Hotel101 to unveil Mindanao’s largest hotel in July
MANILA, Philippines – DoubleDragon Corp. is set to open the 519-room Hotel101-Davao on July 30, marking a major addition to its growing hospitality portfolio and what the company described as the largest hotel in Mindanao.
The company led by tycoons Edgar Sia II and Tony Tan Caktiong said on Monday that Hotel101-Davao would begin operations at a 5,384-square-meter site along Eco West Drive in Davao City, just a short walk from SM City Ecoland Davao.
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The hotel will feature an all-day dining restaurant, fitness gym, swimming pool, function and conference rooms and a helipad.
This is part of DoubleDragon’s broader push to expand its Hotel101 brand locally and overseas as it seeks to build a larger base of recurring revenues from hotel operations.
“The domestic and international expansion of Hotel101 are geared towards Hotel101 Global’s vision of 1 million uniform Hotel101 rooms in 100 countries, mainly through the licensing of its unique and novel HBNB business model that provides long-term recurring revenue stream,” the company said.
HBNB refers to the Nasdaq ticker of Hotel101 Global Holdings Corp., which espouses an asset-light business model that generates revenues from unit sales and hotel operations.
Hotel101 Global became the first Filipino company with a subsidiary listed on Nasdaq in 2025.
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The company noted that its existing Hotel101 properties in Manila and Fort Bonifacio continue to post high occupancy levels. It also cited the performance of Hotel101-Madrid, which had opened in March. It became the first Hotel101-branded property operating outside the Philippines.
According to the company, the Spanish hotel recently achieved full occupancy and generated more than 100,000 euros in revenue in a single day.
Hotel101 Global has begun generating recurring revenues from the 680-room Madrid property. It is expected to add another overseas asset when the 482-room Hotel101-Niseko in Hokkaido, Japan, opens in December.
DoubleDragon said 2026 would be its busiest year yet for hotel openings, with a total of 2,229 new rooms scheduled to become operational.
Aside from Madrid and Davao, the pipeline includes a 548-room Hotel101-Cebu and the Niseko project in Japan.
The company said the expansion would support its strategy of generating larger recurring revenues from a diversified portfolio that includes community malls, industrial warehouses, office properties and hospitality assets.
DoubleDragon added that the international rollout of Hotel101 could eventually contribute additional US dollar inflows to the Philippine economy. INQ
