InJourney Financial Strategy Quiz

InJourney's aviation segment is growing at 15% annually, while the retail segment is generating negative EBITDA. If you are the CFO, what should be your financial priority?

• Increase debt to expand airport infrastructure

• Allocate more capital to turn around the retail segment

• Focus on aviation expansion while restructuring retail operations

• Divest profitable aviation assets to fund retail

If tourism visitor spending per capita increases by 20% but total visitors decline by 10%, how should InJourney adjust its investment strategy?

• Invest in premium tourism experiences with higher margins

• Reduce tourism investments and focus on mass-market travel

• Shift capital towards real estate development instead of tourism

• Keep investment levels unchanged

InJourney's debt-to-equity ratio is 1.97x, and it plans to expand its tourism infrastructure. What financing option would minimize financial risk?

• Issue more debt to accelerate expansion

• Raise equity through private investors or strategic partners

• Sell tourism assets to fund expansion

• Delay expansion until cash reserves are stronger

The government introduces a tax incentive for sustainable tourism development. As CEO, what action would you take?

• Increase investments in eco-friendly tourism destinations

• Focus only on existing tourism assets without expansion

• Reduce capital expenditures and wait for regulatory changes

• Shift investments away from tourism into other sectors

If InJourney's hospitality segment continues to underperform with low occupancy rates, what is the best restructuring strategy?

• Convert hotels into co-working spaces or serviced apartments

• Sell underperforming hotels at a discount

• Reduce marketing spend and wait for demand to recover

• Increase room rates to improve profitability

InJourney's aviation revenue growth is expected to slow to 5% in 2025 due to economic downturns. What strategic move should the company take?

• Shift focus to increasing non-aeronautical revenue (retail, lounges, cargo)

• Cut expansion plans and reduce workforce to save costs

• Increase airline fees to offset lower passenger traffic

• Reduce capital investment in airports and redirect funds to tourism

A foreign investor offers to acquire a 40% stake in InJourney's tourism development subsidiary (ITDC) for Rp5 trillion. What factors should management consider before accepting?

• The investor's long-term vision and alignment with InJourney's strategy

• Whether the funds can be used for high-growth segments

• The impact on ownership control and decision-making

• All of the above

If Sarinah's retail division achieves break-even in 2025, but margins remain low, what is the best financial strategy?

• Invest more in marketing and new store openings

• Focus on high-margin retail categories like luxury goods

• Maintain operations as they are without further investment

• Reduce retail presence and shift focus to online sales

InJourney's EBITDA margin is projected to increase from 37.81% to 39.5% by 2026. Which initiative would further enhance profitability?

• Cutting employee salaries to reduce operational expenses

• Expanding event-based tourism and premium travel packages

• Reducing aviation fees to attract more passengers

• Delaying expansion plans to save capital

The government announces a new infrastructure plan for smart airports, offering grants for digital transformation. What should InJourney do?

• Apply for funding and invest in AI-driven airport management

• Ignore the initiative and continue with existing airport strategies

• Reduce investments in digital transformation to focus on core aviation

• Use the funds to expand tourism instead of aviation