Scandic expects occupancy of 30-35 percent for September
The average occupancy level at Scandic’s hotels went up during June and July before decreasing slightly in August. Scandic today estimates that the occupancy rate will be 30-35 percent in September leading to expected occupancy of around 35 percent for the third quarter.Scandic’s average occupancy rate was 42 percent in July and 34 percent in August, with significant variations in the company’s hotel portfolio. In general, the hotels with the highest occupancy were those in smaller towns, while demand in the big cities is still very weak. Norway was the Nordic market with the highest level