Diversity and gender equality

In spring 2024 Pandox conducted the Company’s second employee survey focused on diversity and inclusion. The results showed that 82 (87) percent of employees feel included in the workplace. The decline from the previous year can be explained partly by the fact that the number of respondents to the survey increased from 48 percent to 65 percent, and partly that awareness among the respondents has increased as a result of the year’s educational initiatives in this area, which is a common effect in the second year.

The action plan that was developed and started in 2023, based on Pandox’s diversity and inclusion strategy, continued to be rolled out during the year. In Own Operations, work on unconscious bias training continued among general managers and their employees at 17 hotels, in order to increase awareness of unconscious bias and how they can work specifically to prevent it from happening in the workplace. 64 percent of all employees in Own Operations completed the training. Colleagues at Pandox’s four newly acquired hotels, as well as new recruits, will receive training in 2025. Subsequently, 18 hotels began delivering training in inclusive leadership to general man[1]agers and their department heads. This will continue in 2025. In addition, inclusive recruitment efforts continued in order to secure access to the right skills and talents. Persons responsible for recruitment as well as department heads were trained at 15 hotels.

Gender distributions in senior roles

The total number of employees in 2024 was made up of 51 percent women and 49 percent men. The gender balance between women and men in senior management positions improved somewhat in 2024, with 45 (42) percent women 
compared with 55 (59) percent men.

The percentage of women in the executive management team was 30 percent, which is the same as in the previous year since no changes have taken place.