Scandic Hotels Group completes acquisition of Dalata hotel operations

Scandic Hotels Group has completed the acquisition of the hotel operations of Dalata Hotel Group. The transaction was finalized for a purchase price of 500 million euro on a cash and debt-free basis, funded through internal liquidity and existing financing facilities.

The acquisition includes 57 hotels comprising approximately 12,500 rooms, along with a development pipeline of 1,600 additional rooms. Starting November 2, 2026, the newly acquired assets will be consolidated into Scandic's financial reporting under the 'Other Europe' segment.

CEO Jens Mathiesen stated that the move strengthens the group’s footprint in the Irish and British markets. The deal expands Scandic’s portfolio to over 320 hotels across 11 countries, integrating the Clayton Hotels and Maldron Hotels brands into its existing network.

Comprehensive details regarding the financial impact of the transaction are expected to be included in the company's Q3 2026 interim report, scheduled for release on November 10, 2026.