• Scandic Hotels Group signed a long-term, revenue-based lease with Corem Property Group for a new hotel in Stockholm’s Globen area.
• An existing office building at Arenavägen 7 will be converted into a 320-room hotel, scheduled to open in 2028.
• Plans include spacious family rooms, with about 40 larger rooms and suites on the top floor.
• The property will offer meeting facilities, wellness amenities and event spaces near major sports and entertainment venues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandic Hotels Group AB published the original content used to generate this news brief via Cision (Ref. ID: 202611030300BITN____UKPR__SV_20261102-BIT-3128-0) on November 03, 2026, and is solely responsible for the information contained therein.