Scandic’s occupancy and bookings continue to increase in line with Q2 forecast
Booking and occupancy levels at Scandic’s hotels are continuing to improve gradually from a record low level in mid-April in line with the company’s forecast in its interim report for the first quarter 2020 that was published on May 20. As announced earlier, Scandic is preparing additional cost-saving measures to enable profitability at lower occupancy levels than before.Since mid-April, there has been a gradual increase in average occupancy at Scandic’s hotels. In general, activity levels have improved somewhat in part as a result of governments and authorities easing some of the