Luas Tanah 20000

Hotel 10000
Sisa 10000
Dibangun kantor
GFA 20000
SGA 16000

1 2 3
Jumlah Kamar 170 170 170
Occ 50% 54% 58%
Av Room Rate/malam 300000 330000 363000

Pendapatan
Kamar 9,307,500,000 11,057,310,000 13,064,007,000
F&B 54% 5,026,050,000 5,970,947,400 7,054,563,780
MOD 20% 1,861,500,000 2,211,462,000 2,612,801,400
TOTAL PENDAPATAN 16,195,050,000 19,239,719,400 22,731,372,180

Biaya
Kamar 16% 1,489,200,000 1,769,169,600 2,090,241,120
F&B 60% 3,015,630,000 3,582,568,440 4,232,738,268
MOD 35% 651,525,000 774,011,700 914,480,490
Marketing 4% 647,802,000 769,588,776 909,254,887
Adm&Umum 3% 485,851,500 577,191,582 681,941,165
POMEC 14% 2,267,307,000 2,693,560,716 3,182,392,105
Reserve for Replacement 2% 323,901,000 384,794,388 454,627,444
TOTAL BIAYA OPEASIONAL 8,881,216,500 10,550,885,202 12,465,675,479

NOI 7,313,833,500 8,688,834,198 10,265,696,701

Discount Factor 15% 0.8696 0.7561 0.6575
Caprate 11%
Terminal Value
PV NOI 6,359,855,217 6,570,006,955 6,749,862,218
PV Terminal Value
Nilai Pasar Hotel 96,032,922,047

1 2 3
GFA 20,000 20,000 20,000
SGA 16,000 16,000 16,000
Sewa 60,000 63,000 66,150
Service Charge 35,000 36,750 38,588
Occupancy 0.40
Pendapatan Sewa 5,080,320,000
Diskon Rate 15% 0.8696 0.7561 0.6575
Cap Rate 11%
Terminal Value
PV NOI 3,340,392,866
PV Terminal Value
Nilai 66,191,184,129
Biaya Bangun 2,500,000
GFA 20,000
Biaya Bangun Baru 50,000,000,000
Nilai Tanah 16,191,184,129

Nilai Properti 112,224,106,176

 4 5 6
170 170 170
65% 70% 60%
399300 439230 483153

16,104,767,250 19,077,955,050 17,987,786,190

8,696,574,315 10,302,095,727 9,713,404,543
3,220,953,450 3,815,591,010 3,597,557,238
28,022,295,015 33,195,641,787 31,298,747,971

2,576,762,760 3,052,472,808 2,878,045,790

5,217,944,589 6,181,257,436 5,828,042,726
1,127,333,708 1,335,456,854 1,259,145,033
1,120,891,801 1,327,825,671 1,251,949,919
840,668,850 995,869,254 938,962,439
3,923,121,302 4,647,389,850 4,381,824,716
560,445,900 663,912,836 625,974,959
15,367,168,910 18,204,184,709 17,163,945,582

12,655,126,105 14,991,457,078 14,134,802,388 14,134,802,388

0.5718 0.4972 0.4323

128,498,203,528
7,235,609,424 7,453,403,688 6,110,865,135
55,553,319,410

4 5 6 7 8
20,000 20,000 20,000 20,000 20,000
16,000 16,000 16,000 16,000 16,000
69,458 72,930 76,577 80,406 84,426
40,517 42,543 44,670 46,903 49,249
0.50 0.60 0.75 0.80 0.85
6,667,920,000 8,401,579,200 11,027,072,700 12,350,321,424 13,778,327,339
0.5718 0.4972 0.4323 0.3759 0.3269
 125,257,521,260
3,812,404,901 4,177,069,718 4,767,307,830 4,642,943,278 4,504,159,648
40,946,905,888
13,778,327,339