American Hotel & Lodging Association Educational Institute Foundation Lodging Magazine
Home About Us Membership Allied Buyer's Guide News & Information Center Governmental Affairs Conventions & Events Products & Services Career Center


Search




Search our
Knowledge Base

Members Only
Join AH&LA
Email this to a Friend
Bookmark this page
Feature Program
Message Board


AH&LA - KNOWLEDGE BASE
From hotel properties to students, we have a membership for you!


NEWS ARTICLE
contents brought to you by Hsyndicate

2 July 2009


Scandic signs up for another hotel in Oslo

Scandic continues to grow, adding another hotel in Oslo. Today an agreement was signed between Fornebu Hotell AS and Scandic, confirming that the new hotel on Fornebustranda will be run by Scandic.

“The hotel has a fantastic outlook, both across the Oslo Fjord and for the future, with its location in a fast-expanding part of Oslo. With our own expansion in Norway due to continue over the next few years, signing this long-term agreement for Scandic Fornebu means adding another hotel with excellent prospects and a strategic location to our growing capacity,” comments Frank Fiskers, President and CEO of Scandic.

Fornebu Hotell AS is owned by IT Fornebu Eiendom and Ustillingsplassen Eiendom, a Hamar-based property company. The Narud Stokke Wiig firm of architects designed the hotel, which will have a floorspace of 17,000 m2, with 300 rooms, a restaurant, a spa and conference facilities for up to 1,000 people. It is located on the shore of Rolfsbukta bay, with views across the Oslo Fjord, putting it only ten minutes away from central Oslo, with excellent communications.

“As chairman of Fornebu Hotell AS, I’m proud and pleased that we have secured a leading hotel operator like Scandic to run the hotel, which will be the most important of Fornebu’s portfolio. As chairman of IT Fornebu, I’m also happy that we will now be adding the last building along the seafront, completing this part of the commercial development of the Fornebu peninsula,” explains Erik Løfsnes.

Work on Scandic Fornebu will start in summer 2010, with the hotel due to open in spring 2012. Read more on Scandics hotels in Oslo

CONTACT
Jessica Agert
Media Relations Manager
Phone: +46 8 517 350 13
Email: jessica.agert@scandichotels.com

ORGANIZATION
Hospitality NetScandic
http://www.scandichotels.com/
Hälsingegatan 40
Stockholm , 102 33
Sweden
Phone: +46 8 517 350 00

RECENT NEWS
Thursday 11 March 2010 | Today, Scandic signed an agreement to purchase Hotel Linnea, Hotel Rivoli and Hotel Salpaus from Next Hotels Finland Oy. The deal also covers an amazing new hotel that will be built in conjunction with the Paasitorni Congress Centre in Helsinki.
Monday 8 March 2010 | Today Scandic announced that Frank Fiskers, who has been CEO at Scandic since 2007, will leave his position after the summer. The process of recruiting a new CEO to Scandic is expected to be finalized during the coming months.
Wednesday 24 February 2010 | Revenue amounted to EUR 661.0 (758.5) million. For comparable hotels and at a fixed exchange rate, revenue fell by 9.9%. Revenue per available room (RevPAR) fell by 10.4% for comparable hotels and at a fixed exchange rate. Operating profit (EBITDA) came in at EUR 61.6 (111.1) million, giving a profit margin of 9.3% (14.7%).

All Articles from Scandic



Post News







More News

All Latest News

Finance News

Technology News

Sales & Marketing News

Consultant Reports

Multimedia

| Contact Us | | Site Map | | Privacy Policy |