Business
PNDX_B: Q3 delivered solid growth, boosted by acquisitions and robust hotel market trends
PNDX_B: Q3 delivered solid growth, boosted by acquisitions and robust hotel market trends
About this update from Pandox Ab Class B
Q3 saw 5% revenue and 3% net operating income growth year-over-year, with strong performance in both business segments and new acquisitions in London and Edinburgh at attractive yields. RevPAR growth is expected to continue into Q4 and 2025, though geopolitical risks remain a key uncertainty.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.