DoubleDragon Corporation’s subsidiary Hotel101 Global, Inc.
(NASDAQ: HBNB) today announced robust early booking performance for its 680-room Hotel101 Madrid, the Company’s first operational international property, which officially opened in March 2026. Since it began accepting bookings, Hotel101-Madrid has generated over 45,000 hotel night bookings, representing €5.44 Million Euros (approx.
Php 387 Million pesos) in hotel revenues. This successful start bodes well for continued revenue generation from Hotel101-Madrid in the European market.
DoubleDragon Corporation's subsidiary Hotel101 Global Reports Strong Booking Performance and very high occupancy rate at the 680-room Hotel101-Madrid.
2026 is set to be the year with DoubleDragon to start generating high volume of recurring revenues from its portfolio of provincial community mall leasing, industrial
warehouse leasing, office leasing and its hospitality portfolio in the Philippines and overseas.
Hotel101 Global since March 2026 has started to generate recurring revenues from hotel operations in its newly opened 680-room Hotel101-Madrid in Spain. To be followed
by recurring revenue generation in Japanese Yen currency from the 482-room Hotel101Niseko in Hokkaido Japan set to open on December 2026.
Hotel101-Madrid has been designated as Official Hotel Partner for the Formula 1 Spanish Grand Prix from 2026 to 2035 through an exclusive agreement with MATCH Hospitality Europe. The hotel is one of the top five largest hotels in Madrid. Located on a prime 6,593square-meter site in Valdebebas, Madrid, it is strategically positioned
adjacent to the new Formula 1 Spanish Grand Prix circuit, overlooking the iconic “Valdebebas Curve.” The property offers unparalleled accessibility and convenience,
with a three-minute walk to Valdebebas Train Station, four minutes to the IFEMA convention complex, five minutes to the Real Madrid Sports Complex, and seven minutes to Madrid-Barajas International Airport.
The hotel features modern amenities, including an all-day dining restaurant HBNB Kitchen by award-winning La Sucursal, two swimming pools, a fitness center, children’s
playground, 24/7 reception, business center, function rooms, and a proprietary app for seamless guest experiences, from digital check-in to digital key access.
DoubleDragon is set to achieve a milestone this year with its highest number of room openings in one year. A total of new additional 2,229 hotel rooms are slated to be
operational this year 2026, 680 rooms in Madrid-Spain, which just opened last March, to be followed by 519 rooms in Davao, 548 rooms in Cebu and 482 rooms in Niseko
Hokkaido, Japan.
Hotel101-Niseko, a 482 room hotel will be one of the largest hotel projects in the Niseko area, will mark the Company’s formal entry into the Japanese market and is expected to
generate recurring revenues in Japanese Yen come December 2026.
The DD Group continues to tap the capital markets in the Philippines and the United States to further boost its balance sheet towards its goal to increase its total equity base to Php 500 Billion Pesos.
DoubleDragon expects its Hotel101 subsidiary being an asset-light business model to become one of the major homegrown brands and business model export to other
countries that would generate a significant US Dollar inflow to the Philippine economy.
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