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KLP Fastigheter acquires five-star Radisson SAS Royal Viking Hotel in Stockholm E-mail
Norway Hotels - Hotel News

KLP Fastigheter acquires five-star Radisson SAS Royal Viking Hotel in Stockholm (SE)KLP Fastigheter AB has acquired the property Pennfäktaren 12 from RBS Nordisk Renting. The property is located at Vasagatan 1 in the middle of central Stockholm.

The main part of the property’s approximately 26,400 m² accommodates the five-star Radisson SAS Royal Viking Hotel with 459 rooms, conference facilities, fitness center, pool, spa, fish and seafood restaurant as well as the popular Sky Bar with fantastic views over central Stockholm.

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Double digit growth for occupancy in Norwegian hotels E-mail
Norway Hotels - Hotel News
Wednesday, 20 August 2008 15:41
The hotels of Norway scored a double digit occupancy increase according to the Hotel Performance Results released by STR Global. The Norwegian hotels scored a 14.3% increase, taking the toll to 63%, in terms of occupancy rates during March 2009 according to the report released for the Americas, Asia/ Pacific, Europe & Middle East/ Africa.

“The annual Easter mismatch has had a positive effect on European performance but has only extended to a very limited number of markets,” said James Chappell, managing director of STR Global. “Europe as a whole fell 14 percent in RevPAR, up from the 19 percent drop in February, with southern Europe again bearing the brunt of the hit and dropping by over 20 percent in RevPAR.

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