Brief: New Hotel In Nuremberg Extends Scandic's Presence In Germany

Scandic Hotels AB

14/12/2023 07:14

Dec 14 (Reuters) - Scandic Hotels Group AB  SHOTE.ST :
    * NEW HOTEL IN NUREMBERG EXTENDS SCANDIC'S PRESENCE IN
GERMANY
    * HAS SIGNED A LONG-TERM, REVENUE-BASED LEASE AGREEMENT WITH
LANDLORD PANDOX TO TAKE OVER A HOTEL IN NUREMBERG, GERMANY,
DURING Q1 2024
    * NEW HOTEL WILL BE OPERATED UNDER SCANDIC BRAND
    * FOLLOWING TAKEOVER, SCANDIC WILL OPERATE SEVEN HOTELS IN
GERMANY
WITH A TOTAL OF 2,461 ROOMS

Source text for Eikon:  ID:nWkrbTxHvk 
Further company coverage:  SHOTE.ST 

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