Scandic inks deal for two hotels in Helsinki arena development

Scandic Hotels has signed a long-term lease agreement with landlord Projekti GH Oy for two hotels with a total of 459 rooms in Garden Helsinki, a multi-functional event arena in Helsinki, Finland.

The agreement includes one Scandic Go hotel with 232 rooms and a 227-room Scandic hotel that are expected to open in 2028.

When the two hotels open, Scandic will be the exclusive hotel operator at Garden Helsinki, which is currently one of Finland's largest urban development projects.

The arena will become a destination for sports, entertainment, restaurants, office space and apartments and is around two kilometers from the heart of the Finnish capital.

What they said

Jens Mathiesen, CEO of Scandic Hotels, said: "We have a high level of activity at Scandic and we’re continuing to strengthen our position in attractive key destinations where we see great potential. The Helsinki region is expected to generate about 5 million hotel nights from 2026, which is why establishing these two hotels is an important milestone in our growth strategy. It’s also exciting to present our first Scandic Go, Scandic’s brand in the fast-growing economy segment, in the Finnish market."

Timo Everi, chairman of the Projekti GH Oy, said: "Garden Helsinki’s vision is an ultimate customer experience. Understanding the event and travel industry as well as the customers of today is something that Scandic will contribute to this project and I’d like to take this opportunity to thank the Scandic team as well as the Finesco team for their great support and collaboration during the process"