Scandic Hotels to take over Hotel Eremitage in Lyngby, Copenhagen

Scandic Hotels to take over Hotel Eremitage in Lyngby, Copenhagen Scandic Hotels has today signed an agreement to take over the operations of the Hotel Eremitage in Lyngby. As a result the hotel will, from May 1. 2000, operate under the name Scandic Hotel Eremitage Kongens Lyngby and be fully integrated with Scandic Hotels´ management-, marketing- and sales systems. Hotel Eremitage has 111 rooms, 6 suites and 9 conference rooms, along with an à la carte restaurant and bar. "The Scandic Hotel Eremitage not only gives us a hotel in the northern part of Copenhagen, where many of Denmark's growth businesses are located, it gives us a hotel in one of the capital's areas of outstanding natural beauty," says the business area manager, Denmark of Scandic Hotels, Hans G. Frank. " We are looking forward to be able to offer the customers "the Scandic quality and service" and to introduce them to the numerous Scandic marketing programmes, such as Scandic Club, Scandic Bonus Cheque, Scandic Holiday Cheque", continues Hans G Frank. Scandics market leading position in Denmark is strenghtened with the new hotel . Apart from the new hotel Scandic operates four hotels in the Copenhagen area. Scandic Hotels has 20 hotels in Denmark. For further information, please contact: Hans G. Frank, Business Area Manager Denmark, Scandic Hotels tel: +45 33 48 04 50 Gunnar Brandberg, Vice President Marketing & Investor Relations Scandic Hotels Tel. +46 8 517 352 12 or +46 709 73 52 12 Scandic Hotels AB is the largest hotel operator in the Nordic region, with 133 hotels in 10 countries, the majority of which are in the Nordic countries. Scandic's strategy is to be a dedicated hotel operator. Its business mission is "to offer many people the highest value for money when staying in its hotels, during work and leisure". Scandic Hotels AB (publ) Box 6197, S-102 33 Stockholm, Sweden. Tel: +46 8 517 350 00, Fax: +46 8 517 352 70 E-mail: info@scandic-hotels.com, Homepage: www.scandic-hotels.com Company no.: 556299-1009 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/13/20000413BIT00500/bit0001.doc http://www.bit.se/bitonline/2000/04/13/20000413BIT00500/bit0002.pdf