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# Scandic Hotels sets IPO price
- URL: https://hospitality.pro/scandic-hotels-sets-ipo-price/
- Published: 2015-12-03T07:06:10.000Z
- Updated: 2015-12-03T07:06:10.000Z
- Author: Holedo
- Tags: Hospitality Industry News, Earnings Dividends & Forecasts, News, #wordpress, #Import 2026-04-16 12:15

Nordic hotel chain Scandic Hotels has set the price for its initial public offering at 67 crowns per share giving it a market capitalization of 6.9 billion crowns (US$793 million) ahead of its debut yesterday, the company said in a statement.  
The price was set in the lower end of the initial price interval of 66 to 81 crowns, Reuters reported. Scandic Hotels will be listed on the Nasdaq Stockholm exchange.