Domestic demand is a key driver
No or limited international demand
Fewer commercial drivers
Greater dependence on the public sector
Mostly purpose-driven travel
Examples in Pandox's portfolio:
Leeds, Sheffield, Gothenburg, Jönköping, Örebro, Jyväskylä, Kuopio, Bergen, Bodø, Dortmund, Mönchengladbach and Wolfsburg.
Strong position
in domestic markets
Pandox has a well-diversified portfolio with a presence in 90 cities in 11 countries. The portfolio has the most exposure – around 80 percent measured in number of rooms – to domestic and regional cities with mainly domestic demand.
40% of Pandox's portfolio
Domestic cities
40% of Pandox's portfolio
Regional cities
Growing destinations that are “on the way up”
Demand is mainly regional and domestic
Elements of international demand
Various drivers of demand
Demand from many different guest segments
Examples in Pandox's portfolio:
Hamburg, Munich, Cologne, Frankfurt, The Hague, Copenhagen, Stockholm, Oslo, Helsinki, Manchester, Birmingham and Basel.
