41% of Pandox's portfolio
Domestic cities
Domestic demand is a key driver
No or limited international demand
Fewer commercial drivers
Greater dependence on the public sector
Mostly purpose-driven travel
Examples in Pandox's portfolio:
Leeds, Sheffield, Gothenburg, Jönköping, Örebro, Jyväskylä, Kuopio, Bergen, Bodø, Dortmund, Mönchengladbach and Wolfsburg.