Scandic closes 17 of 27 Danish hotels

by on April 13, 2020 0

Scandic is temporarily shutting down 17 of its 27 hotels in Denmark. For now, the closures are in effect until after Easter.

Scandic Hotels are temporarily shutting down 17 of its 27 hotels. The closures are a consequence of the COVID-19 epidemic and are valid until 14 April.

The hotel chain has so far laid off...

Read More

Losing 250 million Kroner a month

by on March 30, 2020 0

Petter Stordalen’s hotels have major problems related to the corona epidemic. The tourism magnate fears full collapse.

Stordalen’s hotels lose NOK 250 million a month and have ten billion in debt, writes Dagens Næringsliv.

The entire travel industry is struggling with few bookings due to travel restrictions during the corona crisis. Now Stordalen admits that the...

Read More

Scandic needs NOK 1.6 billion

by on March 24, 2020 0

Low occupancy for several months to come means that the Scandic hotel chain has a financing need of around NOK 1.6 billion.

Corona crisis, Scandic has implemented significant cost measures. Last week, the chain’s occupancy rate was ten to fifteen percent. At the same time, it is estimated that at the end of April the...

Read More

Nearly nine out of ten hotel rooms bookings were extinguished

by on March 22, 2020 0

More and more hotel rooms in the country are empty in the wake of the corona virus. According to business organization Visita, which has obtained figures from Benchmark Alliance, the occupancy rate of the hotels has completely crashed, TT reports.

Almost nine out of ten hotel rooms in Stockholm are vacant and in Gothenburg, occupancy...

Read More