DoubleDragon Corporation announced on August 6, 2026, that its Hotel101 in Madrid, Spain has reached an impressive milestone. The 680-room hotel has received 5,000 international customer reviews on Booking.com and earned a very high rating of 9.1 out of 10 – all within just five months of opening.
To put this in simple terms: imagine opening a lemonade stand and getting 5,000 customers to say your lemonade is “excellent” (9.1 out of 10 is like getting an A grade) in less than half a year. That’s what happened to DoubleDragon’s hotel in Spain.
What’s Happening at Hotel101-Madrid?
According to the disclosure filed by Atty. Joselito L. Barrera, Jr., DoubleDragon’s Chief Information Officer, Hotel101-Madrid opened in March 2026 and has already achieved 100% occupancy (meaning all rooms were fully booked) multiple times since then.
The hotel is now preparing for even busier times ahead, with major events coming to Madrid including Real Madrid football matches and the city’s first-ever Formula 1 Grand Prix race. During these big events, the hotel expects even more guests and higher room prices.
What is Hotel101?
Hotel101 is DoubleDragon’s hotel brand that uses what the company calls a “novel asset-light concept” – a special business approach that makes it easier to expand the hotel brand to different countries. Think of it like having a recipe that works so well, you can use it to open the same restaurant in many different cities.
The company describes Hotel101-Madrid as the “perfected global prototype” – essentially the perfect model that they can now copy and expand rapidly around the world.
DoubleDragon’s Big Expansion Plans
DoubleDragon has ambitious goals for Hotel101. The company wants to eventually have 1 million Hotel101 rooms across 100 countries worldwide, with the aim of making Hotel101 the largest single-brand uniform hotel chain in the world.
The year 2026 is particularly important for this expansion. According to the disclosure, it will be the year with the most new hotel rooms opening – a total of 2,229 rooms across four locations:
- 680 rooms – Hotel101-Madrid, Spain (already opened)
- 519 rooms – Hotel101-Davao, Philippines
- 548 rooms – Hotel101-Cebu, Philippines
- 482 rooms – Hotel101-Niseko, Hokkaido, Japan
The company also mentioned that two existing Hotel101 properties in the Philippines – the 518-room Hotel101-Manila and the 606-room Hotel101-Fort – continue to operate at very high occupancy levels.
About DoubleDragon Corporation
DoubleDragon Corporation is described in the disclosure as “one of the very few companies” that has positioned its diversified portfolio of hard assets across the Philippines and has developed a business model that can be exported to other continents.
The company’s business includes provincial community mall leasing, industrial warehouse leasing, office leasing, and hospitality operations both in the Philippines and overseas. According to the announcement, 2026 is expected to be the year DoubleDragon starts generating high volumes of recurring revenues from these different businesses.
DoubleDragon’s Total Assets currently stand at ₱225.3 Billion Pesos.
Historic Milestones
The disclosure highlighted two significant achievements for Hotel101:
- In 2025, Hotel101 became the first-ever Filipino company to have a subsidiary listed on the U.S. Nasdaq stock exchange
- In 2026, it became the first-ever Filipino hotel chain brand to operate overseas
The company noted that the global expansion of Hotel101 is expected to eventually become “one of the major US Dollar inflow generators to the Philippine economy” – meaning it could bring significant foreign currency earnings into the Philippines.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
