Scandic Hotels’ Interim Report Q3 2022: Scandic’s Best Quarter Ever
The hotel market is recovering rapidly and after two consecutive record quarters Scandic is anticipating good demand for the rest of 2022.
The U.S. Hotel Construction Pipeline Shows Positive Growth Year-Over-Year at Q3 2022 Close
The U.S. has so far opened 343 new hotels with 39,772 rooms in 2022, with another 182 hotels / 22,261 rooms anticipated before year’s end.
Radisson Hotel Group Launches New Radisson Rewards Loyalty Program Offering Fastest Route to Top Tier in the Industry
Will open doors for guests to enjoy valuable and exclusive benefits faster, with VIP members advancing to the highest tier twice as fast.
Scandic München Macherei Opens in Munich
With its modern facade and Nordic-inspired interior, the attractively located 234 room hotel will offer travellers unique experiences.
Climate Award: Comwell Aarhus Named Most Climate-Friendly Hotel in Denmark
Both Danes and Danish companies demand sustainable accommodation, and now the country's most climate-friendly hotels have been determined.
Why Dubai’s Hospitality Sector Is Booming
January through March the emirate welcomed 3.97 million overnight visitors, representing a massive 214 per cent growth year-over-year.
Scandic to Open New Hotel in Ski Outside of Oslo
The hotel will be centrally located beside the train station, and with 15 floors it will be a new landmark in the city.
Scandic Opens Large New Hotel in Historic Printing House in Helsinki
Along with unique loft-style rooms, the hotel features inspiring event, meeting and coworking spaces along with a trattoria and bars.
Europe Continues Steady Increase in New Hotel Openings in First Half of 2022
Following two years of Covid delays, war, labour shortages, and high inflation, Europe’s hotel construction pipeline is slowly improving.
China’s Hotel Construction Pipeline Hits Record High Upscale and Upper Midscale Project Counts in Q2 2022
At the end of Q2 the construction pipeline is just slightly less than the all-time high set in Q1 and up 7% by projects YOY and 6% by rooms YOY.
For the Fourth Consecutive Quarter, Dallas Leads the U.S. Hotel Construction Pipeline at the Close of Q2 2022
The top five markets with the largest hotel construction pipelines in the US are Dallas, Atlanta, Los Angeles, New York and Phoenix.
Radisson RED Opens New Sustainable Design Hotel in Oslo
The music, art, design and fashion-inspired hotel, features a unique rooftop experience with a bar, outdoor terrace and impressive views.
Radisson Resort Plaza Skiathos Opens in the Sporades Islands
The island destination of Skiathos is known for its unspoiled natural beauty and exquisite sandy beaches on the blue waters of the Aegean Sea.
Marriott Reports Outstanding Second Quarter 2022 Results
Marriott International has resumed share repurchases as Marriott’s second quarter results highlight consumers’ love for travel.
Record Earnings for Scandic Hotels
Both net sales and adjusted EBITDA reached their highest levels ever, while indebtedness dropped sharply as a result of strong cash flow.
