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Travel news12 November 2026

Scandic Group Achieves Initial Success in 500 Million Euro Acquisition of Datala Hotel Group

Initial standardized figures show that the deal, which Scandic Group acquired for the Datala hotel group at a value of 500 million euros, achieved higher revenue per room and greater occupancy compared to Scandic's independent operations. Now, the group must ensure the integration is done slowly to protect the occupancy rate, which was a key reason for the acquisition. This step determines the long-term success of the deal in the European hospitality market.

Source: Skift