Budget Planning

Annual budgeting, scenario analysis & CAPEX planning

Total Revenue

Rp 48.6B

Total GOP

Rp 21.9B

Avg GOP Margin

43.3%

Total CAPEX

Rp 2.8B

Approved

Pending

Monthly Budget Distribution (Consolidated)

Jan

1,200M

Feb

1,160M

Mar

1,280M

Apr

1,235M

May

1,325M

Jun

1,395M

Jul

1,440M

Aug

1,360M

Sep

1,305M

Oct

1,340M

Nov

1,375M

Dec

1,495M

Rooms

F&B

Other

Scenario Analysis

Conservative25% prob

Lower growth assumptions with focus on cost control

RevenueRp 46.0B

GOPRp 19.5B

GOP Margin42.4%

Assumptions:

5% RevPAR growth
Flat ADR
Occupancy +2%
Cost inflation 4%

Base Case50% prob

Expected performance based on market trends

RevenueRp 48.6B

GOPRp 21.9B

GOP Margin45.1%

Assumptions:

8% RevPAR growth
ADR +3%
Occupancy +4%
Cost inflation 3%

Optimistic25% prob

Strong market recovery with premium positioning

RevenueRp 52.2B

GOPRp 24.8B

GOP Margin47.5%

Assumptions:

12% RevPAR growth
ADR +6%
Occupancy +6%
Cost optimization

Property Budgets 2026

Property	Revenue	GOP	GOP%	CAPEX	Status
Khas Palu	Rp 15.5B	Rp 7.0B	45.2%	Rp 850M	approved
Khas Makassar	Rp 20.5B	Rp 9.8B	47.8%	Rp 1200M	approved
Khas Manado	Rp 7.6B	Rp 3.2B	42.1%	Rp 450M	approved
Khas Kendari	Rp 5.0B	Rp 1.9B	38.0%	Rp 300M	approved
Khas Gorontalo	Rp 3.6B	Rp 1.3B	36.1%	Rp 250M	draft
Portfolio Total	Rp 52.2B	Rp 23.2B	41.8%	Rp 3.0B