Pandox owns hotel properties which are leased to strong hotel operators. Pandox is active across the hotel value-chain and also operates hotels when appropriate. Since its foundation in 1995, Pandox has built a pan-European business platform and a property portfolio with a market value of approximately SEK 70 billion, which is more than 100 times larger than at the start.
Pandox as an investment
Investor Relations
Financial calendar
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March 13, 2025 10:00 CET
Publication Annual Report 2024
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April 03, 2025 10:00 CEST
Final day to register for AGM 2025
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April 09, 2025 09:00 CEST
Last day of trading including dividend
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Latest news
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February 06, 2025 07:00 CET | Regulatory
Pandox AB (publ) year-end report January–December 2024
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January 23, 2025 10:00 CET
Invitation to presentation of Pandox’s year-end report January–December 2024
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January 17, 2025 10:00 CET
Pandox signs new lease agreement for Hotel Hubert in Brussels
Latest interim report
Pandox AB (publ) year-end report January–December 2024
Go to the report archiveInvestors
Pandox as an investment

Annual Report 2023
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.
Read the annual reportKey ratios, 31 December 2024
Key ratios, 2024
Pandox’s business model is to actively own and lease hotel properties
Business modelInvestors
Strong position in a dynamic market
Pandox’s home market is a densely populated area that is home to nearly 200 million people. It extends from Harstad, in the north to Vienna in the south and is one of the world’s economically strongest and most dynamic regions. By combining different markets, types of demand and brands, Pandox can balance out fluctuations in individual markets. This increases resilience and reduces risk.
Learn more about our market