Scandic’s interim report Q1 2022
– A quarter that ended strongFirst quarter in summary · Net sales rose by 194.0 percent to 2,733 MSEK (930). · Average occupancy rate was 39.1 percent compared with 17.5 percent during the first quarter last year. · Occupancy was impacted negatively by extensive pandemic restrictions in Scandic’s markets during January and February. · The market improved toward the end of the quarter and in March, Scandic’s occupancy rate rose to 53.5 percent. · The average room rate (ARR) was 1,011 MSEK (841) during the quarter and average revenue per available room (RevPAR) was SEK 395 (