11.2.2014

CapMan invests in Kämp Group – the leading luxury and lifestyle hotel chain in Finland

Funds managed by CapMan have made an agreement to acquire a majority holding in Kämp Group, a Finnish hotel chain known for the distinguished Hotel Kämp, located in the Helsinki city centre, and the modern lifestyle hotel chain GLO Hotels. The objective of the transaction is to expand the group’s operations and further strengthen its position as the leading luxury and lifestyle hotel chain in Finland.
Hotel Kämp and GLO Hotels are market leaders in their own segments in Finland. Established in 1887, the internationally renowned Hotel Kämp is today a five-star luxury hotel with a unique market position in Finland, and an important landmark in the Helsinki city centre. GLO Hotels in turn is the only lifestyle hotel chain in the country, with four popular hotels located in the centre of Helsinki, at the Helsinki Airport and in the Sello shopping centre in Espoo. In addition to hotels, Kämp Group includes four restaurants and Kämp Spa. The Group employs around 400 people and its targeted turnover for 2014 is around EUR 45 million.
”The outlook for hotel business is excellent in the Helsinki metropolitan region, as both business and leisure travel are on the rise. We plan to increase the number of hotels and focus on international sales, high service standards and top quality. The current owner of the Kämp Group, Berling Capital Oy – co-owned by Esa Karppinen, his wife and three children – will remain an important minority owner of the Group. We are happy about the opportunity to further develop this legendary institution in Helsinki,” says Ari Tolppanen, Senior Partner at CapMan Buyout, responsible for the investment.
“We are very glad that this hotel group built with true appreciation for its history will gain more operational scale through this transaction. Great staff and our own strong hotel brands Kämp and GLO provide an excellent platform for successful operations in the future,” adds Esa Karppinen, Chairman of the Board at Berling Capital Oy.

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2.4.2014

Pro Congress 2014 Award

The Pro Congress 2014 award to Tampere University. In picture professor Elise Kosunen in the middle. From left Ms Ella Näsi Tampere Convention Bureau, Ms Erika Eischer Tampere Hall, Mr Jaakko Lehtonen Finnish Tourist Board and Ms Leena Sipilä Finland Convention Bureau.

Elise Kosunen, professor of medicine at Tampere University.

The Pro Congress 2014 award. The expert jury justified the decision by Kosunen’s contribution to the 18th Nordic Congress of General Practice, where she was the chairwoman of the organising committee. The congress was very successful; it attracted almost 1,200 attendees to Tampere Hall. It was the largest academic congress in Tampere last year. Kosunen also has solid expertise in organising significant conferences in her field and in active international operations.

 

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7.3.2014

Tourism income increases by 63%

Finland successfully increases congress tourism income to €117 million a year.

The Finland Convention Bureau (FCB) monitors the experiences of people attending international conferences in Finland every three years. This has been implemented in co-operation with Taloustutkimus since 1986. In 2013, a total of 662 international conferences took place in Finland, garnering a combined total of 71,761 attendees. This was the best year ever in terms of the number of conferences held. The average number of attendees to a congress was 108.

According to the “Delegaattitutkimus 2013″ survey, implemented in co-operation with Taloustutkimus, each conference attendee spent €356 per day, including trips. In total, congress tourism provided Finland with €117 million in 2013. In the previous survey (2010), this figure was €72 million. This marks an increase of 63%.

The Helsinki region is the location for more than half of international congresses in Finland, but major events also take place all year round in all of Finland’s largest towns. The ski resort of Levi was a surprise last year: its number of attendees was close to those of the big towns.

Top 10 congress cities in Finland:

Helsinki                 288

Espoo                       94

Tampere                  74

Turku                       68

Jyväskylä                 48

Oulu                          30

Vaasa                        16

Joensuu                    13

Lahti                         10

Maarianhamina      6

Rovaniemi                6

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