Can I read Scandic Hotels Q2 2016 Revenue Report on EtoBox?

Scandic Hotels Q2 2016 Revenue Report by Grigore Marian Sorin is a document available to read on EtoBox.

What is Scandic Hotels Q2 2016 Revenue Report about?

The largest hotel company in the Nordics reported strong results for the first half of 2016, with revenue and profits up significantly compared to the same period last year. RevPAR (revenue per available room) increased 6.7% driven by higher occupancy and room rates. Net sales increased 6.3% and adjusted EBITDA grew 20%. The company benefited from continued strong demand, efficiency gains from an acquisition, and their operating model helped mitigate impacts from a hotel strike in Norway. Five new hotels we

Author

Grigore Marian Sorin

Language

EN