Scandic Comments On Market Situation And Ongoing Rent Negotiations
Scandic Comments On Market Situation And Ongoing Rent Negotiations

Scandic · 15 Jan

In December, Scandic's average occupancy rate was approximately 15 percent with continued weak demand in all markets. Ongoing rent negotiations have

Scandic Comments On Market Development And Ongoing Rent Negotiations
Scandic Comments On Market Development And Ongoing Rent Negotiations

Scandic · 8 Dec

In November, Scandic's average occupancy rate was approximately 20 percent due to extremely weak demand in all markets. Recently intensified rent neg

Scandic Adapting Operations To A Temporary Period Of Significantly Lower Occupancy
Scandic Adapting Operations To A Temporary Period Of Significantly Lower Occupancy

Scandic · 23 Mar

Since the coronavirus began to spread, occupancy at the Group's hotels has fallen significantly and was 10 to 15 percent in the previous week. Scandi

Scandic’s Board Of Directors Proposes To Cancel Dividend For 2019 In Order To Improve The Financial Position
Scandic’s Board Of Directors Proposes To Cancel Dividend For 2019 In Order To Improve The Financial Position

Scandic · 18 Mar

At an extraordinary Board meeting held on March 16, 2020, the Board of Directors of Scandic Hotels Group AB resolved to withdraw its earlier dividend