Thursday, May 12, 2016

Hotel Chain results slopes – Private Businesses

Scandic reported an adjusted EBITDA of SEK 40 million for the first quarter of 2016 (66). Earnings per share amounted to SEK -0: 97 kronor in the quarter (-0: 87).

The total revenues amounted to 2.594 billion kronor in the quarter (2664). Growth in RevPAR (revenue per available room) was -1.9 percent from the first quarter of 2015. In comparable terms, RevPAR increased 1.7 percent.

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