On page 3, in Pandox’s year-end report for January-December 2018, bar charts with external market data for RevPAR growth for Finland and Helsinki are incorrect. Correcting RevPAR growth for Finland and Helsinki to 7 and 9 percent respectively. A corrected version of the interim report is attached to this press release.
FOR MORE INFORMATION, PLEASE CONTACT:
Anders Berg, Head of Communications and IR, +46 (0) 760 95 19 40
The information was submitted for publication at 17:00 CEST on 14 February 2019.
Pandox is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio currently comprises 144 hotels with approximately 32,300 hotel rooms in 15 countries. Pandox’s business is organised into Property management, which comprises hotel properties leased on a long-term basis to market leading regional hotel operators and leading international hotel operators, and Operator activities, which comprises hotel operations executed by Pandox in its owner-occupied hotel properties. Pandox was founded in 1995 and the company’s B shares are listed on Nasdaq Stockholm. www.pandox.se