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 31,600 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 |