Q4 2020 Pandox AB Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Pandox Q4 2020 Report Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, 11th of February 2021.
I would now like to hand the conference over to the first speaker today, Mr. Anders Berg. Thank you. Please go ahead.
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Thank you very much. Welcome, everyone, to this presentation of Pandox' fourth quarter and year-end report for 2020 on this beautiful winter's day in Stockholm. I'm Anders Berg. I'm Head of IR at Pandox. And with me, as usual, I have Anders Nissen, our CEO; and Liia Nõu, our CFO. And like last time, during this difficult market situation, we have an external guest with us, and that is Robin Rossmann, Managing Director of International at STR. And as you know by now, he represents a leading independent research firm focused on the hotel market, and he will share his view on this market. So
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