GROWTH THROUGH STRATEGIC ACQUISITIONS
SCANDIC HOTELS
146 to buy the right quantity , you have to spend the right amount of time on production , and you have to serve the right portions so that you really avoid leftovers . That ’ s what we ’ re aiming for .” In fact , Scandic Hotels Norway has signed a trade agreement with the agriculture and food department whereby the hotel chain has committed to cutting its food waste by 20 % by 2020 . So far , the Too Good To Go app has helped Scandic cut down on 70,000 meals worth of food waste , while overall through total initiatives at all hotels a 10 % reduction has been achieved , and 80 tonnes less food waste is created annually – this is equal to about 125,000 meals .
GROWTH THROUGH STRATEGIC ACQUISITIONS
In recent years , Scandic has made significant acquisitions in a bid to strengthen its position as the leading hotel chain in the Nordic region . The company acquired the Norwegian hotel chain Rica Hotels in 2014 , as well as Finland-based Restel in late 2017 in moves to drive Scandic forward . Malting believes the decision to purchase Rica , among other things , was key in allowing Scandic to revolutionise its breakfast . “ Rica Hotels were very famous for their breakfast so when we acquired them , we actually integrated Rica into Scandic , and looked very carefully at how they handle breakfast .
“ We took the best from Rica and the best from Scandic and we turned it into an award-winning
DECEMBER 2018