‘We are all in’: DoubleDragon’s Sia lays out decade-long vision

Edgar "Injap" Sia II 
DoubleDragon chair, CEO 

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.

At the company’s annual stockholders’ meeting on Dec. 19, Sia said the business is now positioned to push forward after navigating years of economic and geopolitical shocks.

“I am all in, we are all in, for DoubleDragon Corporation to take on the world, and proudly carry the Philippine flag wherever we go,” Sia said in his message to shareholders. 

He said the stretch from 2020 to 2025 tested the company through prolonged global and domestic turbulence.

Sia described that period as “a rare opportunity for the whole DD team to learn to navigate a prolonged very rough and very turbulent weather.”

A decade-long growth blueprint

According to Sia, those challenges reshaped DoubleDragon, which went public in 2014,  into “a far stronger and now a far deeply prepared company, now consisting of battle-tested and battled-hardened team members.”

From the Philippines to Spain. Hotel101 Madrid begins check-ins in March 2026, kicking off the brand’s global rollout.

With that foundation in place, he said, “At this point, I may confidently say that your whole DD team is now fully prepared to intensely pursue its next phase of growth going forward from 2025 to 2035.”

That next phase is guided by a 10-year grand vision that includes exceeding P500 billion in global consolidated annual revenue and more than P50 billion in net income by 2035.

Hotel101 goes global, Madrid first

The roadmap also calls for completing a hard-asset footprint across all 82 Philippine provinces and expanding Hotel101 Global to 100 countries worldwide.

As an early milestone of that strategy, Sia announced that the 680-room Hotel101 in Madrid will begin welcoming guests in March 2026, which he described as “just the beginning of the journey” of a Filipino hotel brand expanding overseas.

—Edited by Miguel R. Camus 

Featured News
Explore the latest news from InsiderPH
Friday, 19 December 2025
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.