Hotel rooms

Region Snapshot: 14,000 hotel rooms in Scandinavia’s pipeline [Infographic]

The TOPHOTELPROJECTS construction database offers an invaluable overview of Scandinavia’s development slate, with almost 60 hotel programs planned for the region.

In the coming years, 59 hotels with 14,327 keys are expected to open in Norway, Sweden, Finland and Denmark, according to our dedicated research team. We take a closer look at where the hospitality industry will experience the fastest growth.

Hotel openings in Scandinavia by year

In the last third of 2021, another 13 projects with 3,141 rooms are to be completed.

For 2022, another 15 launches will involve 3,505 keys, while 13 openings with 3,095 rooms are planned for 2023. Another 18 hotel programs and 4,587 keys are already in the pipeline for 2024 and beyond.

Of the 59 hotels we track in Scandinavia, the vast majority (47) will be in the four-star category, with the remainder (12) all in the five-star segment.

Most active countries for hotel development

Denmark tops our country-by-country list, with 17 openings and 4,436 rooms on the charts. Ten of these projects – and 2,637 rooms – have been booked in Copenhagen alone, making the Danish capital the region’s most active urban growth market.

Finland follows with 14 properties and 4,209 rooms – its capital Helsinki has eight projects and 2,116 keys underway, while Espoo can expect to have three new hotels with 1,270 rooms. And Sweden wraps up our preview with 13 projects and 2,993 keys set to open soon.

The three main hotel brands are expanding in Scandinavia

Scandic Hotels is planning ten openings with 3,240 keys, making it by far the fastest growing hotel brand in the region.

Far behind, Clarion Hotels by Nordic Choice takes second place with four planned openings, which will expand its footprint to 1,524 rooms. And finally, hip brand 25hours Hotels has three properties with 614 keys on the horizon.

Notable upcoming hotel openings in Scandinavia

The first program we have decided to put forward is to be completed by the end of this year. Lapland Hotels Arena, a 273-key property in Tampere, Finland, will be directly connected to the country’s largest mixed-use area. In addition to its modern and warm rooms, the hotel will offer a 350-seat restaurant, a bar and a small shop filled with travel products.

A few months later, in early 2022, Ibis Styles Ørestad will open on the outskirts of Copenhagen. This 183-room hotel will be part of the mixed Nest45 project, which will also house offices. Developer Skanska commissioned architect Holscher Nordberg to create a modern mixed-use space just a short drive from the city’s airport and downtown.

The Clarion Hotel Draken Gothenburg will follow a bit later – Q3 2023 to be precise. This 452-key project will occupy a 33-storey tower near the city center and the main train station. Aimed primarily at conference and event guests, the hotel will have spacious meeting and ballrooms, as well as multiple restaurants and a gym.