Pandox

Pandox owns, develops and leases out hotel properties to skilled hotel operators. We are an active and engaged owner that since inception in 1995 has created one of the largest hotel property portfolios in Europe. The portfolio consists of 161 hotels operated in several different ways and under a large range of brands. We have a geographically diversified presence with hotel properties in more than 90 cities.

Our Pandogs wish you all a fun, relaxing holiday break and an exciting New Year ahead! 🎄 🎄 🎄 🐶

It has now been a month since we hosted the 29th consecutive Hotel Market Day 2024.   We are pleased to present a series of short videos highlighting the key takeaways and insights from this event.   Visit our website to access the videos and revisit the best moments. https://lnkd.in/d4cy6_SP

We are happy to announce that we have appointed Mikael Hultqvist as new SVP Property Management, with overall responsibility for property management and property development. Mikael Hultqvist has extensive and solid experience from senior roles within the construction and real estate sectors. Most recently, he held the position as CEO of Serneke Sverige and prior to that, he spent 14 years at Peab in various management positions. “I am very pleased that we have recruited Mikael to Pandox. Profitable property management and property development are central parts of our business, and with Mikael's expertise, we can take further steps. Mikael combines deep technical and commercial knowledge with strong leadership skills and has a personality that fits very well into our organisation,” says Liia Nõu, CEO of Pandox. Mikael will join Pandox's group management team and will start his position no later than June 2025.

🌍 Pandox named one of the world's 500 best companies in sustainable growth 🌟 We are thrilled to share that Pandox has been recognized by TIME and Statista as one of the world's leading companies in sustainable growth. Out of 500 global companies, we are one of only 16 Swedish companies honored—and the sole representative from the Swedish real estate sector. The evaluation considered key factors such as revenue growth, profitability, and sustainability metrics like carbon emissions (Scope 1, 2, and 3), water usage, waste reduction, and reliance on green energy. As Caroline Tivéus, our SVP of Sustainable Business, puts it: "Reducing carbon emissions isn't just good for the planet—it’s smart business and a key to futureproofing. Over the years, we’ve launched two successful green investment programs, both delivering double-digit ROI. Our approved Science-Based Targets, introduced last year, now serve as our strategic north star. Building on this, we’ve launched a third green investment program to drive the climate transition in Scope 1 and 2 emissions within our operations and are actively developing a comprehensive plan for Scope 3." Read more here: https://lnkd.in/esms_43j

The former Mercure Frankfurt Airport, owned by Pandox since 2019, has recently undergone a significant transformation. Now operating under the Vienna House Easy by Wyndham brand, the hotel aims to strengthen its market position and attract a broader range of guests at one of Europe’s busiest airports. All 150 rooms and bathrooms have been fully renovated with updated interiors and modern furnishings. The hotel’s reception, restaurant, bar, conference facilities, and gym have also been refurbished, offering a fresh and functional environment. “This renovation is really a perfect example of how Pandox, together with the tenant, can create optimal value-add activities to enhance the hotel’s performance and position", says Martin Creydt, SVP Property Management International at Pandox.

A big thank you to our guests and speakers for making the Pandox Hotel Market Day 2024 something very special!   And an extra thank you to Victoria Hills for your impeccable moderation of the day.   In case you missed it, it possible to see the full Hotel Market Day 2024 on demand via this link: https://lnkd.in/dE8SBRMZ

The Pandox Hotel Market Day 2024 is live! Under the headline ‘A New Dawn - The European Hotel Market in a Changing World’, we bring together industry experts and decision makers to explore the future of the hotel industry in a time of great change. #PandoxHMD2024 #hospitality #change

Pandox enters into an agreement to acquire Radisson Blu Hotel Tromsø! “We are very happy to acquire Radisson Blu Hotel Tromsø. Northern Norway is an exciting region and Tromsø is one of the strongest hotel markets in the Nordics with a high attractiveness among international visitors. The hotel has a very strong location in central Tromsø and attracts all guest segments. The hotel is today performing very well, and we complete the acquisition at a high yield. At the same time, we see large potential, through targeted investments, to create one of northern Scandinavia’s leading full-service hotels for leisure-, business- and group travelers”, says Liia Nõu, CEO of Pandox. 👉  The hotel is in good condition with a strong position in the market with good occupancy and averages rate 👉  To maximize the long-term value, Pandox and Radisson Hotel Group plans to jointly renovate rooms, bathrooms, public areas, and technical installations in the medium term 👉  After completed investments, the hotel is expected to generate a stabilised yield of approximately 8 percent

We are happy to be named one of Sweden's best corporate websites! The website is the hub of our digital presence and it is important to us that it is user-friendly, clear and reflects our business model, culture and strategic position.