Scandic Hotels Group Ab operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Scandic Hotels Group Ab with three other
hotel and motel operators in Europe:
NH Hotel Group SA
sales of 1.61 billion Euro [US$1.81 billion]
of which 100%
Pierre et Vacances SA
(1.43 billion Euro [US$1.61 billion]
of which 95%
was Tourism), and
Melia Hotels International SA
based in Spain
(1.83 billion Euro [US$2.05 billion]
of which 104%
During the year ended December of 2018, sales at
Scandic Hotels Group Ab were SEK 18.01 billion (US$1.88 billion).
increase of 23.5%
versus 2017, when the company's sales were SEK 14.58 billion.
This was the fifth consecutive year of sales increases at Scandic Hotels Group Ab
(and since 2013, sales have increased a total of 128%).
Sales of Operating Segment - Finland saw an increase
that was more than double the company's growth rate: sales were up
117.7% in 2018, from
SEK 1.92 billion to SEK 4.17 billion.
Scandic Hotels Group Ab also saw significant increases in sales in
Operating Segment - Germany (up 33.8% to SEK 633.00 million)