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.
Pan-European position
Pandox owns properties that hotel operators lease to operate hotels in. Pandox is fully specialised in hotel properties and has a strong pan-European position with 156 hotel properties in 90 cities in 15 countries, including some in the world’s largest hotel markets such as Germany and the UK.
High-quality portfolio
Pandox’s portfolio mainly contains large hotel properties with full-service hotels of high quality with strong locations in their submarkets. The majority of the hotels are in the mid-range, upper-mid range and premium segments with demand from many different types of guests.
World class network
Pandox’s property portfolio has a good mix of geographical markets, hotel operators, hotel brands and types of demand, which creates stability over the hotel business cycle. Pandox also has a world-class network and strong relationships with leading hotel operators and brands, which opens up many new business opportunities.
Expertise and active ownership
Pandox is an active owner with in-depth hotel knowledge and experience of all operating models that exist in the hotel market. The core model is revenue-based leases where a certain percentage of a hotel’s revenue becomes rental income for Pandox. Pandox may also operate hotels itself in properties owned by the Company. This provides more freedom and reduces risk.
| Key figures |
FY
2019
|
FY
2018 |
FY
2017 |
FY
2016 |
FY
2015 |
FY
2014 |
| Number of hotels |
156 |
144 |
143 |
120 |
121 |
104 |
| Number of rooms |
35,001 |
32,268 |
31,613 |
26,240 |
25,190 |
21,969 |
| Property market value, MSEK |
64,106 |
55,197 |
50,121 |
38,233 |
31,437 |
26,504 |