OM:SHOTHospitality
Should Scandic’s New Stuttgart and Floro Hotels Shape Action From Scandic Hotels Group (OM:SHOT) Investors?
Scandic Hotels Group has recently expanded its footprint by opening Scandic Stuttgart Europaviertel, its eighth hotel in Germany with 174 rooms, and Scandic Victoria Floro, its first hotel in the Norwegian coastal town of Floro with 97 rooms, both supporting meetings and event demand.
These openings highlight Scandic’s push toward its 2030 goal of adding about 10,000 new rooms, using a mix of German growth and Nordic franchise partnerships to broaden its network and brand reach.
Next, we’ll...