Pandox AB (Publ) to take over Quality Hotel Prince Philip in Skärholmen, Stockholm

Pandox AB (STO:PNDXB) said it has entered into an agreement with Nordic Choice Hotels to take over operations at Quality Hotel Prince Philip in Skärholmen, Stockholm, a hotel property already owned by Pandox.

“When our partner Nordic Choice Hotels decided to not extend the lease agreement for the property, it was a natural step for Pandox to also assume the role of operator,” said Erik Hvesser, Vice President, Area Manager Sweden & Finland at Pandox.

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 104 hotels with approximately 22,000 hotel rooms across eight countries.