Scandic Completes Acquisition of Dalata’s Hotel Operations

Bitget2026/11/02 14:10

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Scandic Hotels Group completed its EUR 500 million acquisition of Dalata Hotel Group’s hotel operations on November 2, 2026.
The acquisition covers 57 hotels with approximately 12,500 rooms, with another 1,600 rooms in the pipeline.
The purchase price was paid on a cash-free, debt-free basis, funded through cash and loan facilities.
The acquired operations will be consolidated in the Other Europe reporting segment from completion.
Clayton Hotels and Maldron Hotels join the portfolio, expanding the group to over 320 hotels across 11 markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandic Hotels Group AB published the original content used to generate this news brief via Cision (Ref. ID: 202611020910BITN____UKPR__SV_20261030-BIT-2520-0) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scandic Completes Acquisition of Dalata’s Hotel Operations

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