About Pandox

This is Pandox

A leading hotel property company

Pandox owns and leases out hotel properties to leading hotel operators. Pandox owns a total of 157 hotels with a combined 35,500 rooms in 15 countries. Pandox has an integrated business model and is active throughout the value chain with the goal of offering the most attractive platform for hotel operations.

Pandox in brief

About Pandox

Value creation through profitable and sustainable hotel operation

Long history

Pandox was founded in 1995 by Securum and Skanska with the mission to restructure a hotel portfolio and recover value.

Unique strategy

Pandox's strategy is to own and lease hotel properties to strong hotel operators and, when appropriate, operate hotels itself.

Dynamic market

Pandox’s home market is a densely populated area that is home to nearly 200 million people.

Key facts about Pandox*
Total revenue	MSEK 3,273
Total net operating income	MSEK 2,005
Chairman of the Board	Christian Ringnes
CEO	Liia Nõu
Number of hotels	156
Number of rooms	More than 35,000
Founded year	1995
Headquarters	Stockholm, Sweden

*Figures refers to 2021

Pandox spirit

Pandox is a fast-moving company with a strong culture and deep knowledge of hotels. Pandox offers a working environment where people create sustainable growth together.

Organisation and management

Pandox’s organisation is based on two business segments, Property Management and Operator Activities. There are also central group functions for economic administration, financing and communication as well as a revenue management centre.