Jan

Stockholm Has Too Many Hotel Rooms and It’s Hurting Share Prices

Scandic warns of lower earnings from Swedish operations
Hotel stocks slump as oversupply echoes housing market glut

It’s not just Stockholm’s housing market that is feeling the weight of a surge in supply. Profitability among hotels is also under pressure as demand fails to fill a raft of new rooms in the Swedish capital…

Categories : Real Estate

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Stockholm Has Too Many Hotel Rooms and It’s Hurting Share Prices

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