Scandic Hotels expands in Norway

Scandic Hotels continues to expand in the Norwegian hotel market by acquiring hotel operations in Bergen from owner Bergen Hotel Gruppen AS. Scandic will take over three hotels: Scandic Neptun, Scandic Bergen City and Scandic Strand with a total of 630 rooms and some 40 conference rooms. Scandic will then operate six hotels Norway's second-biggest hotel market.

The hotels have been Scandic branded since 2000 under a long-term franchise contract between Bergen Hotel Group and Scandic.

The three hotels have positions within the conference, leisure and business travel sectors. The seller of the hotel operations is the current franchisee, Erling Falch Monsen, who will continue as property owner of Scandic Neptun and Scandic City. The operations of the three hotels will be taken over officially by Scandic on February 1st, 2015. The transaction is conditioned upon approval by the Norwegian anti-trust authorities.

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“Norway is an important home market for Scandic. During this year, mainly as a result of the acquisition of Rica Hotels, we have increased from 19 to 86 hotels in Norway, from Kristiansand in the south to Svalbard in northern Norway. With the acquisition of these three hotels, Scandic will further solidify our position as the absolutely leading player in the Bergen market,” said Frank Fiskers, president & CEO of Scandic.

Scandic operates close to 42,000 hotel rooms, of which 14,700 are in Norway.

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