Restel Oy Ltd. · Helsinki Finland
Company Description
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This link will open in a new window Restel business is based on the basic human needs of food and shelter. The company, which is Finland's largest hotel and restaurant owner, operates about 40 hotels and 240 restaurants throughout the country. Restel's hotels include such global brands as Crowne Plaza, Holiday Inn, and Ramada; it also runs smaller domestic hotels like Cumulus and Rantaspi. The company's restaurant, bar, and nightclub chains include Hemingway's, Lyhty, Nite Train, Onnen Päivät, and Parnell’s Irish Bar. Restel is a subsidiary of retail and hospitality group Cooperative Tradeka Corporation . To read the full description, subscribe now.
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Key Restel Oy Ltd. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $26.9 |
| Employees | 40 |
Restel Oy Ltd. Executives
5 executives listed for Restel Oy Ltd.'s Helsinki, location.
| Title | Name & Bio | Contact |
| President and CEO | Ralf Sandström | Network |
| Finance Director | Kenneth Rantala | Network |
| Director, Hotels | Jari Laine | Network |
Competition
Competitive Landscape for Restel Oy Ltd.
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Restel Oy Ltd. Competitors
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