On August 14, 2019 Kämp Collection Hotels published an announcement on its official page regarding the company’s acquisition by the Nordic Choice Hospitality Group with its headquarters in Norway. The deal is yet to be finalized shortly after approval from the competition authorities; however, it is most certain that the Nordic company wants to establish a stronger presence in the Finnish market, which is rapidly growing. According to the Statistics Finland, the tourism and hospitality industry is on a constant rise for the past years, for example, as per June 2019 the increase of 6.4% by resident tourists and 4.8% by foreign tourists comparing to the previous year was recorded in terms of overnight stays. Moreover, with the ambitious goal set by the Ministry of Economic Affairs and Employment, Finland should become the top touristic destination in Northern Europe by the year 2025. Naturally, considering all this attractiveness and highly prospective market, large hotel groups are shifting their focus onto the country of a thousand lakes.
Kämp Collection Hotels’ portfolio comprises 10 hotels in Helsinki, i.e. iconic and historic Hotel Kämp, which was established in 1887, Hotel St. George, Klaus K Hotel, Hotel Fabian, Hotel Lilla Roberts, Hotel Haven, and four GLO Hotels with 1 upcoming hotel, which is expected to open its doors in 2023. With this acquisition, the Nordic Choice Hospitality Group will certainly improve its position in Finland. Therefore, after the acquisition, the Finnish portfolio of the group will include these above-mentioned luxury and lifestyle hotels, a boutique hotel F6 and two Clarion Hotels, which are already operating in Helsinki by management of the group.
Speaking of attractiveness of the country, just recently Finland has already experienced major acquisition of Restel Hotels by Scandic Hotels, which certainly made it the largest hotel group in this Nordic country. Obviously, one can notice some tendency in these processes, to be more exact, a competition of “titans” in the industry of hospitality in Finland, i.e:
- the S-Group with its portfolio of Sokos Hotels and Radisson Blu (hotels in Finland);
- the group of Scandic with its portfolio of Scandic Hotels, IHG and Hilton (hotels in Finland)
- Nordic Choice Hospitality Group with its portfolio of Clarion Hotels, Hotel F6, and Kämp Collection Hotels.
The new-build, 249 room hotel will be the city’s first luxury hotel in Abuja, with an expansive range of rooms, from standard rooms and apartments to lofts and presidential suites.
Amadeus signs a landmark hospitality distribution agreement with Booking.com to integrate its accommodation content into the Amadeus Travel Platform for the first time.
Volvo Cars have glimpsed at how autonomous drive technology will change the world as we know it. Car brand introduced the 360c concept which presents four potential uses of autonomous driving vehicles – a sleeping environment, mobile office, living room and entertainment space.
7 of January 2020 is the day when the first Courtyard by Marriott hotel was opened in Finland, i.e. in the town of Tampere. Notably, Marriott has not had much presence in Finland until now, mainly having members of Design Hotels and Tribute Portfolio hotel in its Finnish portfolio. TOHOLOGY visited grand opening of the Courtyard by Marriott Tampere City and prepared an overview.