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Pangea launches industry leading hotel team and new research

Press release   •   Aug 30, 2018 08:49 CEST

Pangea Property Partners launches a dedicated Nordic hotel team of transaction specialists, analysts and industry experts to strengthen its position as the leading advisor in the growing Nordic hotel property market. In addition, the team presents new research.

“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,” said 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.

You will, for instance, find the following:

  • How much have the Nordic hotel markets grown so far this year? 
  • Which Nordic country has the highest occupancy rate? And which capital city? 
  • What are the biggest Nordic hotel transactions this year? 
  • What is the trend of airport statistics and other hotel-market drivers? 
  • Which hotel shares outperformed and underperformed? 
  • Are occupancy rates forecast to increase or decline in the coming years? 

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,” added Mr. Bjølgerud.

If you are interested in keeping up with the Nordic hotel market, please see attached the first edition of the Pangea Hotel Monthly and sign up for the following editions. Click here for a free subscription to Pangea Hotel Monthly or other Pangea research.


  • Pangea Hotel Monthly, 1st edition
  • Pangea Hotel team presentation

Pangea Property Partners is an independent Nordic corporate finance and advisory firm focusing on the real estate sector and the hotel industry. The company has offices in Stockholm, Oslo and London with more than 30 employees. We also have a strategic cooperation in Finland. Since 2010, Pangea Property Partners has advised on more than 350 transactions with an underlying property value of about EUR 30 billion. The assignments include property transactions as well as large corporate transactions, capital raisings and debt financing. Over the last few years, Pangea has advised on hotel transactions across the Nordics with a combined value of more than EUR 2 billion.

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