Pandox

Pandox AB
Company typePublicly traded
Nasdaq Stockholm: PNDX B
ISINSE0007100359
IndustryHotel property management
FoundersSecurum and Skanska
HeadquartersStockholm, Sweden
Area served
Europe
Key people
Liia Nõu, CEO
Services
  • Property Management
  • Hotel Operations
RevenueIncrease SEK 6.849 billion
Increase SEK 3,870 billion
Decrease SEK -0.580 billion
Total assetsDecrease SEK 73.208 billion
Total equityDecrease SEK 29.725 billion
Number of employees
1,442 (full-time equivalent)
Websitewww.pandox.se
Footnotes / references
Statistics from the 2023 annual report.[1]

Pandox AB is a hotel property company. The company engages in ownership and management of hotel property. Pandox leases its hotel properties to hotel operators or runs hotel operations in its own hotel properties.[2][3] Pandox owns 159 hotel properties, with a total of approximately 35,900 hotel rooms. The hotel properties are located in 12 countries.[1][4][5]

The largest markets calculated in terms of property value are, in decreasing order, Germany, Sweden, United Kingdom, Belgium and Finland. At the end of 2023, the hotel properties had a total market value of approximately SEK 69 billion.[1][6]

Pandox is listed on Nasdaq Stockholm. The largest owners in terms of number of votes are the Norwegian companies Eiendomsspar AS, Helene Sundt AS and Christian Sundt AS.[1][7][8][9]

  1. ^ a b c d "Annual Report 2023" (PDF). Pandox. 2024. Retrieved April 14, 2024.
  2. ^ Rob van Ginneken (2017). "Pandox—A Hotel Owner-Operator's Smorgasbord of Options". Hospitality & Tourism Cases. 1 (Pandox AB): 53–60. doi:10.4135/9781529716214. Retrieved October 9, 2022.
  3. ^ Cite error: The named reference Pandox: Rabatterad hotellfastighetsägare was invoked but never defined (see the help page).
  4. ^ "List of 3 hotel investors in Scandinavia". Research Germany. October 31, 2021. Retrieved September 5, 2022.
  5. ^ Katherine Doggrell (February 13, 2020). "Anders Nissen, CEO, Pandox named recipient of IHIF Lifetime Achievement Award". Hotel Management. Retrieved September 5, 2022.
  6. ^ "Årsredovisning 2023" (PDF) (in Swedish). Pandox. Retrieved March 22, 2024.
  7. ^ "Ownership". Pandox. Retrieved August 31, 2022.
  8. ^ "Trading of Pandox's Shares Initiated". Nordic Property News. June 18, 2015. Retrieved September 5, 2022.
  9. ^ "PNDX B". Nasdaq. Retrieved September 5, 2022.