The Grand Group

The Grand Group consists of two of the most prominent Stockholm hotels: Grand Hôtel and the neighboring Lydmar Hotel, both with unique waterfront locations in central Stockholm.

  

Grand Hôtel opened in Stockholm in 1874 with a vision to be Scandinavia’s leading five star hotel, a vision that has become reality. As a full-service luxury hotel, it provides its guests with a grand experience through a high-quality product, an international atmosphere and passionate, genuine service in every interaction. It is home to Michelin-starred restaurants, a spectacular hotel bar and an award-winning spa, offering recreation of the highest standard. With the capacity to cater to all sizes of events, it is a natural location for smaller meetings as well as gala dinners and premieres.

In 2013, Grand Group acquired the neighboring Lydmar Hotel, a high-end boutique hotel, also uniquely situated overlooking the Royal Palace and the Old Town.

The Grand Group has been a strategic holding of Investor AB and Patricia Industries since 1968. The strategic direction is to improve and broaden the existing product offering and ensure operational excellence.

Click here for the Grand Hôtel's website

Click here for Lydmar Hotel's website

The Grand Group - Key facts

SEK m.

 2016

 2015

Sales

635

597

EBITDA (%)

8

7

Number of employees

360

360

Patricia Industries ownership (capital/votes): 100/100  |  Initial investment year: 1968

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