Scandic has signed a long-term lease agreement with property developer SRV for a new 144-room Scandic Go in Oulu, Finland. The hotel will be centrally located in northern Finland's larger city and is expected to open during the second half of 2025. The new Scandic Go will have a strategic location in downtown Oulu with direct access to the main square, the historic market hall and many popular restaurants and shops in the heart of the city.

Often referred to as the capital of northern Finland, Oulu is a hub for technology, science and education, appealing to domestic and international business travelers alike. The hotel market in the region is attractive and also draws leisure travelers interested in outdoor activities, festivals and cultural events during the summer months. More recently, tourism related to the Northern Lights and mountain activities has grown substantially, helping make the city a popular year-round destination.

The economy segment of the hotel industry has grown rapidly in recent years and it is expected to expand further, driven by changed travel behavior and new financial constraints among many travelers. Scandic Go attracts guests with its good price, welcoming design, smooth self-service and breakfast and hot meals around the clock. The property will be designed to target the requirements of LEED Platinum (Leadership in Energy and Environmental Design, the world's most widely used green building rating system).

The purpose of the certification is to provide an independent environmental assessment of the building for guests, society and other stakeholders. The certification system assesses several important sustainability aspects, such as biodiversity, water conservation, energy and resource efficiency and the ability of indoor spaces to provide good daylight, air and sound environments. The new hotel will also be certified by the Nordic Swan Ecolabel, the official ecolabel of the Nordic countries, after it opens.

The opening will strengthen Scandic's presence in the hotel market in Oulu, and after the opening of Scandic Go, the company will operate a total of three hotels with 565 rooms in the city.