DoubleDragon Corporation’s subsidiary Hotel101 Global, Inc. 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 (approximately P387 million) in hotel revenues. This successful start bodes well for continued revenue generation from Hotel101-Madrid in the European market.
The 519-room Hotel101-Manila and the 606-room Hotel101-Fort in the Philippines continue to consistently operate at very high occupancy levels.
Since March 2026, Hotel101 Global has started to generate recurring revenues from hotel operations in its newly opened 680-room Hotel101-Madrid in Spain. This will be followed by recurring revenue generation in Japanese Yen from the 482-room Hotel101-Niseko in Hokkaido, Japan set to open in 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 five largest hotels in Madrid. Located on a prime 6,593-sqm 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 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; aside from Madrid and Niseko, there will be 519 more rooms in Davao and 548 rooms in Cebu.
Hotel101-Niseko, a 482-room hotel, will be one of the largest hotel projects in the Niseko area, and will mark the company’s formal entry into the Japanese market.
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 P500 billion.
DoubleDragon expects its Hotel101 subsidiary, being an asset-light business model, to become one of the major homegrown brands and business model exports to other countries that would generate significant US dollar inflow into the Philippine economy.
