A leading owner of hotel properties

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Latest interim report

Pandox AB (publ) interim report January–September 2024

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Latest news

November 19, 2024 10:15 CET
Pandox Hotel Market Day 2024: A New Dawn - The European Hotel Market in a Changing World
November 19, 2024 08:00 CET
Pandox enters into an agreement to acquire Radisson Blu Hotel Tromsø
October 24, 2024 07:00 CEST | Regulatory
Pandox AB (publ) interim report January–September 2024

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Pandox enters into an agreement to acquire Radisson Blu Hotel Tromsø

The hotel has 269 rooms with a strong central location in the city. The hotel is leased to Radisson Blu under a revenue-based lease agreement with a minimum guaranteed level and is performing well. The total transaction value amounts to approximately MNOK 750

Hotel Market Day 2024

Pandox held its annual Hotel Market Day on 19 November 2024 at the Hilton Stockholm Slussen. The theme was ‘A New Dawn - Hotels in a Changing World’

Annual Report 2023: A fast-paced year

2023 was a good year for Pandox, with strong net operating income and strong business momentum. Total revenues and total net operating income increased by 21 percent and 13 percent, respectively, compared to 2022, driven by higher revenue-based rents in the Leases business segment and good growth in the Own Operations business segment. We ended the year strong and our outlook is positive.

About Pandox

Active owner with deep hotel knowledge

A property company focused solely on hotels

We are an active and engaged owner that since inception in 1995 has created one of the largest hotel property portfolios in Europe.

Success factors

We are an active and engaged owner that aims to maximise the value of each individual hotel
property. We do this by creating attractive and sustainable hotel products and hotel properties
based on each property’s unique characteristics.

Two business segments working together

Pandox has two business segments, partly Leases where Pandox owns and leases hotel properties, and Own Operations where Pandox also runs hotel operations.

Sustainability

Sustainability strategy with a business focus

Pandox's most important contribution to more sustainable development lies in the creation of profitable green properties and green agreements with hotel operators. The aim is to create resource-efficient properties and operations that reduce Pandox's climate footprint while the company grows.

Careers

Pandox spirit

At Pandox, we value employees who feel confident, take initiative, and thrive in teamwork. Our lean, entrepreneurial organization relies on everyone’s contribution. Our playful company symbol, Pepper the dog, reminds us to enjoy our work and not take ourselves too seriously.