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History of Elite Hotels

It all began at the end of the 1950s when the Stockholm Student Union created an interesting business idea. The idea was to offer empty student rooms as hotel rooms during the summer and needless to say, it became a success. The organization was run as a foundation until 1980 when the business was transformed into a corporation, SSRS Holding AB, with Bicky Chakraborty at the helm.

Three years later, the prestigious Hotel Savoy in Malmö was acquired and the journey towards today’s quality profile begun. Since 1991, the organisation is run under the name, Elite Hotels of Sweden. Bicky Chakraborty is the sole owner.

Origins

Where it all began

Where it all began

The story of SSRS begins at the Stockholm Student Union. The objective to create an international centre for Swedish and international students came true when the student centre Forum was built. The centre was inaugurated by the then Minister of Education, Ingvar Carlsson, who also became Prime Minister. Bicky Chakraborty was the founder and initiator of the centre.

In 1980, SSRS Holding AB, was formed as a wholly owned subsidiary of SSSB. Three years later the company acquired historic Hotel Savoy in Malmö and the development of SSRS (Stockholm Student Reception Service) started).

DEVELOPMENT & CHANGE

DEVELOPMENT & CHANGE

By January 1985, the expansion required a different ownership structure. Bicky Chakraborty took over the ownership of SSRS from SSSB with two listed companies, AB Aritmos and Skrinet AB. Over the years the company's ownership changed several times and continued to be unstable until the end of 1998. Since January 1999, Bicky Chakraborty is the sole owner of SSRS Holding AB.

There was a time in Sweden when the tendency was to demolish the classic city hotels and replace them with modern hotels, inspired by American motels. The business idea to acquire and cultivate the tradition of a family-run city hotel/guest house is strongly anchored. With commitment and excellent financial understanding, the historic hotels have become profitable and this has subsequently offered opportunities to restore unique buildings with great care.

Current Operations

Current Operations

The company name (from April 1991) is Elite Hotels of Sweden AB. Elite Hotels is the largest privately owned hotel chain in Sweden with a total of 39 facilities in 25 cities, with 32 Elite Hotels in 19 cities and 7 Hotel Bishops Arms in 7 cities.

Milestones

1980 Stora Hotellet in Örebro, acquisition of enterprise
1982 Stockholm Plaza, acquisition of property
1983 Savoy in Malmö, acquisition of enterprise and property
1984 Stockholm Plaza opens; SSRS sells 50 % of the property
1984 Stora Hotellet in Örebro, acquisition of property
1984 Stadshotellet in Karlstad, acquisition of property
1985 Stadshotellet in Karlstad, acquisition of enterprise
1986 Restaurant Adlon, Helsingfors, sold 1991
1986 Grand Hotel in Norrköping, management contract
1986 Savoy Hotel expanded by 28 rooms through acquisition of neighbouring property
1987 Restaurant Aquavit, New York, sold 1991
1988 Stadshotellet in Västerås, acquisition of property and enterprise
1988 Grand Hotel Norrköping, acquisition of property
1989 Hotel Mollberg in Helsingborg, acquisition of enterprise
1990 Marina Plaza in Helsingborg opens – enterprise
1991 Nova Park Hotel in Huddinge, acquisition of enterprise and property, sold 1999

1994 Palace Hotel, acquisition of enterprise
1999 Elite Plaza in Gothenburg, opens – enterprise and 50 % of the property
1999 Hotel Residens in Malmö, acquisition of enterprise and property
2000 Strandbaden in Falkenberg, enterprise and property, sold 2011
2001 Stadshotellet in Växjö – acquisition of enterprise
2001 Stora Hotellet in Jönköping – acquisition of enterprise
2001 Stadshotellet in Luleå – acquisition of enterprise
2002 Elite Hotel Knaust in Sundsvall reopened – enterprise
2005 Elite Park Avenue Hotel in Gothenburg – enterprise
2008 Elite Park Hotel, Växjö – acquisition of enterprise
2008 Elite Hotel Arcadia in Stockholm reopened – enterprise
2008 Hotel Bishops Arms in Köping – acquisition of property
2010 Elite Hotel Marina Tower in Stockholm – enterprise
2010 Hotel Bishops Arms in Kristianstad – enterprise
2010 Elite Plaza Hotel in Malmö – enterprise
2011 Hotel Bishops Arms in Kiruna – enterprise

2011 Elite Eden Park Hotel in Stockholm – enterprise
2011 Elite Stora Hotellet in Linköping – acquisition of enterprise
2012 Elite Stadshotellet in Eskilstuna reopened – enterprise
2013 Elite Hotel Ideon in Lund – enterprise
2013 Elite Grand Hotel in Gävle – acquisition of enterprise and property
2013 Elite Plaza Hotel in Örnsköldsvik – enterprise
2014 Elite Hotel Adlon in Stockholm – acquisition of enterprise
2015 Hotel Bishops Arms in Piteå – enterprise
2016 Hotel Bishops Arms in Lund – acquisition of property
2016 Elite Hotel Mimer in Umeå – enterprise
2017 Elite Hotel Academia in Uppsala – enterprise
2017 Elite Hotel Carolina Tower in Stockholm – enterprise
2018 City Hotel Örebro – enterprise
2018 Elite Hotel Adlon in Malmö – enterprise
2018 Elite Hotel Adlon in Malmö – rörelse
2018 Hotel Bishops Arms in Strängnäs
2018 Hotel Bishops Arms in Mora