As part of our company net zero travel policy, we try to use suppliers who help us toward zero-carbon. When visiting Finland last week, the hotel demonstrated their commitment with towel re-use!
As they say, "Make the World a Happy Place”!
#netzero #scandichotels #thecarbonshift

Scandic Hotels shares rise on strong start to the year Investing.com -- Shares of Scandic Hotels Group AB (STO:SHOT) climbed 7.7% following the announcement of the company’s first-quarter results, which showed an improving booking situation and better-than-expected profitability. Despite net sales being 2% below the FactSet consensus, at SEK 4,546m, the company’s performance indicated a solid start to the year with a 2.9% increase compared to the same quarter last year. The hotel group’s growth was primarily attributed to positive calendar effects, such as Easter occurring in April. All markets experienced positive organic growth, except for Finland, which is still grappling with geopolitical challenges. Scandic Hotels reported an average occupancy rate of 55.1%, up from 51.9% in the first quarter of the previous year, and a 5.8% increase in Revenue Per Available Room (RevPAR) to SEK 655. The adjusted EBITDA saw a significant leap of 206% year-on-year to SEK 101m, which was 26% above the consensus estimate, resulting in a margin of 2.2%, a marked improvement from the 0.7% margin in the same quarter of the previous year. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Description generated by chat-GPT and edited: This image depicts a stylish modern lounge or seating area. It features unique, modular green upholstered seating arranged in a curving, sculptural form. The design is complemented by small, black wooden stools scattered around the seating, offering flexibility for use as tables or additional seats. The space has a warm atmosphere with wooden paneling on the walls, a modern built-in fireplace, and greenery in the form of potted plants. A checkerboard-patterned rug in black and beige tones anchors the seating area, adding visual interest to the floor. In the background, a glass door provides a view into another part of the space or outside, while soft lighting adds to the cozy and inviting ambiance.

This is the lobby of Scandic Park Hotel in Stockholm, Sweden. I love how the interior is non-predictable, unique, and a combination of fun and stylish with materials of quality. Photo from August 2023.
#interiors #hotelinteriors #HotelLobby #scandinavianStyle #furniture #Stockholm #ScandicHotels