Hotel101

Hotel 101 Global Holdings Corp.
Company type
Public
Nasdaq: HBNB
IndustryHospitality / Real estate
Founded2016; 10 years ago (2016)[a] in Pasay
Headquarters
Pasay
,
Philippines
Area served
Metro Manila and Madrid
ProductsCondo hotel units
ServicesHotel management
OwnerDoubleDragon Corporation
Websitehotel101.com hotel101global.com

Hotel101 Global Holdings Corp. is a condo hotel developer and hotel management company originating from the Philippines.

History

DoubleDragon Corporation of Tony Tan Caktiong and Edgar Sia is the parent company of Hotel101 Global.[1] Originally it was under the Hotel of Asia Inc. (HOA) of Sia which was established in 2011 and runs Jinjiang Inn franchises in the Philippines.[2][3]

The first hotel under the brand opened in June 2016.[4][2] Hotel101-Manila opened in Pasay City near the Mall of Asia complex.[5] By the end of 2016, DoubleDragon completes acquisition of majority of the stakes in Hotel101.[3]

In December 2018, Hotel101 announced it has been considering expanding operations outside the Philippines in a bid to become an international hotel brand.[6]

Despite COVID-19 pandemic in 2022, the company continued working on its expansion plans.[7][8] It credits employees of business process outsourcing firms for keeping hotel occupancy rates at 80 percent during the pandemic.[9]

The second Hotel101, Hotel101-Fort, opened in August 2023 in Bonifacio Global City, Taguig.[4][10]

On August 26, 2023, its first international hotel located in Niseko, Japan broke ground.[11][12][13] This was followed by a hotel in Madrid, Spain in March 2024. Hotel101 - Madrid would open 2 years later.[14][15]

By December 2023, Hotel101 had established its global headquarters in Singapore.[1] On June 27, 2025, it became the first Filipino-owned firm to be listed on the Nasdaq Stock Exchange in New York.[16]

Business model

Hotel101 are condo hotels where individual units or rooms are owned by investors and rented out to people like a hotel room. The rooms are managed by the company.[12][17] Rooms in Hotel101, branded as "Happy Rooms" are uniform in design and floor area at 26 square meters (280 sq ft).[18][19]

Hotels

Existing
Hotel Location Rooms Opened Ref.
Hotel101 – Manila Pasay 518 2016 [4]
Hotel101 – Fort Taguig 606 2023 [4]
Hotel101 - Madrid Madrid 680 2026 [20]
Under-construction
Hotel Location Country Rooms Broke ground Planned opening Ref.
Hotel101 – Cebu Mactan Airport Lapu-Lapu City Philippines 548 – 2025

[21][22]

Hotel101 – Davao Davao City Philippines 519 – – [22][23]
Hotel101 Resort – Boracay Malay, Aklan Philippines 1,001 – –
Hotel101 - Roxas Boulevard Pasay Philippines 700 - 2028 [24] [25]
Hotel101 – Niseko Niseko, Hokkaido Japan 482 2023 – [11]
Hotel101 – Libis Quezon City Philippines 702 2024 2026 [26]
Hotel101 – Los Angeles Los Angeles United States 622 – 2026 [27]
Hotel101 - Milan Milan Italy 429 - 2028 [28] [29]

