“Our know-how of the Nordic hotel and real estate markets is unrivaled and we will now offer an even broader range of transaction services within the hotel segment, as well as operator selections and contract negotiations and advice on strategy and financing. We are excited about this new initiative, as we are seeing growing interest in Nordic hotel properties, both from traditional hotel investors and investors that are new to the segment,” says Bård Bjølgerud, partner and CEO of Pangea Property Partners.

Every month, Pangea Hotel will release a research publication giving an overview of the Nordic hotel market. The report includes statistics on hotel supply, demand and occupancy, transactions, performance of listed hotel companies, hotel market news, project pipeline as well as figures for the capital cities, including airport statistics.

The Pangea Hotel team combines existing Pangea partners Bård Bjølgerud, Erik Høvik and Thomas Andersson with new hires Victoria Tichit and Tobias Årfelt. Victoria Tichit has previous experience as a hotel real estate consultant with JLL Hotels & Hospitality in Paris. Tobias Årfelt was previously with the hotel advisor Annordia, where he was responsible for many hotel projects from feasibility to delivery.

“Pangea is the clear market leader within Nordic hotel real estate transactions, with a sustained market share around 50 percent. Our extended hotel team assists local Nordic and international clients based on thorough analysis, decades of experience, documented achievements and a unique network, both in the region and internationally,” says Bård Bjølgerud.