Region overview: 14,000 hotel rooms in Scandinavia’s pipeline [Infographic]

by | 04 Sep 2021 | Hotel Projects, Projects

The TOPHOTELPROJECTS construction database offers an invaluable glimpse into Scandinavia’s development slate, with almost 60 hotel schemes planned across the region.

In the coming years, 59 hotels with 14,327 keys are due to open across Norway, Sweden, Finland and Denmark, according to our dedicated research team. We take a closer look at where the hospitality sector will grow most rapidly.

Scandinavia hotel openings by year

In the last third of 2021, 13 more projects with 3,141 rooms are due for completion.

For 2022, another 15 launches will bring 3,505 keys into play, while 13 openings with 3,095 rooms are scheduled for 2023. A further 18 hotel schemes and 4,587 keys are already in the works for 2024 and beyond.

Of the 59 hotels that we’re tracking in Scandinavia, the vast majority (47) will be in the four-star category, with the remainder (12) all in the five-star segment.

Most active countries for hotel development

Denmark leads our country-by-country list, with 17 openings and 4,436 rooms on the cards. Ten of these projects – and 2,637 rooms – have been earmarked for Copenhagen alone, making the Danish capital the region’s busiest urban growth market.

Finland follows with 14 properties and 4,209 rooms – its capital Helsinki has eight projects and 2,116 keys on the go, while Espoo can look forward to getting three new hotels with 1,270 rooms. And Sweden concludes our rundown with 13 projects and 2,993 keys set to open soon.

Top three hotel brands expanding in Scandinavia

Scandic Hotels is planning ten openings with 3,240 keys, making it by far the fastest growing hotel brand in the region.

Some way behind, Clarion Hotels by Nordic Choice takes second place with four planned openings, which will expand its footprint by 1,524 rooms. And finally, the hip 25hours Hotels brand has three properties with 614 keys on the horizon.

Noteworthy hotel openings coming up in Scandinavia

The first scheme we’ve decided to highlight is due to complete at the end of this year. Lapland Hotels Arena, a 273-key property in Tampere, Finland, will be directly connected to the country’s largest multipurpose area. Apart from its modern and inviting rooms, the hotel will offer a restaurant with 350 seats, a bar and a small store stocked with travel necessities.

A few months later, in early 2022, Ibis Styles Ørestad will launch on the outskirts of Copenhagen. This 183-room hotel will be part of the mixed-use Nest45 project, which will also house offices. Developer Skanska has tasked architect Holscher Nordberg with creating a modern blended space only a short drive from the city’s airport and downtown area.

Clarion Hotel Draken Gothenburg will follow a while later – Q3 2023 to be precise. This 452-key project will occupy a 33-floor tower close to the city centre and main train station. Geared primarily towards conference and events guests, the hotel will boast spacious meeting rooms and ballrooms, as well as several restaurants and a gym.

Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.

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