The proposed REIT will complement Hotel101 Global, which listed on Nasdaq earlier this year, by housing completed, income-producing hotel assets while the listed company focuses on developing and licensing new projects.
Hotel101 now has projects in 13 countries and aims to grow to one million rooms across more than 100 countries, making it one of the Philippines’ most ambitious overseas hospitality ventures.
Capital recycling platform
The company’s board approved the creation of DD Hotel101 Worldwide One, a Singapore special purpose vehicle that will sponsor the proposed REIT, according to a disclosure.
The REIT will initially hold a diversified portfolio of Hotel101 units from selected projects in multiple countries and launch with S$300 million in assets, allowing it to qualify for an exemption from Singapore’s three-year operating history requirement.
DoubleDragon said completed Hotel101 assets can be injected into the REIT over time, recycling capital into new developments while creating a recurring income platform for investors.
Recurring income begins
The expansion is beginning to generate recurring operating income, with the 680-room Hotel101-Madrid in Spain having started hotel operations in March 2026.
That will be followed by the opening of the 482-room Hotel101-Niseko in Hokkaido, Japan, in December, adding a second source of recurring revenues denominated in Japanese yen.
—Edited by Miguel R. Camus
