Scandic Expands In Germany With New 174-Room Hotel In Stuttgart

Scandic Hotels Group has signed a long-term, revenue-based lease agreement with AXA Investment Managers to take over a prime 174-room hotel in the heart of Stuttgart. Set to open in the fourth quarter of 2025, this strategic move will see the hotel undergo extensive renovations to meet Scandic’s operational standards and align with their brand identity. With a commitment to delivering sustainable and high-quality hospitality, Scandic is ready to establish itself as a key player in Stuttgart’s burgeoning hotel market.

With the addition of this new Stuttgart hotel, Scandic will now operate eight hotels in Germany, totaling 2,635 rooms. This expansion underscores Scandic’s commitment to growing its presence in key European markets and positioning itself as a leader in sustainable hospitality. The German hotel market offers significant potential, and Scandic is poised to take advantage of this with its strong brand identity and focus on eco-friendly operations.