Negozia Scandic Hotels Group - SHOT CFD

Scandic Hotels AB is the largest Nordic hotel operator with a network of about 280 hotels in seven countries. Scandic was founded in 1963 and since then, it has been a pioneer, driving development within the hotel industry. The company operates in the mid-market segment under its industry-leading brand, Scandic. Approximately 70 percent of the company's revenue comes from business travel and conferences, and the remaining 30 percent from leisure travel. Scandic Hotels AB has a high rate of returning guests and Scandic Friends is the largest loyalty programme in the Nordic hotel sector. As of 31 December 2017, the average number of employees was 9,928 in Sweden, Norway, Finland, Denmark, Germany, Belgium and Poland. Get updated on the Scandic Hotels (SHOT) stock at Capital.com.