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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Another record year for congresses in Finland

2017 saw more congresses organised in Finland than ever before. Last year totalled 791 congresses for international organisations with a record-breaking 111,188 guests, an increase of 22% from the previous year.

Most of the congresses were held in the Helsinki region. For 2017, the number of congresses in Helsinki increased by 28% and by 54% in Espoo. Tampere, Turku and Jyväskylä maintained their ranking among the top five cities to host congresses in terms of guests. Jyväskylä and Kuopio also showed a positive trend by hosting more congresses and guests than in previous years.

“This is the second year in a row that we’ve seen substantial growth for both the number of congresses and guests. The processes involved can be lengthy and international competition is fierce. Therefore these results are definitely a sign of long-term success with procurement”, says Mervi Toivonen from Business Finland’s Finland Convention Bureau.

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Messukeskus Helsinki started the hotel renovation – the objective is the best event hotel in Northern Europe

Messukeskus Helsinki, Expo and Convention Centre, will renovate its Holiday Inn hotel’s rooms and service concept in a year long project. The new concept will bring the fair program to be a part of the hotel guest’s service experience and will also revolutionize the restaurant world of the Messukeskus.

The hotel renovation that is starting now will cover the entire building, from hotel rooms to service points and from technology to interior design. At the same time the service concept will be tailor-made to meet the needs of clients participating in the Messukeskus events.

“1.2 million different kinds of visitors visit the Messukeskus every year; there is something happening in the halls and meeting rooms all the time. Our milieu is unique. In addition to business travellers, our revamped hotel will provide unique service particularly to families with children,” says Anni Vepsäläinen, Managing Director of the Messukeskus.

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Professor of neurology Hilkka Soininen is the first Kuopio ambassador

Hilkka Soininen, professor of neurology at the University of Eastern Finland and senior physician of neurology at Kuopio University Hospital, is Kuopio’s first congress ambassador. Soininen is active in international research and she represents gloriously the expertise of her area in the world.

The rewarder, Kuopio Convention Bureau, emphasizes Soininen’s activity in domestic and foreign research teams. She also actively invites both domestic and international congresses to Kuopio, promoting the growth of congress tourism in the region.
– Kuopio Ambassador selection highlights the importance of scientific congresses for the researcher, the organization she represents, the city of Kuopio, the entire region and the companies in the area, says Kirsi Vartiainen, Marketing Manager at Kuopio Convention Bureau.
– With the Kuopio Center for Neurology, Soininen has organized more than twenty international congresses focusing on neurological diseases research, continues Vartiainen.

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Symphony of Extremes, Born from Finnish DNA

Composer Eicca Toppinen is one of the most famous Finnish musicians in the world. His band Apocalyptica and their symphonic heavy metal music has been winning over hearts since 1993.

Composer Eicca Toppinen is one of the most famous Finnish musicians in the world. His band Apocalyptica and their symphonic heavy metal music has been winning over hearts since 1993. Eicca, who lives in the woods of Sipoo near Helsinki, finds different extremes and their combinations fascinating in his personal life as well.

Finland is a nation of extreme differences. Not only in our seasons and nature, but people as well. To celebrate Finland’s centennial, Visit Finland delved into our nation’s character more vocally than ever before by turning the Finnish genotype into music.

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