Pandox Operations already runs operations at 16 Pandox owned hotels, but is now taking its first step into becoming an operator of hotels owned by external parties.
Anders Nissen, chief executive at Pandox said: "It’s a great honour to obtain the prestigious assignment of running operations at the historical Grand Hotel Oslo. The deal is in line with Pandox Operations' strategy to sign lease agreements with other parties than Pandox and now we look forward to several more opportunities like this one."
The Grand Hotel Oslo is located at the centre of Karl Johan, the main parade street in Oslo. It was inaugurated in 1874 and has 292 rooms, including 54 suites, a conference area for up to 150 people, two smaller spaces for 50 and 30 people and a spa.