“The lease structure – especially revenue-based contracts, which share the risk between hotel operator and owner – is firmly entrenched in the Scandinavian hotel industry and does not seem likely to recede any time soon – particularly given the ongoing expansion of Scandic’s leased estate. Indeed, Scandic’s extensive leased portfolio constitutes a substantial barrier to entry for any major international group seeking to expand in the Scandinavian market in a big way.”
- Jessica Kelly, Senior Tourism Analyst
This report looks at the following areas:
What has been the recent trend in arrivals and overnights in Scandinavian hotels by country/ region? What is the breakdown of Scandinavia’s hotel capacity by country/region? Which are the main Scandinavian hotel groups and what is the nature of their hotel portfolios? How extensive is the presence of foreign hotel chains in Scandinavia? What are the trends in terms of distribution channels for Scandinavian hotels? Which market segments offer development opportunities?