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Scandic Hotels, Hilton Enter Hotel Development Partnership

MT Newswires·10/19/2026 04:57:04
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04:57 AM EDT, 10/19/2026 (MT Newswires) -- Swedish hotel company Scandic Hotels Group (SHOT.ST) entered into a multi-year agreement with Hilton to jointly pursue hotel development opportunities across Sweden, Norway, Denmark and Finland. The partnership will focus on individual development projects, with both Scandic and Hilton planning to introduce benefits for members of their respective loyalty programs, according to a Monday release. As part of the collaboration, Scandic agreed to operate a 284-room Hilton hotel near Copenhagen Airport under a franchise agreement. The property is expected to open in 2029, subject to pending conditions.