DoubleDragon Corporation, a Philippine-based real estate company, just made history! Their hotel brand called Hotel101 opened its first hotel outside the Philippines on March 10, 2026, in Madrid, Spain. This is the first time ever that a Filipino hotel brand that started in the Philippines is now operating in another country.
What’s Special About This Hotel?
The Hotel101-Madrid is a big hotel with 680 rooms, making it one of the top 5 largest hotels in all of Spain. Think of it like a really, really big apartment building, but every room is for hotel guests!
According to DoubleDragon’s announcement, the hotel opened to the public on March 10, 2026, and people can now book rooms through the Hotel101 App or other hotel booking websites – just like how you might book a hotel for a family vacation.
Where is the Hotel Located?
The hotel is in a place called Valdebebas in Madrid. What makes this location really cool is that it’s located:
- Very close to Madrid’s airport (Madrid-Barajas International Airport), so travelers don’t have to go far after their plane lands
- Right next to Ciudad Real Madrid – this is where the famous Real Madrid soccer team practices!
- Near the new Formula 1 Madrid Grand Prix circuit – where race car competitions happen
- Close to IFEMA, which is Spain’s biggest convention center where large events and meetings take place
- A Spanish supermarket chain called AhorraMas is right beside the hotel
What’s Inside the Hotel?
Each room (called a “HappyRoom”) comes with a small kitchen area called a kitchenette. The hotel also has:
- Swimming pools
- Function rooms for events
- A business center
- A full-size gym
- A restaurant called HBNB Kitchen (run by an award-winning restaurant group from Valencia)
- A convenience store
- A laundry room
- Over 200 parking spaces
- 24/7 front desk service
The company says these are “4-star amenities” (which means really nice quality) but at affordable prices.
Why This Matters for the Philippines
DoubleDragon explains that this hotel opening is important because it will bring money back to the Philippines. When tourists from other countries stay at Hotel101-Madrid and pay in Euros or US Dollars, that money goes to a Filipino company. The company believes this could make DoubleDragon “one of the major US Dollar inflow generator to the Philippine economy.”
In simpler terms: when a Filipino business makes money in other countries and brings it home, it helps strengthen the Philippine economy.
About Hotel101 Global
Hotel101 is actually listed on the Nasdaq Stock Exchange in America (ticker symbol: HBNB). According to the announcement, as of March 9, 2026, the company had a market value of about US$1.9 billion (approximately Php113 billion).
The company has a unique business model called “condotel” – which combines condominium and hotel. Here’s how it works in simple terms:
- First way they make money: They sell individual hotel rooms to investors while the hotel is still being built (kind of like pre-selling)
- Second way they make money: Once the hotel opens, they earn money every day from guests who book and stay in the rooms
Hotel101 Global has big plans: they want to operate 1 million rooms in 100 countries around the world in the future. They plan to do this by partnering with local developers in different countries.
About DoubleDragon Corporation
DoubleDragon is a Philippine company that builds different types of properties. According to their announcement, in just about 10 years, they’ve completed over 1.5 million square meters of properties, including:
- Community malls in provinces across Luzon, Visayas, and Mindanao
- Office buildings in Metro Manila
- Hotels in the Philippines and now overseas
- Warehouse complexes around the country
The company emphasizes that they operate malls even in far-flung areas like Cotabato City, Koronadal City, Dipolog City, Isulan Sultan Kudarat, and even in Basilan Sulu in the Bangsamoro Autonomous Region. They say this helps stimulate the local economy in the countryside.
DoubleDragon expects that Hotel101’s business model – which they call “asset-light” because they partner with others rather than building everything themselves – will become a major Filipino brand export that brings US Dollar income to the Philippine economy.
This announcement was disclosed by Atty. Joselito L. Barrera, Jr., Chief Information Officer of DoubleDragon Corporation.
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.
