Pandox's portfolio spans 90 cities across 11 countries, showcasing a strong diversification. A significant portion of the hotels, about 80%, are located in domestic and regional cities, primarily catering to local demand.
Our markets![Hotel interior with bedroom, a bed and desk infront of a blue wall](/images/4f0d86fc-ff41-4187-86af-83d6702f31c0/dt/Our_Buisness_DarkOverlay_Hero.jpg)
Our business
Share of Pandox total (2023)
Market value
83%
17%
Net sales
54%
46%
Net operating income
82%
18%
A crucial strategy for Pandox involves acquiring hotels that are not performing well and enhancing their value through strategic investments, repositioning, and improving operational efficiency.
Learn about keys to value creationRent income per country, Leases (2023), MSEK
967
851
795
306
246
227
73
235
Revenue per country, Own Operations (2022)
1,181
728
637
406
87
48
40
Strong position in domestic markets
![Scandic Helsinki](/images/505a383c-d0dd-4cce-88db-ff6c490fd535/sp-l/Scandic_helsinki.jpg)