Pandox Ab Class B · OMXSTO:PNDX_B

Pandox Ab Class B — STR — Conference Presentation (October 2022)

21 slides from Pandox Ab Class B's conference presentation, October 2022

  1. Slide 1: European performance update – October 2022

    European performance update – October 2022 Robin Rossmann – Managing Director, STR All information is provided “as is” and only as of the date referenced and may change. While the information is believed to be accurate, neither CoStar Group nor STR guarantees that it is free from error, omission or

  2. Slide 2: Agenda

    Agenda Leisure fades, Business saves? ADR Rollercoaster ADR drive profitability rebound Source: STR. 2021 © 2021 CoStar Group 2

  3. Slide 3: Leisure fades, Business saves?

    Leisure fades, Business saves? Source: STR. 2021 © 2021 CoStar Group 3

  4. Slide 4: European country occupancy holding steady at 60-80% of 2019 levels

    European country occupancy holding steady at 60-80% of 2019 levels Rolling 7 days Occupancy (Total Room Inventory) indexed to 2019, 2021 Belgium France Germany Italy Netherlands Poland Portugal Russia Spain Turkey United Kingdom 160 140 120 100 60-80% 80 60 40 20 0 January February March April May J

  5. Slide 5: UK, Russia, Poland, Germany and Turkey indexing 70-85%

    UK, Russia, Poland, Germany and Turkey indexing 70-85% Rolling 7 days Occupancy (Total Room Inventory) indexed to 2019, 2021 Germany Poland Russia Turkey United Kingdom 160 140 120 100 70-85% 80 60 40 20 0 January February March April May June July August September October Source: STR. 2021 © 2021 C

  6. Slide 6: Portugal, Spain, Belgium, Netherlands, France, Italy back in the 50's

    Portugal, Spain, Belgium, Netherlands, France, Italy back in the 50’s Rolling 7 days Occupancy (Total Room Inventory) indexed to 2019, 2021 Belgium France Italy Netherlands Portugal Spain 120 100 80 50-60% 60 40 20 0 January February March April May June July August September October Source: STR. 20

  7. Slide 7: Business on the books is stable/improving into November

    Business on the books is stable/improving into November Occupancy on the books next 28 days aggregate as at 10-May as at 07-Jun as at 5-Jul as at 16-Aug As at 23-Aug As at 30-Aug As at 6-Sep As at 13-Sep As at 20-Sep As at 27-Sep As at 04-Oct As at 11-Oct As at 18-Oct 50% 45% 40% 35% 30% 25% 20% 15%

  8. Slide 8: European cities have had a dire year YTD…. however,

    European cities have had a dire year YTD…. however, European major markets, Occupancy (TRI), September YTD 2021 19 Helsinki 43 St. Petersburg Edinburgh 37 29 Copenhagen 56 Moscow Amsterdam 27 Warsaw 21 London 31 29 Berlin Brussels 18 16 Prague 45 Kiev Zurich Vienna 27 20 Paris 21 17 Budapest 31 Buch

  9. Slide 9: … even cities are achieving decent occupancies in September…

    … even cities are achieving decent occupancies in September… European major markets, Occupancy (TRI), September 2021 30 Helsinki 50 St. Petersburg Edinburgh 69 58 Copenhagen 69 Moscow Amsterdam 56 Warsaw 43 London 58 61 Berlin Brussels 35 38 Prague 67 Kiev Zurich Vienna 55 47 Paris 51 40 Budapest 59

  10. Slide 10: … open hotels are indexing 50-80% of 2019 occupancies

    … open hotels are indexing 50-80% of 2019 occupancies European major markets, Occupancy (TRI) indexed to 2019, September 2021 38 Helsinki 63 St. Petersburg Edinburgh 76 67 Copenhagen 82 Moscow Amsterdam 68 Warsaw 49 London 68 69 Berlin Brussels 46 45 Prague 98 Kiev Zurich Vienna 68 57 Paris 62 45 Bu

  11. Slide 11: .. and BoB is building, can we get back, yes we can!

    .. and BoB is building, can we get back, yes we can! Occupancy on the books next 28 days aggregate as at 10-May as at 07-Jun as at 5-Jul as at 16-Aug As at 23-Aug As at 30-Aug As at 6-Sep As at 13-Sep As at 20-Sep As at 27-Sep As at 04-Oct As at 11-Oct As at 18-Oct 50% 45% 40% 35% 30% 25% 20% 15% 10

  12. Slide 12: ADR rollercoaster

    ADR rollercoaster Source: STR. 2021 © 2021 CoStar Group 12

  13. Slide 13: European rates recover ahead of occupancy

    European rates recover ahead of occupancy Countries with highest ADR index, Occupancy (TRI) and ADR (EUR, CC) indexed to 2019, Aug 2021 200 Occupancy Index ADR Index 180 160 140 120 100 80 60 40 20 0 Source: STR. 2021 © CoStar Realty Information, Inc.

  14. Slide 14: ….this continued for many in Sept, but the comparable gets stronger

    ….this continued for many in Sept, but the comparable gets stronger Countries with highest ADR index, Occupancy (TRI) and ADR (EUR, CC) indexed to 2019, Sep 2021 140 Occupancy Index ADR Index 120 100 80 60 40 20 0 Source: STR. 2021 © CoStar Realty Information, Inc.

  15. Slide 15: September indexed ADR has dropped off as comps get harder

    September indexed ADR has dropped off as comps get harder Rolling 28 days ADR indexed to 2019 Belgium France Germany Italy Netherlands Poland Portugal Russia Spain United Kingdom 130 120 110 100 70-110% 90 80 70 60 50 40 January February March April May June July August September October Source: STR

  16. Slide 16: UK & Russia most stable, Portugal and Italy still indexing ahead 2019

    UK & Russia most stable, Portugal and Italy still indexing ahead 2019 Rolling 28 days ADR indexed to 2019 Italy Portugal Russia United Kingdom 130 120 110 95-110% 100 90 80 70 60 50 40 January February March April May June July August September October Source: STR. 2021 © 2021 CoStar Group 1616

  17. Slide 17: The rest have ADR's indexing below 2019 as Q4 comps get harder

    The rest have ADR’s indexing below 2019 as Q4 comps get harder Rolling 28 days ADR indexed to 2019 Belgium France Germany Netherlands Poland Spain 130 120 110 100 90 70-90% 80 70 60 50 40 January February March April May June July August September October Source: STR. 2021 © 2021 CoStar Group 1717

  18. Slide 18: ADR recovery drives profitability rebound

    ADR recovery drives profitability rebound Source: STR. 2021 © 2021 CoStar Group 18

  19. Slide 19: Europe takes the lead while Asia Pacific falls back

    Europe takes the lead while Asia Pacific falls back Continents, 2021 GOPPAR indexed to 2019, Aug 2021 YTD, Constant Currency Source: STR. 2021 © 2021 CoStar Group 1919

  20. Slide 20: … even gateway cities are returning to profitablity

    … even gateway cities are returning to profitablity Top European markets, GOP margin, August 2021 YTD, Constant Currency Source: STR. 2021 © 2021 CoStar Group 2020

  21. Slide 21: Thank you!

    Thank you! Robin Rossmann Managing Director, STR www.str.com Source: 2021 STR, LLC / STR Global, Ltd. trading as "STR". © CoStar Realty Information, Inc. Any reprint, use or republication of all or a part of this presentation without the prior written approval of STR is strictly prohibited. Any such

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