Lapland Hotels Oy

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Lapland Hotels Oy - overview

Location

-, -, Finland

Primary Industry

Travel & Leisure

About

Lapland Hotels Oy operates in the hospitality sector, focusing on unique hotel accommodations and travel experiences throughout Finland, especially in the picturesque Lapland region, catering to both leisure and business travelers. Lapland Hotels Oy is a hospitality company providing a variety of hotel accommodations and travel experiences across Finland. The company is headquartered in Rovaniemi, Finland, and operates a network of hotels in major cities like Helsinki, Oulu, Tampere, and Kuopio, as well as in scenic Lapland. Lapland Hotels was founded by individuals committed to showcasing Finland's natural beauty through tourism.


The company has seen growth through its strategic focus on unique offerings in hotel experiences, especially tailored towards travelers interested in the Finnish wilderness. Lapland Hotels specializes in offering a diverse range of hospitality services, primarily centered on hotel accommodations and unique travel experiences throughout Finland. Their primary offerings include urban hotels located in major cities such as Helsinki, Oulu, Tampere, and Kuopio, along with various hotels and holiday apartments nestled in the stunning landscapes of Lapland, including ski resorts and national parks. The company caters to leisure and business travelers, providing options for relaxation, adventure, and fine dining.


Amenities include locally sourced culinary experiences, outdoor activities, and wellness services, enhancing the overall guest experience. The clientele encompasses domestic travelers, international tourists, and business clients seeking a blend of urban convenience and serene nature. Lapland Hotels targets markets beyond their local region, appealing to travelers from Europe, Asia, and North America, who are interested in authentic Finnish experiences. In 2023, Lapland Hotels reported a revenue of EUR 95.


42 mn with an EBITDA of EUR 5. 30 mn. Revenue is generated through direct bookings for overnight stays, dining services, and membership programs such as the Lapland Hotels Club. The company employs a transaction structure that includes direct-to-consumer sales via its online platform, where customers can book accommodations and access promotional deals.


They offer benefits for members of the Lapland Hotels Club, such as a EUR 10 restaurant voucher per night, enhancing customer loyalty. Accommodation pricing starts from EUR 102 per night in autumn and EUR 104 in summer, along with promotional offerings like the Lapventure pass, which rewards guests with free nights after a set number of stays. Lapland Hotels plans to expand its footprint by introducing several new products aimed at enhancing visitor experiences, focusing on sustainable tourism initiatives set to launch in 2024. The company intends to increase its market presence outside Finland, specifically targeting the European and Asian markets by 2025.


Recent funding will be utilized to support these initiatives, enhancing infrastructure and marketing efforts to attract new customers and retain loyal guests.


Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations

Website

www.laplandhotels.com

Total Amount Raised

Subscriber access only

Lapland Hotels Oy - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedHotel Luostotunturi Oy-

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