SCANDIC LAUNCHES NEW HOTEL BRAND

Jul 15, 2015

Scandic is launching Scandic GO, a new hotel brand that offers a playful, slimmer concept within the growing economy hotel segment. With Scandic GO, the company aims to establish a strong presence in city locations in all of the Nordic markets. Scandic will initially launch five hotels under the new Scandic GO brand – four in Stockholm and Oslo during the fourth quarter 2020 and one in Copenhagen during the second quarter 2021.

Scandic GO will offer a great night’s sleep at a great location for a great price. Full-service restaurants, meeting facilities and gyms have been removed, for city travelers who prefer to experience the wide range of restaurants and entertainment outside of the hotel. Guests that still want to eat in will be able to enjoy a limited but carefully selected food and beverage offering.

 In bigger cities, we’ve seen changes in the way new and returning guests spend their time both in and outside of the hotels. Now is the perfect time to expand our offering and establish Scandic in a segment where we see strong potential to grow, says Jens Mathiesen, President & CEO of Scandic Hotels.

The economy hotel segment has grown steadily in recent years and is expected to increase further with changes in traveler behavior. Scandic aims to be the market leader in the segment in the Nordic countries, primarily through new-builds and take overs. Today, Scandic has an attractive pipeline that corresponds to annual growth of around 1,500 rooms per year on average. With Scandic GO, the company expects this growth to increase to 2,500-3,000 rooms annually.

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