Quality Hotel Alexandra — Photo by Scandic

On January 1, 2019, Scandic will take over the operations of Hotel Alexandra in central Molde, Norway. The property is currently owned by Pandox and the hotel will be Scandic's second hotel in the city.

The hotel has 165 hotel rooms and 14 meeting rooms with capacity for about 750 people. Following the transaction, Scandic will operate the two largest hotels in Molde, leading to potential synergies going forward.

Scandic and Pandox have enjoyed a well-functioning partnership for many years and today, Scandic Norway operates eight hotels at properties owned by Pandox. The hotel, which opened in 1885, was partially renovated between 2015 and 2016. Scandic and Pandox have agreed to renovate the rest of the hotel in the coming years, including hotel rooms, public spaces and technical installations in the building.

Molde is the regional capital of the Møre and Romsdal county and is located on the west coast of Norway. The city has a university with approximately 1,500 students and the region boasts first-class outdoor activities year round with its location near the sea, mountains and ski trails.

Hotel website