Pandox has had rapid business development since its start in 1995. The success factors are a combination of the Company’s expertise and experience, as well as a strategy that implies active ownership and committed industrial owners.
Short and rapid decision-making paths
Pandox’ shareholders and Board of Directors possess industrial expertise in hotel operations, properties and business development. Their experience creates confidence, and is utilised by being organised and taking rapid decisions within, for example, different acquisition questions. This is a competitive advantage in a significantly slower surrounding world.
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Flexible business model
Depending on the local conditions, Pandox can choose between four operational strategies; through leases with professional operators where Pandox remains as a strategic partner; management agreements where a partner runs the daily operations on behalf of Pandox; by managing one’s own operations within the framework of a franchise agreement with a well-known brand; or through independent distribution channels. The business model provides excellent opportunities to create a situation-adapted strategy of “asset by asset”.
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Expertise and network
Pandox’ management team has extensive experience of hotel and capital markets. The Company’s specialist expertise embraces hotel markets, hotel operations, properties, finance and business development.
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Well-defined and consistent strategy
Pandox has a well-defined strategy within geography, types of hotel and yield requirements that have been consistently observed since the Company was formed.
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Portfolio of the highest quality
The hotels are located in international hotel markets such as London, Brussels, Berlin, Stockholm, Copenhagen and Montreal, as well as cities with a high proportion of domestic demand, which in turn creates a balance in revenues. All hotels have strong natural positions with an average size of around 210 rooms, which limits risks and provides strong conditions for efficient operations. The hotels are large, thus providing a critical volume, and they are marketed by the sector’s most well-known brand names. The agreements structure, with a combination of leases, management agreements and own operations, provides good potential with a limited risk.
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Acquisition strategy
Pandox primarily acquires hotels with a potential that can be brought out through active measures and where the Company’s areas of expertise can be utilised.
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Corporate culture – Pandox Spirit
Pandox has established an informal leadership style where a high level of expertise is combined with low bureaucracy and effective monitoring methods. Keywords are inspiration, simplicity, rapidity, expertise and visible leadership. The corporate culture is also characterised by considerable development opportunities, individual freedom, creativity, passion, and having a good time together. The objective is to develop ourselves and our company every day. We call this Pandox Spirit.
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Choice of countries and locations
Pandox is established in major hotel markets that have good potential and stable demand.
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Strategic alliances
Pandox seeks strategic alliances with brand names that are interested in forming a partnership that creates benefits for both parties.