Notes

  1. ^ Opening of first hotel, date of incorporation as a company is unknown

References

  1. ^ a b "One room to take on the world: Hotel group eyes global expansion with asset-light business model". The Straits Times. December 1, 2023. Retrieved June 19, 2025.
  2. ^ a b Recio, Divine M. (July 8, 2016). "Tourism Secretary Wanda Teo graces Hotel 101 Manila opening". Hospitality News Philippines. Retrieved June 20, 2025.
  3. ^ a b De La Paz, Chrisee (October 13, 2016). "DoubleDragon completes acquisition deal with Hotel of Asia". Rappler. Retrieved June 20, 2025.
  4. ^ a b c d Mercurio, Richmond (April 2025). "DoubleDragon to unveil new Hotel101 projects". The Philippine Star. Retrieved June 20, 2025.
  5. ^ Mercurio, Richmond. "DoubleDragon to unveil new Hotel101 projects". Philstar.com. Retrieved June 23, 2025.
  6. ^ Endo, Jun. "Philippines' Hotel 101 seeks cash abroad to fuel global rise". Nikkei Asian Review. Archived from the original on January 30, 2019. Retrieved June 19, 2025.
  7. ^ Co, Ryanne (March 21, 2022). "Hannah Yulo-Luccini Shares What Excites Her Most About the First Hotel 101 Outside the Philippines". Tatler Asia. Retrieved June 19, 2025.
  8. ^ Gonzales, Iris (January 24, 2022). "DoubleDragon to bring Hotel 101 abroad". The Philippine Star. Retrieved June 19, 2025.
  9. ^ Valmonte, Keren Concepcion (April 21, 2021). "DoubleDragon to launch three Hotel 101 projects". BusinessWorld. Retrieved June 20, 2025.
  10. ^ Piad, Tyrone Jasper C. (May 30, 2023). "Hotel 101 opening in BGC by July". INQUIRER.net. Retrieved June 23, 2025.
  11. ^ a b Songco, Pauline (September 2, 2023). "Filipino homegrown hotel expands in Japan". Daily Tribune. Retrieved June 20, 2025.
  12. ^ a b Camus, Miguel R. (August 30, 2023). "Offshore debut: Hotel101 breaks ground in Hokkaido". Philippine Daily Inquirer. Retrieved June 20, 2025.
  13. ^ "Hotel101-Niseko project breaks ground in Japan". Daily Guardian. August 29, 2023. Retrieved June 20, 2025.
  14. ^ "Hotel 101 Global is Latest Filipino Company to Plant Roots in Spain". Department of Foreign Affairs. March 20, 2024. Retrieved June 19, 2025.
  15. ^ "Hotel 101 - Madrid breaks ground construction, contract awarded to Ferrovial Construction Group". Manila Bulletin. March 18, 2024. Retrieved June 20, 2025.
  16. ^ "Hotel101 becomes first Filipino firm to list on Nasdaq". Rappler. June 27, 2025. Retrieved June 27, 2025.
  17. ^ "How It Works". Hotel101 Global. June 23, 2023. Retrieved June 20, 2025.
  18. ^ Pascual, Jekki (April 23, 2024). "Hotel 101 a 'basic' hotel going global: Injap Sia". ABS-CBN News. Retrieved June 20, 2025.
  19. ^ Remo, Amy R. (March 10, 2018). "'Condotel' investment 101". Philippine Daily Inquirer. Retrieved June 20, 2025.
  20. ^ Balaoing, Benise (March 10, 2026). "Hotel101 opens Madrid hotel - ABS-CBN News". ABS-CBN News. Retrieved March 16, 2026.{{cite web}}: CS1 maint: url-status (link)
  21. ^ Songco, Pauline (October 12, 2024). "Hotel101 topped off in Cebu". Daily Tribune. Retrieved June 20, 2025.
  22. ^ a b "DoubleDragon: Hotel101-Cebu fully sold, opening in 2025". BusinessWorld. October 10, 2024. Retrieved June 20, 2025.
  23. ^ Dumlao-Abadilla, Doris (August 22, 2017). "DoubleDragon building Mindanao's biggest hotel". Philippine Daily Inquirer. Retrieved June 20, 2025.
  24. ^ Adonis, Meg M. (May 15, 2025). "BIZ BUZZ: Hotel101 to alter Roxas Boulevard skyline". Philippine Daily Inquirer. Retrieved March 31, 2026.{{cite news}}: CS1 maint: url-status (link)
  25. ^ "DoubleDragon to build P5.25-B Hotel101 in Roxas Boulevard, targets 2028 completion". InsiderPH. May 14, 2025. Retrieved March 31, 2026.{{cite web}}: CS1 maint: url-status (link)
  26. ^ "Megawide, DoubleDragon start construction of Hotel 101 in Quezon City". BusinessWorld. July 9, 2024. Retrieved June 20, 2025.
  27. ^ Cabuenas, Jon Viktor D. (November 14, 2023). "DoubleDragon secures commercial lot for Hotel101 LA". GMA News. Retrieved June 28, 2025.
  28. ^ Mercurio, Richmond (December 1, 2025). "DoubleDragon bringing Hotel101 to Milan". The Philippine Star. Retrieved March 23, 2026.{{cite web}}: CS1 maint: url-status (link)
  29. ^ Balaoing, Benise (December 1, 2025). "Hotel101 to open hotel in Milan, Italy". ABS-CBN News. Retrieved March 23, 2026.{{cite web}}: CS1 maint: url-status (link)

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