Azure Hires Scandic’s Frank Fiskers to Lead Investment Practice

Azure Properties, one of Europe’s leading hotel investment groups, announced that Frank Fiskers, currently president and CEO of Scandic Hotels, will join the company as a partner as of Sept. 1, 2010, to head up and rapidly develop its dedicated hotel real estate investment practice.

Fiskers, a Danish national, has been CEO of Scandic Hotels since 2007. Before that he held a number of senior executive positions with Rezidor and also Hilton.