Hotel101 Global, a subsidiary of property giant DoubleDragon Corp., is moving closer to becoming the first Filipino-owned company listed on the Nasdaq.
Hotel101 Global is teaming up with Saudi Arabia’s Horizon Group to build up to 10,000 rooms under the Hotel101 brand, targeting a project value of around $2.5 billion (P140 billion).
DoubleDragon Corp. kicked off 2025 with a powerful earnings surge, posting P2.05 billion in net income for the first quarter, up 245 percent from the same period last year.
DoubleDragon Corp., the developer behind Hotel 101 and various commercial projects, is pushing further into essential retail by buying a 35-percent stake in grocery and pharmacy operator MerryMart Consumer Corp.
Mang Inasal founder Injap Sia and Jollibee founder Tony Tan Caktiong marked a major milestone in their global hotel venture with the topping-off of the 680-room Hotel101-Madrid, just 11 months after construction began.
DoubleDragon’s Hotel101-Global has officially filed its F-4 Registration Statement with the US Securities and Exchange Commission (SEC) and NASDAQ, marking a major step toward its $2.3-billion (P130 billion) debut on the US stock market.