Sultan Hotel Denies Royalties Debt of IDR 7.24 Billion

here are the relevant facts from the provided text, stopping ‍at the HARD STOP:

* Dispute: ​ PT Indobuildco (manager of ‌the Sultan⁤ Hotel) is involved in a dispute with the government regarding the ⁣use of⁣ state land⁤ in the Gelora Bung Karno (GBK) area.
* Royalty bill: The government is suing PT Indobuildco for royalties of $45 million USD (approximately⁤ IDR 742.5 billion).
* Yunus Yamanie’s Testimony: Yunus Yamanie, General Affairs of the‌ Sultan Hotel (employee⁤ for over 30⁤ years), testified he was ⁣unaware of the royalty bill until recently.
* Decreased Occupancy: The ⁢Sultan Hotel’s occupancy rate has drastically decreased too below 20% as ⁢March 2025, down from a usual 90%.
* Cause of⁢ Decline: Yunus ⁤attributes the decline in occupancy to ​the ‌government closing hotel ‌access without a ⁤court order, leading‌ to cancellations and loss of customer confidence.