Hotel101 Global Holdings Corp. (NASDAQ: HBNB), a hotel company listed on the US stock market and owned by Philippine-listed DoubleDragon Corporation (PSE: DD), has signed a deal to build a new hotel in Bangkok, Thailand. The announcement was made on July 1, 2026.

What’s Being Built?

Hotel101-Bangkok will be a large hotel with approximately 770 rooms. To give you an idea of how big that is, it’s expected to become one of the top 3 largest hotels in Bangkok based on the number of rooms.

The hotel will be built on an 8,336 square meter piece of land along Phahon Yothin Road. Think of it like a big piece of land where you could fit more than one soccer field.

Where Exactly Will It Be?

The location is very convenient for travelers. The hotel will be:

• Right next to the Yaek Kor Por Aor BTS Station (BTS is Bangkok’s sky train system, like an elevated railway)
• Near Don Mueang International Airport
• Close to popular spots like Yaek Night Market and Chatuchak Market

This means guests can easily travel around Bangkok and get to the airport quickly.

Who’s Building It?

According to the disclosure, Hotel101 Global is working together with Origin Property PCL (listed on the Stock Exchange of Thailand with ticker: ORI) to develop this project. Origin Property is a Thai company that has been building condominiums near train stations since 2009.

The project is being led by Hotel101 Global Founder Edgar “Injap” Sia II and Executive Chairman Rodolfo “Pong” Ponferrada, along with Origin Property’s leaders.

How Much Money Will It Make?

The company expects Hotel101-Bangkok to generate approximately 1.925 billion Baht in sales revenue once all rooms are sold. That’s about US$58 million (around 3.2 billion Philippine pesos).

The hotel is expected to be completed by 2029.

What Will the Hotel Offer?

Hotel101-Bangkok will be a 4-star hotel with affordable prices. Guests can expect:

• Modern rooms with 24/7 front desk service
• All-day dining restaurant
• Swimming pool and children’s pool
• Full-size gym
• Meeting spaces and conference center for business events
• Business center
• Parking spaces
• Luggage storage

These are the same amenities that Hotel101 offers at all its locations around the world.

Understanding Hotel101’s Business Model

Hotel101 calls itself an “asset-light, prop-tech hospitality platform” with a “condotel” business model. In simple terms, this means they sell individual hotel rooms to investors (like selling condominium units), but they manage the entire property as a hotel. The room owners earn money when their rooms are rented out to guests.

This business model allows Hotel101 to expand quickly because they don’t have to use all their own money to build hotels—investors help fund the construction by buying rooms.

Hotel101’s Big Expansion Plans

According to the announcement, Hotel101 Global has an ambitious vision: to have 1 million Hotel101 rooms in 100 countries around the world. They plan to achieve this mainly by licensing their business model to other companies.

The company already operates hotels in the Philippines:

• Hotel101-Manila with 518 rooms
• Hotel101-Fort with 606 rooms

Both Philippine hotels are operating at “very high occupancy levels,” meaning most of their rooms are filled with guests most of the time.

International Success Story

In March 2026, Hotel101 opened its first hotel outside the Philippines—Hotel101-Madrid in Spain with 680 rooms. The announcement highlights that this hotel achieved record performance, reaching 100% occupancy (all rooms filled) on certain days and generating more than €100,000 Euros in a single day.

This success in Madrid shows that Hotel101’s business model can work in other countries, not just the Philippines.

More Hotels Opening in 2026

The company states that 2026 will be their biggest year for hotel openings. They plan to open a total of 2,229 new hotel rooms:

• 680 rooms in Madrid, Spain (already opened in March 2026)
• 519 rooms in Davao, Philippines
• 548 rooms in Cebu, Philippines
• 482 rooms in Niseko, Hokkaido, Japan (scheduled for December 2026)

The Japanese hotel will be particularly interesting because it will generate revenue in Japanese Yen, adding another currency to Hotel101’s income streams.

About DoubleDragon Corporation

Hotel101 Global is a subsidiary of DoubleDragon Corporation, which is listed on the Philippine Stock Exchange. According to the announcement, DoubleDragon’s total assets currently stand at ₱225.3 billion pesos.

DoubleDragon describes itself as one of the few Philippine companies that has developed a unique business concept that can be exported globally. Besides Hotel101, DoubleDragon also earns money from:

• Provincial community mall leasing
• Industrial warehouse leasing
• Office leasing

The company notes that 2026 is expected to be the year DoubleDragon starts generating high volumes of recurring revenues from all these businesses in the Philippines and overseas.

Historic Achievements

The announcement highlights two historic milestones:

• In 2025, Hotel101 became the first Filipino company to have a subsidiary listed on the US Nasdaq stock exchange
• In 2026, Hotel101 became the first Filipino hotel chain brand to operate overseas (with the Madrid hotel)

The company believes that Hotel101’s global expansion could eventually become “one of the major US Dollar inflow generators to the Philippine economy,” meaning it could bring significant foreign money into the Philippines.

This disclosure was signed by Atty. Joselito L. Barrera, Jr., Chief Information Officer of DoubleDragon Corporation.

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.