Hotel 101

Last updated

Hotel 101 Global
Company type Private
Industry Hospitality / Real estate
Founded2016;9 years ago (2016) [a] in Pasay
Headquarters
Pasay
,
Philippines
Area served
Metro Manila
Products Condo hotel units
ServicesHotel management
Owner DoubleDragon Corporation
Website hotel101.com hotel101global.com

Hotel 101 Global (stylized as Hotel101) is a condo hotel developer and hotel management company originating from the Philippines.

Contents

History

DoubleDragon Corporation of Tony Tan Caktiong and Edgar Sia is the parent company of Hotel 101 Global. [1] Originally it was under the Hotel of Asia Inc. (HOA) of Sia which was established in 2011 and runs Jinjiang Inn outlets in the Philippines. [2] [3]

The first hotel under the brand opened in June 2016. [4] [2] Hotel101-Manila opened in Pasay City near the Mall of Asia complex. [5] By the end of 2016, DoubleDragon completes acquisition of majority of the stakes in Hotel 101. [3]

In December 2018, Hotel 101 announced it has been considering expanding operations outside the Philippines in a bid to become an international hotel brand. [6]

Despite COVID-19 pandemic in 2022, the company continued working on its expansion plans. [7] [8] It credits employees of business process outsourcing firms for keeping hotel occupancy rates at 80 percent during the pandemic. [9]

The second Hotel 101, Hotel101-Fort, opened in August 2023 in Bonifacio Global City, Taguig. [4] [10]

On August 26, 2023, its first international hotel located in Niseko, Japan broke ground. [11] [12] [13] This was followed by a hotel in Madrid, Spain in March 2024. [14] [15]

By December 2023, Hotel 101 had established its global headquarters in Singapore. [1] On June 27, 2025, it became the first Filipino-owned firm to be listed on the Nasdaq Stock Exchange in New York. [16]

Business model

Hotel 101 are condo hotels where individual units or rooms are owned by investors and rented out to people like a hotel room. The rooms are managed by the company. [12] [17] Rooms in Hotel 101, branded as "Happy Rooms" are uniform in design and floor area at 26 square meters (280 sq ft). [18] [19]

Hotels

Existing
HotelLocationRoomsOpenedRef.
Hotel 101 – Manila Pasay 5182016 [4]
Hotel 101 – Fort Taguig 6062023 [4]
Under-construction
HotelLocationCountryRoomsBroke groundPlanned openingRef.
Hotel 101 – Cebu Mactan Airport Lapu-Lapu City Philippines5482025

[20] [21]

Hotel 101 – Davao Davao City Philippines519 [21] [22]
Hotel 101 Resort – Boracay Malay, Aklan Philippines1,001
Hotel 101 – Niseko Niseko, Hokkaido Japan4822023 [11]
Hotel 101 – Madrid Madrid Spain68020232026 [14]
Hotel 101 – Libis Quezon City Philippines70220242026 [23]

Notes

  1. Opening of first hotel, date of incorporation as a company is unknown

References

  1. 1 2 "One room to take on the world: Hotel group eyes global expansion with asset-light business model". The Straits Times. December 1, 2023. Retrieved June 19, 2025.
  2. 1 2 Recio, Divine M. (July 8, 2016). "Tourism Secretary Wanda Teo graces Hotel 101 Manila opening". Hospitality News Philippines. Retrieved June 20, 2025.
  3. 1 2 De La Paz, Chrisee (October 13, 2016). "DoubleDragon completes acquisition deal with Hotel of Asia". Rappler. Retrieved June 20, 2025.
  4. 1 2 3 4 Mercurio, Richmond (April 2025). "DoubleDragon to unveil new Hotel101 projects". The Philippine Star. Retrieved June 20, 2025.
  5. Mercurio, Richmond. "DoubleDragon to unveil new Hotel101 projects". Philstar.com. Retrieved June 23, 2025.
  6. Endo, Jun. "Philippines' Hotel 101 seeks cash abroad to fuel global rise". Nikkei Asian Review. Archived from the original on January 30, 2019. Retrieved June 19, 2025.
  7. Co, Ryanne (March 21, 2022). "Hannah Yulo-Luccini Shares What Excites Her Most About the First Hotel 101 Outside the Philippines". Tatler Asia. Retrieved June 19, 2025.
  8. Gonzales, Iris (January 24, 2022). "DoubleDragon to bring Hotel 101 abroad". The Philippine Star. Retrieved June 19, 2025.
  9. Valmonte, Keren Concepcion (April 21, 2021). "DoubleDragon to launch three Hotel 101 projects". BusinessWorld. Retrieved June 20, 2025.
  10. Piad, Tyrone Jasper C. (May 30, 2023). "Hotel 101 opening in BGC by July". INQUIRER.net. Retrieved June 23, 2025.
  11. 1 2 Songco, Pauline (September 2, 2023). "Filipino homegrown hotel expands in Japan". Daily Tribune. Retrieved June 20, 2025.
  12. 1 2 Camus, Miguel R. (August 30, 2023). "Offshore debut: Hotel101 breaks ground in Hokkaido". Philippine Daily Inquirer. Retrieved June 20, 2025.
  13. "Hotel101-Niseko project breaks ground in Japan". Daily Guardian. August 29, 2023. Retrieved June 20, 2025.
  14. 1 2 "Hotel 101 Global is Latest Filipino Company to Plant Roots in Spain". Department of Foreign Affairs. March 20, 2024. Retrieved June 19, 2025.
  15. "Hotel 101 - Madrid breaks ground construction, contract awarded to Ferrovial Construction Group". Manila Bulletin. March 18, 2024. Retrieved June 20, 2025.
  16. "Hotel101 becomes first Filipino firm to list on Nasdaq". Rappler . June 27, 2025. Retrieved June 27, 2025.
  17. "How It Works". Hotel101 Global. June 23, 2023. Retrieved June 20, 2025.
  18. Pascual, Jekki (April 23, 2024). "Hotel 101 a 'basic' hotel going global: Injap Sia". ABS-CBN News. Retrieved June 20, 2025.
  19. Remo, Amy R. (March 10, 2018). "'Condotel' investment 101". Philippine Daily Inquirer. Retrieved June 20, 2025.
  20. Songco, Pauline (October 12, 2024). "Hotel101 topped off in Cebu". Daily Tribune. Retrieved June 20, 2025.
  21. 1 2 "DoubleDragon: Hotel101-Cebu fully sold, opening in 2025". BusinessWorld. October 10, 2024. Retrieved June 20, 2025.
  22. Dumlao-Abadilla, Doris (August 22, 2017). "DoubleDragon building Mindanao's biggest hotel". Philippine Daily Inquirer. Retrieved June 20, 2025.
  23. "Megawide, DoubleDragon start construction of Hotel 101 in Quezon City". BusinessWorld. July 9, 2024. Retrieved June 20, 2025.