With Bank Mandiri partnership, Bobobox aims to expand to 12 new locations in Indonesia this year

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With Bank Mandiri partnership, Bobobox aims to expand to 12 new locations in Indonesia this year - e27

Quick Summary:

Indonesian capsule hotel and cabin operator Bobobox announced that achieved a remarkable 200 per cent ARR growth for Bobocabin Sukawana and positive EBITDA in 2024.

With plans to expand to 12 new locations by 2025, what criteria does Bobobox use to select key destinations such as Surabaya, Medan, Bali, and Mt.

To achieve operational efficiency and cost management, we optimised operations by strategically managing our CAPEX through partnerships with public and private sector entities via our Joint Venture (JV) collaboration.