Radisson Collection Strand Stockholm
Nordic Hotel Consulting advised property company Fastighets Måns Bock 6, owned by the Swedish Order of Freemasons, on the negotiations and renewal of the lease agreement for the Strand Hotel in Stockholm. Our client renewed the long-term lease with the hotel operator Rezidor Hotel Group (now Radisson Hospitality).
The 170-rooms hotel is located on the waterfront of Nybroviken, a small bay in the heart of Stockholm. The hotel property was built by Swedish Order of Freemasons in 1912, originally launched for the Olympics. Strand Stockholm has quickly established a reputation as a local hotspot beloved of the stars, such as Swedish actors Greta Garbo and Ingrid Bergman. In 2017-2018, the property underwent a complete renovation. In 2018, the hotel was rebranded from Radisson Blu Strand Hotel to Radisson Collection Strand Hotel.
Quotes from Press Release:
”We are proud to continue to operate the Radisson Blu Strand Hotel which is a landmark in Stockholm, and thank our partners for their ongoing trust in our group. The Strand is an essential element of our portfolio in Sweden’s capital city where we operate six Radisson Blu properties with 1,800 rooms. The renovation and extension will further enhance the service experience for our guests and strengthen the hotel’s prominent position on the market.”
Wolfgang M. Neumann, former President & CEO of Rezidor
”As owner of the Strand Hotel, once built by the Swedish Order of Freemasons, we look forward to this long term cooperation with Rezidor. We are proud that Rezidor has chosen the Strand as one of their flagships in Scandinavia. The extended lease agreement will also give our foundations a better financial strength to give grants to pediatric and geriatric medical research.”
Chairman Carl-Gustaf Pieh, Owner of the Strand Hotel
Read the full press release here.
Photos: Radisson Hotels, Agoda