Investment NewsTrading News

Scandic expands operations in Germany with new Berlin resort

2 min reading time

Revealed on 12/02/25 – Updated on 12/02/25

Scandic Accommodations is decided to raise its presence in Germany with a new property in Berlin. The firm has entered staunch into a rent agreement with AXA Investment Managers to operate a 214-room resort in the western district of town’s downtown situation.

The resort will endure renovations to align with Scandic’s trace and operational standards. Upon its opening in the third quarter of 2026, Scandic will operate three accommodations in Berlin, totaling 992 rooms.

Dwelling and products and services

The resort is located advance Kurfürstendamm, a neatly-acknowledged browsing boulevard, and shut to office complexes housing global companies. Following renovations, the property will offer as a lot as this level assembly spaces, a restaurant, a bar, and wellness facilities, including a health facility and sauna. Its accessibility by skill of public transportation will present comfort for diverse forms of vacationers. As half of Scandic’s commitment to sustainability, the resort will receive technical and environmental upgrades. This could well perchance be licensed under the Nordic Swan Ecolabel, reflecting the firm’s efforts in direction of sustainable hospitality practices.

” Berlin is a extremely principal market for Scandic, where the firm already operates two accommodations in central locations that appeal to leisure and company company alike. Berlin’s dwelling as a host city for predominant commerce gala’s, conferences and cultural events ensures yr-spherical search info from for accommodations. Increasing our collaboration with AXA Investment Managers gives each and each companies stipulations to raise development in the German market,” – Jens Mathiesen, President & CEO at Scandic Accommodations Community.

Berlin’s honest in Scandic’s growth

Berlin stays a key market in Europe’s hospitality sector, attracting each and each industry and leisure vacationers. Germany’s recognition as a tourist destination, blended with its significance as a industry hub, makes it a extremely principal situation for Scandic’s development. This agreement follows a old partnership with AXA Investment Managers for a resort in Stuttgart, signed in 2024.

“Here is in accordance with Scandic’s growth approach and our ambition to raise and pressure development alternatives in key markets that are intelligent to us and our resort company. We aim to alter into one of West Berlin’s most traditional accommodations for leisure and industry vacationers. It’s also about building long-timeframe and a success partnerships. Here is why it fells so decided to be expanding our collaboration with AXA Investment Managers,” – Jesper Engman, Senior Vice President Portfolio Building.

Growth of Scandic’s presence in Germany

With the addition of this Berlin property, Scandic will operate 9 accommodations across Germany, offering a total of 2,849 rooms. This growth aligns with the firm’s approach of strengthening its presence in key locations while assembly the wants of each and each industry and leisure vacationers.

Each week, the HON crew brings you an knowledgeable leer on the realm of hospitality. By turning staunch into a member, you’ve in discovering admission to to an total ecosystem: uncommon screech, jobs, and many others.

Learn More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button