SHOT 📈 Scandic Hotels Group AB - Overview

Scandic Hotels Group AB (publ) is a hospitality company that operates and franchises hotels across the Nordic region, including Sweden, Norway, Finland, Denmark, as well as Germany and Poland. The company's portfolio comprises a range of hotels under various brands, such as Scandic, Scandic Go, and partner brands like Hilton, Holiday Inn, Indigo, and Crowne Plaza, catering to diverse customer segments and preferences. With a history dating back to 1963, Scandic Hotels Group has established itself as a significant player in the European hospitality industry.

The company's business model is centered around providing high-quality hotel experiences, leveraging its strong brand presence and operational expertise to drive growth and profitability. As a publicly traded company listed on the Stockholm stock exchange, Scandic Hotels Group is committed to delivering value to its shareholders while maintaining its focus on customer satisfaction, employee development, and sustainable business practices. With its headquarters in Stockholm, Sweden, the company is well-positioned to navigate the complexities of the European hospitality market and capitalize on emerging trends and opportunities.

From a financial perspective, Scandic Hotels Group AB (publ) is classified as a common stock with the ISIN code SE0007640156, and its GICS Sub Industry classification is Hotels, Resorts & Cruise Lines. This classification reflects the company's core business activities and provides a framework for investors to evaluate its performance and prospects within the context of the broader hospitality industry. For more information about Scandic Hotels Group, investors and customers can visit the company's website at https://www.scandichotelsgroup.com, which provides detailed information on its hotels, services, and corporate activities.