Hotel interior with bedroom, a bed and desk infront of a blue wall

Our business

Leases

Leases are the core of our business. Our long-term leases are revenue-based, with good guaranteed minimum levels, shared risk and stable earnings.

Own Operations

Within the Own Operations segment we operate hotels in properties that we own. This is an important aspect of our active ownership model. It provides us with valuable flexibility for acquiring and repositioning hotel properties with the aim of creating value through new leases or realising value through divestment.

Share of Pandox total (2024)

Market value

79%

21%

Number of hotels

86%

14%

Net operating income

80%

20%

A crucial strategy for Pandox involves acquiring hotels that are not performing well and enhancing their value through strategic investments, repositioning, and improving operational efficiency.

Learn about keys to value creation

Rent income per country, Leases (2024), MSEK

942

920

895

307

245

240

230

Revenue per country, Own Operations (2024)

1202

1018

758

Strong position in domestic markets

Pandox's portfolio spans 90 cities across 11 countries, showcasing a strong diversification. A significant portion of the hotels, about 80%, are located in domestic and regional cities, primarily catering to local demand.

Our markets

Our business

Leases

Own Operations

Share of Pandox total (2024)

Strong position in domestic markets

Investor Relations

Sustainability

Partnerships