About Hotel 101 Phe Ltd.
Hotel101 Global Pte. Ltd. is the global hotel expansion arm of the Philippine-based DoubleDragon Corporation, listed in Singapore. DoubleDragon is a leading real estate company listed on the Philippine Stock Exchange with total assets of approximately US$3 billion. The company has a large 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 both local and international Hotel101 projects.
DoubleDragon reported Total Equity of ₱81.64 billion (~US$1.48 billion) and Total Cash Position of ₱6.54 billion (~US$118.91 million) as of June 30, 2023. Notably, the company has the highest PhilRatings PRS Triple A Credit Rating.
DoubleDragon is led by Edgar “Injap” J. Sia II and Tony Tan Caktiong, founders of Mang Inasal and Jollibee, the Philippines’ largest and fastest-growing fast-food brands. The company plans to list Hotel101 Global on NASDAQ and expects more than 95% of its revenues to come from outside the Philippines soon.
The first overseas ventures for Hotel101 are planned in Niseko (Japan), Madrid (Spain) and California (USA), laying the foundations for the brand’s global expansion. Hotel101 Global’s vision is to be present in 25 countries by 2026.
DoubleDragon Key Projects
CityMall is one of the largest branded community mall chains in the Philippines with over 40 locations.
CentralHub warehouses are industrial spaces leased to the largest manufacturing and food service providers in the Philippines, such as Jollibee Foods Corporation.
Offering unparalleled accessibility to Pasay City's emerging central business district, DD Meridian Park is a world-class office project strategically located at the gateway to the Bay Area.
Jollibee Tower, a world-class 41-story commercial and office tower, is located in the Ortigas Central Business District and serves as the headquarters of the Philippines' No. 1 fast food brand.