CIC is a fast-growing independent owner and operator of price friendly hotels in the Nordics, operating both own hotels as well as externally owned hotels on behalf of real estate owners or other hotel chains. With a focus on best-in-class cost management and innovative solutions, the Company offers accommodation in cities and locations with limited accommodation alternatives. The hotels are typically located in areas where tourism is not the primary driver for demand, but rather where hospitals, defense, larger construction projects or other commercial activity generates customer nights.