Scandic Hotels Group AB (publ) (SHOT.ST)
Scandic Hotels Group AB (publ) operates in the Travel Lodging industry of the Consumer Cyclical sector, headquartered in Stockholm, AB, SE. The stock last traded at $86.20, up 3.36% on the session, giving a market capitalisation of $18.54B. Its beta of 0.89 implies it has historically moved less than the broad market.
Scandic Hotels Group AB (publ), through its subsidiaries, engages in both operating and franchising hotels. Its extensive network spans multiple European nations, including Sweden, Norway, Finland, Denmark, Germany, and Poland. The group's properties are branded under names such as Scandic, Hilton, Holiday Inn, Crown Plaza, and Indigo. With approximately 280 hotels under its management as of June 10, 2022, the company has a significant footprint. Scandic Hotels Group was established in 1963 and its headquarters are situated in Stockholm, Sweden.
Scandic Hotels Group AB (publ) is most often compared with the following Consumer Cyclical names: