Video: Hotel Business Expansion in 2026 as Purchasing Power Slumps and War Effects

Video: Hotel Business Expansion in 2026 as Purchasing Power Slumps and War Effects

Jakarta, CNBC Indonesia – The economic and geopolitical turmoil weighing on purchasing power poses a challenge to the performance of property sectors including MICE (Meetings, Incentives, Conferences, and Exhibitions) and hospitality.

President Director of Pollux Hotels Group, Handojo Koentoro Setyadi, said Pollux Group, with its businesses in hotels, malls, apartments, industrial estates and landed housing, remains optimistic about facing a range of business challenges in 2026.

In 2025, Pollux Group recorded a 5% decline in hotel and apartment businesses, which stagnated due to purchasing power pressures, but mall and F&B businesses were able to register growth. In 2026, POLL still targets expansion of its hotel business from Cikarang to Semarang.

What is the hotel business strategy to face the 2026 challenges? See the dialogue between Shafinaz Nachiar and the President of PT Pollux Properti Indonesia Tbk (POLL), Handojo Koentoro Setyadi, on Closing Bell, CNBC Indonesia (Wednesday, 4 March 2026).