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Property Management

Property Management is a key component of Pandox’s operations and involves long revenue-based leases with good guaranteed rent levels and stable earnings. The hotel properties are leased to tenants who run the hotels under various brands. Investment properties' share of the market value of Pandox's total property portfolio amounts to approximately 80 percent.

                                                                                                                                  NH Collection Salzburg, renovated and upgraded in 2021

Revenue and net operating income
Revenue per country, Property Management (2021)
26%
25%
20%
9%
7%
4%
2%
7%

Key figures, MSEK20212020 
Revenue2,4222,399
Net operating income2,0272,018
Property market value52,21550,181
Average valuation yield, %5,445,44
Number of hotels137136 
Number of rooms29,46929,273

Read more about Pandox Investment properties

Operators and partners in Property Management

Largest partners

Partners, number of rooms
37%
15%
12%
6%
6%
5%
4%
4%
11%