ANNUAL REPORT

RECORD YEAR FOR NORDIC CHOICE HOTELS

2018 was yet another great year for Nordic Choice Hotels. With strong organic growth and successful new openings, the company delivered its best ever operating results.

With five new hotels (including franchise) and 1.027 new rooms, we finished the year on a new high with operating revenues at NOK 10.88 billion, an increase of 9.6 percent compared with 2017.
In addition to great financial results, Nordic Choice Hotels was also honoured with the award as “Best Hotel Chain” in both Norway and Sweden at the Grand Travel Awards. And for the third time, the company was awarded “Best Hotel Chain” in the Nordic Countries.

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Key figures