Scandic to open hotel in Vaasa, Finland

Hotel giant renovates and expands hotel in western Finland
Nordic hotel company Scandic Hotels has signed a long-term lease agreement to take over the operation of the former Kantarellis hotel in Vaasa, western Finland, from June.
The hotel, which has 68 rooms today, will be expanded to include close to 140 hotel rooms, while the conference and congress facilities will also be enlarged. The expansion is expected to be finished at the end of 2017 and the name of the property will change to Scandic Vaasa.
The building was constructed in the 1930s and originally functioned as a printing house for the newspaper Pohjalainen. The current hotel began operating in 2009. Scandic signed the lease agreement with property owner Airaksinen Capital, one of Vaasa’s largest private property firms.
“Finland is an important growth market for Scandic and today we are already the biggest hotel company in the Helsinki area. With Scandic Vaasa, we are further strengthening our network in the Finnish market,” said Frank Fiskers, Scandic’s president and chief executive.
Scandic describes Vaasa as one of the largest economic centres in western Finland and that “by opening Scandic Vaasa we will further contribute to the attractiveness of the destination.”
TTG Nordic