Jan E. Rivelsrud and Frank Fiskers

Scandic acquires Rica Hotels - Strengthens its portfolio with 72 new hotels in Norway and Sweden

Press releases   •   Feb 11, 2014 07:15 GMT

Scandic has entered into an agreement to acquire Rica Hotels. With the addition of 72 Rica hotels to its existing portfolio, Scandic further strengthens its position as the leading hotel chain in the Nordic region. In Norway alone, Scandic’s coverage will be increased by 65 hotels, thus becoming a nationwide chain.