Liia Nõu

Chief Executive Officer, Pandox

Search every verified Liia Nõu interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Liia Nõu, CEO of Pandox, commented on the company’s second-quarter 2024 results in an interview with EFN, noting a 6% like-for-like increase in revenue and a 10% rise in cash earnings compared to the same period the previous year. She attributed the strong performance to a robust hotel market driven by leisure travel, stable business travel, and a full event calendar, citing specific impacts such as a Taylor Swift concert in Stockholm that contributed to a 15% revenue increase in May and the UEFA European Football Championship in Germany that boosted June revenues by over 19%. Nõu stated that Pandox is now open to acquisitions across multiple markets, with particular interest in the UK, Ireland, and the Nordics, and that the financing market has become more willing to support new projects. In a 2021 Hotel Market Day presentation, Nõu said that “the intrinsic value of Pandox has never been higher” and that the company’s business model “performs in good days and it protects in bad times.” She also remarked that the company expects “evolution rather than revolution” in the hotel sector.