Hotel101 Global Holdings Corp. (Hotel101 or “HBNB”) is a prop-tech hospitality platform designed for rapid growth. It has been approved to list its shares on the Nasdaq Stock Exchange. Trading will begin on July 1, 2025. Hotel101 celebrated today by ringing its U.S. Public Listing Opening Bell.
The ticker symbol will be “HBNB”, following the completion of Hotel101’s expected business combination with JVSPAC Acquiring Corp. (Nasdaq : JVSA), approved by JVSPAC Shareholders on June 24, 2025.
Hotel101 is the Philippines’ first listed company on Nasdaq. Its deemed equity at closing was US$2.3 billion. Hotel101, a subsidiary listed in the Philippines as DoubleDragon Corporation PSE: DD), is a publicly traded company.
Hotel101 has reached a major milestone on its journey to becoming the first global hotel chain with a single room. Hotel101 began with a simple and revolutionary idea: A global ‘one-room’ hotel brand offering consistent comfort and irresistible values worldwide. Our technology-driven platform, which is asset-light and designed to scale quickly, allows us to disrupt the global hospitality industry by offering 1 million rooms in 100 different countries. Hannah Yulo Luccini is the CEO of Hotel101
DoubleDragon is the first Filipino company to have a listed subsidiary on Nasdaq. This is a testament to the commitment of all those who have helped Hotel101 reach this international stage. And we’re just getting started – with a globally scalable model and a long runway ahead, we aim to redefine the industry and become a leading global hospitality brand working towards our vision of an inventory of 1 million Hotel101 rooms globally. Edgar “Injap” Sia II is the Chairman and CEO at DoubleDragon Corporation, and founder of Hotel101.
Accelerating global growth
Hotel101’s management believes that Hotel101 properties are efficient to build, maintain, and operate – as well as scale and expand through direct development, joint venture partnerships, and franchise arrangements. Building on the success of Hotel101-branded properties in the Philippines – where there are two operating properties and a number under development – Hotel101 intends to accelerate its global expansion plans.
Hotel101-Madrid is scheduled to be completed in December 2025. The 680-room project will be located adjacent to the Formula 1 (F1) Spanish Grand Prix Circuit, in Valdebebas. Hotel101 has signed a 10 year agreement with MATCH Hospitality AG to become the official hotel of the F1 Spanish Grand Prix in 2026-2035.
Hotel101 and Horizon Group signed a contract in May 2025 to establish, subject to further contracts, a joint venture to develop up to 10 hotels within Saudi Arabia. Hotel101 is confident in the dynamic tourism market of Saudi Arabia, which is one of the fastest growing markets globally according to Vision 2030.
Construction has begun on Hotel101 Niseko, a 482-room facility in Hokkaido. A site has been secured by the company in Los Angeles (California), marking its entry to the U.S. Hotel101 is also actively pursuing 5 additional joint ventures to further advance its goal of having a presence on 25 priority markets within the next few years.
Hotel101’s unique business model
Hotel101 believes its global “one-room” hotel chain is set to disrupt the hospitality sector by offering identical hotel rooms worldwide. Hotel101 is a firm believer in standardization as it brings efficiency and enhanced customer service, especially to the value segment.
Hotel101 simplifies operations, development and the guest experience by using identical hotel units. Hotel101’s proprietary app has more than 1 million users registered and serves as a platform for reservations. Guest services, loyalty programs, and guest services are all centralized on the app. It uses dynamic pricing and allows self-checkin, which is made possible by only having one type of hotel room. Hotel101 aims to be a global leader in efficiency, predictability and scalability.
The asset-light prop-tech model of Hotel101 is designed to maximize value for unit owners as well as guests. Hotel101 generates revenue in two ways: first from pre-selling individual hotel units, during the construction phase, and then from long-term, recurring revenue from hotel operations after the completion of each unit. Hotel101 can generate upfront capital by pre-selling standard hotel units. This allows them to expand quickly and fund new projects. The long-term contracts it has with unit owners provide a steady and recurring income stream.
Hotel101’s goal is to bridge the gap that exists between traditional hotels, and fragmented marketplaces for hospitality. Hotel101’s business model allows individual condominium unit holders to directly own hotel units while maintaining brand consistency and professional hotel management. Hotel101’s Management believes that their properties will be accepted more readily in the communities they operate, as all Hotel101 assets are built to be hospitality assets.
Hotel101 Global Holdings Corp.
Hotel101, headquartered in Singapore, is a prop-tech platform that pioneers a global standard “condotel’ business model. Hotel101’s unique business model, which is tech-enabled, aims at disrupting the global hospitality sector. The platform generates revenues in two ways: from the sales of individual units during the construction phase and from long-term revenue generated by the day-to-day operations.
Hotel101 has nine Hotel101 branded properties in the Philippines, which are at various stages of development and operation. There are also three projects being developed overseas in Hokkaido Japan, Madrid Spain, and Los Angeles United States. Hotel101 and Horizon Group signed an agreement in May 2025 to establish, subject to further contract, a joint-venture for the development up to 10 Saudi Arabian hotels. Hotel101 has a goal to operate one million rooms in 100 different countries, initially focusing on 25 priority countries. Hotel101, a subsidiary listed on the Philippine Stock Exchange (PSE: DD), is a global hotel chain.
