DoubleDragon’s Subsidiary Hotel101 Global listed on the US Nasdaq

DoubleDragon’s subsidiary Hotel101 Global $HBNB at the U.S. New York Nasdaq Opening Bell

Hotel101 Global Holdings Corp. (Hotel101 or HBNB), an asset-light, prop-tech hospitality platform business designed for rapid global growth, is the first Filipino-owned company to be listed and traded on the Nasdaq, its shares set to begin trading on July 1, 2025. Hotel101 is a subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD).

Hotel101 generates revenue twice, first in the form of upfront revenue from the sale of its standardized hotel units to global real estate unit buyers and second in the form of recurring revenues from long-term contracts for the day-to-day management and operation of these hotel units enrolled on the Hotel101 platform. HBNB believes the Hotel101asset-light business model is unique and will allow it to efficiently redeploy capital from real estate unit sales in existing developments to new hotel expansion projects, and is designed to deliver a significant multi-year global growth plan targeting openings in 25 priority countries in the medium term. Hotel101 aims to establish a global footprint in 100 countries over the long term.

HBNB is the global hotel expansion arm of the Philippine-based DoubleDragon Corporation. DoubleDragon is a prominent property company listed on the Philippine Stock Exchange, with over P214.84 Billion (~US$3.8 billion) in total assets as of March 31, 2025. The corporation has a vast and diverse portfolio of 1.2 million square meters of office, retail and industrial assets including Jollibee Tower, DD Meridian Park, CityMall community centers, CentralHub industrial warehouses, and Hotel101 projects both locally and internationally.

As of March 31, 2025, DoubleDragon reported a Total Equity of P102.13 Billion (~US$1.8 Billion) and Total Cash Position of P10.92 Billion (~US$193.3 Million). It’s noteworthy that the company has achieved the highest PhilRatings PRS Triple A Credit Rating.
DoubleDragon is led by Edgar “Injap” J. Sia II and Tony Tan Caktiong, the founders of Mang Inasal and Jollibee, the largest and fastest growing fast-food brands in the Philippines.