Scandic Expands in Uppsala with 236-Key Hotel: A Strategic Investment for the Nordic Region

Scandic Hotels, a prominent hotel chain in the Nordic region, has joined forces with real estate company Vasakronan to develop a new 236-room hotel in the heart of Uppsala, Sweden. The project is situated in Södra City and is part of a long-term lease agreement between the two companies. Construction of the hotel is expected to commence later this year, with a targeted opening date set for the second quarter of 2028. Jesper Engman, senior vice-president of portfolio development at Scandic Hotels, expressed his excitement about being part of the development of Södra City with Vasakronan, stating that the new hotel will be a significant addition to their existing portfolio and strengthen their presence in a city with clear growth and great future potential. The upcoming hotel will feature seven meeting rooms, with the largest capable of accommodating up to 200 guests. Its proximity to Uppsala University Hospital, Studenternas sports ground, and Stadsträdgården park makes it an ideal destination for both business and leisure travelers, as well as for hosting both small meetings and large events. The mixed-use property will combine hotel and office spaces, allowing for shared lobby and entrance areas between hotel guests and office tenants. The ground floor will house a restaurant with a bar and outdoor seating, alongside a 100m² equipped gym for hotel guests. The building will pursue LEED Platinum sustainability certification, while the hotel's operations aim to meet the Nordic Swan Ecolabel standards. This new establishment will join Scandic's current Uppsala portfolio, which includes Scandic Uppsala Nord with 184 rooms and Scandic Uplandia with 151 rooms. Earlier this month, Scandic also announced plans to expand its Swedish footprint with a new alpine hotel in Sälen, expected to launch in the 2027/2028 winter season. Jens Mathiesen, president and CEO of Scandic Hotels Group, commented on the investment, stating that it is in line with Scandic’s ambition to grow in strategically important markets in the Nordic countries. Uppsala is an exciting destination – Sweden’s fourth largest hotel market and one of the country’s most forward-thinking cities, elements they want to capitalize on by expanding in the area. They look forward to being a part of the city’s continued development. In conclusion, the new 236-room hotel in Uppsala is a strategic investment for Scandic Hotels that will not only add to their existing portfolio but also strengthen their presence in a city with great growth potential. The mixed-use property will combine hotel and office spaces, offering shared facilities and sustainable practices, making it an attractive destination for both business and leisure travelers.