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Image Credit Dalata Hotels
Scandic will manage the operations of 56 Dalata hotels under a new agreement, with an acquisition planned following a carve-out process.
Scandic has entered into a management agreement to oversee the operations of Dalata’s 56 hotels, which encompass approximately 12,000 rooms. The agreement is set to commence on November 7, 2025, and will continue until the completion of a carve-out process and Scandic’s intended acquisition of the hotel operations.
Under the terms of the agreement, Scandic will receive a quarterly management fee amounting to 4% of all revenues generated from the operation of the Dalata hotels. The existing management team at Dalata will maintain responsibility for day-to-day operations, with support from representatives of Scandic.
The planned acquisition of Scandic’s hotel operations is expected to be finalized after the carve-out process. The anticipated purchase price for the acquisition is EUR 500 million, subject to adjustments upon completion. This figure corresponds to an estimated enterprise value of approximately six times the adjusted EBITDA for 2024. Scandic intends to finance the acquisition through available cash and debt facilities.
Further details regarding the transaction were disclosed in Scandic’s earnings presentation on October 20, 2025, and in previously published earnings materials from July 15, 2025.
