MENU In memory of Anders Nissen Pandox in brief Strategy and vision Hotelism by Pandox The Pandox Method Market Trends Market and agreement structure Lease and operating models RevPAR Market overview 2020 Organisation Working at Pandox History Hotel properties Our Business Sustainability Investor Relations Governance Media Hotel Market Day PROPERTY PORTAL SVENSKA STARTABOUT PANDOXMARKETTRENDS Strong long-term trends Pandox is active in a dynamic industry with several strong trends and drivers, such as increased pros-perity, a growing middle class and a blurred work-life boundary, combined with the possibilities offered by digitalisation. Covid-19 has negatively impacted demand in the hotel market due to the strong link between restrictions and travel. When the restrictions are eased travel will increase again. Growing middle class The global population is growing and so is the middle class – a factor that normally leads to increased travel. People are also living longer, which means they are looking for new experiences later in life as well. Domestic leisure travel will be a strong driver in the hotel market when restrictions are eased after Covid-19. Experiences are more important The new generation of consumers are often more interested in gathering experiences than material possessions. Typically, they are on the hunt for the best destination, the best accommodation and the best food menu. The hotel is no longer just a place to sleep, but part of a lifestyle. Covid-19 has without a doubt create a significant pent-up demand for experiences and travel. Digitalisation is making things easier Digitalisation is a trend that was further reinforced during the pandemic. Digitalisation has made the world smaller and blurred the lines between work and leisure. It has also accelerated the pace of change and made it easier to book both travel and accommoda-tion. One consequence of Covid-19 is that demand for digitalisation in the physical hotel environment is increasing. Shorter distances Most guests will arrive at their hotel by car, bus or train – a trend that strengthened due to Covid-19. Low cost flights – both short and long haul – are also a strong underlying driver for the hotel industry over the long term as they drive demand from more high-paying segments in the hotel market. Sustainability and values Demand for sustainable products and services is increasing as knowledge levels among consumers and in society increase. For consumers it is increasingly important for the services they purchase to match their own values. Covid-19 is a catalyst, especially in terms of reinforcing local ties. QUICK LINKS About Pandox Hotel properties Our business Investor relations Governance Media Sustainability Strategy and vision Pandox for investors Privacy policy CONTACT Pandox AB (publ) Vasagatan 11, level 9 101 20, Stockholm Sweden +46 8 506 205 50 info@pandox.se All contacts Pandox is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio comprises 156 hotels with approximately 35,000 hotel rooms in 15 countries. FOLLOW US