Property developer DoubleDragon Corp. is set to open Hotel101 Niseko in Japan alongside a wave of domestic launches following its Madrid debut, as it heads into its biggest year of expansion.
At the center of this push is subsidiary Hotel101 Global Holdings Corp., which disclosed on Nasdaq that it has taken the next step toward a $300-million Series A perpetual preferred share offering in the US.
Alsons Development and Investment Corp. (Alsons Dev) and DoubleDragon Properties Corp. have begun construction of CentralHub Davao, marking the first CentralHub industrial warehouse complex in Mindanao as logistics demand across the Philippines continues to expand.
A Filipino hotel brand is making its international debut as the 680-room Hotel101-Madrid opens to the public today, marking the first overseas operation for the homegrown hospitality concept.
The Philippine Competition Commission has cleared DoubleDragon Corp.’s planned entry into retail, approving its acquisition of a 35 percent stake in affiliate MerryMart Consumer Corp.
Hotel101 Global Holdings Corp. said it signed binding agreements to develop a 766-room hotel in Melbourne’s central business district, one of its biggest projects to date.
DoubleDragon Corp., the property giant backed by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is entering a turning point in its growth as it moves decisively into the next decade of expansion.
Hotel101 Global Holdings Corp., the asset-light hospitality arm of DoubleDragon Corporation, has topped off its 482-room Hotel101-Niseko development in Hirafu, Niseko, Hokkaido, Japan, marking completion of the building’s main structure and keeping the project on track for a December 2026 opening.
The Milan project marks Hotel101’s second planned site in Europe, after Madrid, and advances DoubleDragon’s ambition to scale its “condotel” format to one million rooms across one hundred countries. The group positions Hotel101 as an asset-light, tech-enabled hospitality platform that earns first from pre-selling individual hotel units and later from recurring hotel operations.