HOTELNasdaq StockholmLodgingIFRS · SEK

Hotel Fast SSE

Hotel Fast SSE is a Swedish listed company based in Stockholm that has operated through hotel franchising and hotel property ownership. Its business has included franchise agreements, loyalty-program related hotel network activities, and operation of a hotel property in Lund, Sweden.

Operating profit (EBIT)-70.5m SEK
−268.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-100-50050100m SEK2021: 24 m SEK20212022: 28 m SEK2022: EBIT -19 m SEK20222023: 55 m SEK2023: EBIT 42 m SEK20232025: EBIT -71 m SEK2025-71
RevenueOperating profit (EBIT)

Business

Share of revenue
Franchise and brand services45 %

Franchise agreements, brand use, and related hotel network services.

Owned hotel operations35 %

Operation of the company’s hotel property in Lund, Sweden.

Hotel property ownership20 %

Ownership and management of hotel real estate assets.

Customers

The company’s customers have primarily been hotel operators and franchise partners that join its brand and booking network. It also serves guests through the operation of its owned hotel property, where demand is driven by leisure, business, and event travel. The franchise model depends on attracting hotel owners who value brand recognition, distribution, and loyalty-program support.

Franchise hotel owners

Independent hotel owners that buy brand affiliation, booking support, and loyalty-program access.

Hotel guests

Leisure and business travelers staying at the company-operated hotel property.

Network and loyalty users

Travelers who book through the hotel network and benefit from First Member-style loyalty features.

Strategy

The company’s stated direction has been to simplify the group and focus on hotel property ownership rather than a broader operating structure. That strategy is intended to reduce complexity and concentrate the business on development, management, and monetization of hotel assets. The franchise and operating businesses have been important because they provided brand reach, but they also required a wider operating footprint.

Focus on hotel property ownershipMedium term

A narrower structure can concentrate resources on real estate and asset management.

Improve financing flexibilityShort term

Hotel assets and operations are capital intensive and sensitive to funding conditions.

Geography

Hotel Fast SSE is headquartered in Stockholm, Sweden, and its disclosed operating footprint includes Sweden and Norway through its hotel and franchise activities. The company’s hotel operations have been centered on Lund in southern Sweden, while franchise and network activity has historically extended across the Nordic hotel market. Geography matters because hotel demand is local and seasonal, while franchise economics depend on the strength of the brand in each market.

Risks

The business is exposed to hotel-market cyclicality, seasonality, and changes in travel demand, which can quickly affect occupancy and franchise economics. Company-specific risks also include the ability to attract and retain franchise partners, dependence on brand strength and booking systems, and financing risk tied to a capital-intensive asset base.

Sorted by severity
Funding and refinancing riskHigh

The company has a capital-intensive structure and depends on access to financing.

Exposure: Group liquidity and property ownership

Loss of or weaker franchise partner recruitmentHigh

The company competes for hotel owners using brand reputation, network value, and contract terms.

Exposure: Franchise business

Macroeconomic slowdown and travel demand weaknessHigh

Lower economic activity reduces leisure and business travel and pressures hotel utilization.

Exposure: Hotel operations and franchise fees

Seasonality in hotel demandMedium

Hotel occupancy can fall sharply in low seasons after holiday or event-driven peaks.

Exposure: Owned hotel operations

Accounting

Judgemental items
Revenue recognition for franchise fees

Franchise income may depend on contract terms and underlying hotel turnover.

Impact: Can affect timing and comparability of reported revenue

Seasonality and interim comparability

Hotel demand varies materially by season and event calendar.

Impact: Quarterly results may not reflect full-year run-rate

Impairment and asset valuation

Hotel properties and related assets require judgment on recoverable value.

Impact: Can materially affect balance sheet carrying values

Going-concern assessment

Liquidity and financing assumptions are central to continued operations.

Impact: Affects disclosures and valuation of assets and liabilities

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Hotel Fast SSE (HOTEL) Revenue, Earnings & Financials 2023 – Clarifo