FLYING ELEPHANT

A SUCCESSFUL BUSINESS INVESTOR, DEVELOPER AND MANAGER OF UNIQUE BRANDS

HUS

DEVELOPER OF SOME OF SCANDINAVIA’S MOST PROMINENT HOTEL PROPERTIES

HOST

SUCCESSFUL PROPERTY INVESTOR AND PROPRIETOR

TRIBE HOTELS

ONE OF SCANDINAVIA’S LARGEST AND MOST EFFICIENT HOTEL OPERATORS

FIRST HOTELS

«YOUR SECOND HOME IS FIRST» – ONE OF SCANDINAVIA’S LARGEST HOTEL CHAINS

Flying Elephant

STRATEGY:

Clear directions and goals through a phased approach

Flying Elephant is a business investor, developer and manager. The Group is aiming for a differentiated portfolio of unique brands that is manifested in the Group’s core capabilities.

Historically the Group has had a strong focus on the hotel industry, through the hotel operator Tribe Hotels, the hotel chain First Hotels, the property development company HUS and the real estate company HOST. The Group has over 20 years experience within the hotel industry, and represents strong capabilities within all these fields through these companies’ well-proven management, employees and business operating model and infrastructure.

The Group’s culture is manifested in the core values: JOY, CARE & INNOVATION

The Group has in recent years experienced a strong positive trend in profits, after going through a transformation with the focus of strengthening the business- and operating models of each company into both efficient and effective industry players within their fields. This has  proven the Group’s resilience and turnaround capability, and we now have a positive outlook for the future with new opportunities with strengthen solidity and liquidity.

The transformation has been a phased approach from stabilization and consolidation to a phase where we focus on growth through investing in our products, organization and new business development:

 

Stabilize and improve core business functions

Cut costs and secure positive cash-flow and liquidity

Implement efficient and effective operating model

Focused marketing, sales and distribution

 

Renovate and optimize hotel portfolio

Invest and develop around core skills

Profits through synergies and economies of scale