Pandox is a leading owner of hotel properties in Northern Europe with focus on sizeable hotels in key leisure and corporate destinations.

Pandox's business concept

Pandox’s business concept, which is based on expertise within hotel properties, hotel operations and business development, is to actively own, develop and lease hotel properties.

Two business segments

Pandox’s hotel property portfolio comprises 143 hotels with approximately 31,500 hotel rooms in 15 countries. Pandox’s business is organised into two segments: Property management, which comprises hotel properties leased on a long-term basis to market leading regional hotel operators and leading international operators, and Operator activities, which comprises hotel operations executed by Pandox in its owned hotel properties. The segments Property management and Operator activities are further divided into the five geographic areas: Sweden, Norway, Finland, Denmark, and International. The latter comprises Pandox's business in Belgium, Germany, Switzerland, Austria, the Netherlands and Canada.  

Pandox was founded in 1995 and the company's B shares are, as of 18 June, 2015, listed on Nasdaq Stockholm.

  

Key figures FY 2017 FY 2016 FY 2015 FY 2014
Number of hotels 143 120 121 104
Number of rooms 31,613 26,240 25,190 21,969
Property market value, MSEK 50,121 38,233 31,437 26,504