Scandic Hotels Overview

  • Year Founded
  • 1963

Year Founded

  • Status
  • Public

  • Employees
  • 11,058


  • Stock Symbol
  • SHOT

Stock Symbol

  • Investments
  • 11

  • Share Price
  • $4.64
  • (As of Monday Closing)

Scandic Hotels General Information


Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It operates more than 260 hotels with approximately 130 destinations which give a unique geographic reach for both corporate and leisure travelers. The majority of the company revenue comes from Room and Restaurant and conferences. Its business is operated through various geographical regions which include Sweden, Finland, Denmark, Poland, Germany, and Norway.

Contact Information

Formerly Known As
Esso Motor Hotel
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Hotels and Resorts
Other Industries
Other Restaurants, Hotels and Leisure
Stock Exchange
Corporate Office
  • Sveavagen 167
  • PO Box 6197
  • 102 33 Stockholm
  • Sweden
+46 08-517 000 00

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Scandic Hotels Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.64 $4.53 $2.97 - $5.16 $887M 191M 1.12M $0.31

Scandic Hotels Financials Summary

In Thousands,
TTM 30-Sep-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 4,992,765 4,422,033 4,927,540 4,278,539
Revenue 2,043,663 1,895,541 1,174,449 810,171
EBITDA 607,401 572,605 309,623 149,995
Net Income 46,283 38,837 (195,741) (645,208)
Total Assets 5,188,258 4,883,913 4,945,408 4,666,906
Total Debt 4,259,591 4,114,439 4,293,018 3,991,915
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Scandic Hotels Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Scandic Hotels Comparisons

HQ Location
Total Raised
Post Valuation
Scandic Hotels Group AB is a Sweden-based company engaged in the operation of hotels. It operates more than 260 hotels w
Hotels and Resorts
Stockholm, Sweden
11,058 As of 2023
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Evry Cedex, France
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000000 000 0000000
London, United Kingdom
0000 As of 0000
0.000 0000-00-00
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Scandic Hotels Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Accor Corporation Evry Cedex, France 000000 00.000 000000000 00 00.000
Millennium & Copthorne Corporate Backed or Acquired London, United Kingdom 0000 00000 00000000000
NH Hotel Group Formerly PE-Backed Madrid, Spain 00000 00000 000000000 00 00000
Melia Hotels International Corporation Palma de Mallorca, Spain 00000 00000000000
Kerzner International Private Equity-Backed Dubai, United Arab Emirates 00000 00000 00000000000
You’re viewing 5 of 14 competitors. Get the full list »

Scandic Hotels Executive Team (18)

Name Title Board Seat Contact Info
Jens Mathiesen President, Chief Executive Officer and Member of the Executive Committee
Åsa Wirén Chief Financial Officer & Executive of Investor Relations
Fredrik Wetterlundh Chief Human Resources Officer
Rasmus Blomqvist Director of Investor Relations
Therese Cedercreutzt Chief Commercial Officer
You’re viewing 5 of 18 executive team members. Get the full list »

Scandic Hotels Board Members (9)

Name Representing Role Since
00000000 000000000 Scandic Hotels Board Member 000 0000
000 00000000 Scandic Hotels Chairman 000 0000
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Scandic Hotels Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Scandic Hotels Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Scandic Hotels Investments & Acquisitions (11)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cumulus Pori 29-Dec-2017 000000000 Buildings and Property
Restel (Finnish hotel operations) 29-Dec-2017 0000000000 00000 Hotels and Resorts 00000 000
Hotel Norge (Norway) 12-Apr-2016 000000000 Buildings and Property 00000 000
Radisson Blu Falconer Hotel & Conference Center 11-Apr-2016 000000000 Buildings and Property 00000 000
Scandic Aalborg City 17-Mar-2016 Corporate Asset Purchase Buildings and Property 00000 000
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

Scandic Hotels ESG

Risk Overview

Risk Rating

Updated April, 26, 2023

23.67 | Med Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 15,605




Consumer Services


00 of 501




Travel, Lodging and Amusement


00 of 129




To view Scandic Hotels’s complete esg history, request access »

Scandic Hotels Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Cumulus Pori 29-Dec-2017 000000000 00000 00 Completed
  • 0000000 000000
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