05.09.2010

Helsinki’s hotels enjoy busiest summer for years

Overnight stays in Helsinki increased by 21.9% in July, which is the second fastest rate in Europe.

Helsinki’s hotels have enjoyed brisk business this summer. Overnight stays have grown at a fast rate, with July being a record month. A conference for anastheticians boosted hotel stays already in June and fans of the Irish band U2 filled all the rooms in the capital city area during a weekend of two concerts.

With overnight stays increasing by almost 20%, July was the best month in the 12 year history of the Scandic Hotels. This came as a surprise and was due to a surge in domestic demand for hotel accommodation, according Aarne Hallama, managing director for Scandic in Finland. Scandic has three Scandic hotels and two Hilton hotels in Helsinki. The S-Group, which has seven Sokos hotels and three Radisson Blu hotels in Helsinki, also reported clear growth in the volume of demand.

Helsinki’s hotels have also benefitted this summer from a more than 23% increase in hotel room prices in Sweden this summer. There are also strong pressures to increase hotel room prices in Finland, because they are currently still at the level from the year 2002. The price hike may come this autumn if the growth in demand continues.


Source: Kauppalehti