Pandox’s hotel property portfolio comprises 156 hotels with approximately 35,000 hotel rooms in 15 countries. Pandox’s business is organised into Property management, which includes 136 hotel properties leased on a long-term basis to market leading regional hotel operators and leading international hotel operators, and Operator activities, which includes hotel operations executed by Pandox in its 20 owner-occupied hotel properties.
Pandox for investors
Pandox’s strategy is to own large hotel properties in the upper-medium to high-end segment in strategic locations, leased to well-known tenants on a long-term basis.
High quality portfolio of premier hotel properties in strategic cities
Long leases with well-known hotel operators
Pandox’s tenant base consists of highly
reputable hotel operators with strong hotel
brands. The leases are mainly linked to the
hotel’s revenue and generally contain a
minimum guaranteed rent clause.
Revenue-based leases with guaranteed rent
Approximately 95 percent of Pandox's rental income is revenue based, meaning that we share the upside with our tenants on improving hotel market conditions, and more importantly, the upside from creating a better hotel product. In order to limit the potential risks, these agreements generally specify a minimum guaranteed rent.
Knowledgable and active owner
Pandox is an active owner and combines a large attractive portfolio with solid operational skills, thereby creating value and additional opportunities across the hotel value chain.