Hotel101 Global Pte. Ltd, the global hotel expansion subsidiary of listed property developer DoubleDragon Corp., signed on Wednesday the executive master sales agency agreement with H2 Christie’s International Real Estate.
H2 Christie’s will be the sole principal sales and marketing of Hotel101’s first international project, the Hotel101-Niseko located in Niseko Hokkaido Japan.
DoubleDragon said H2 Christie’s may also tap sub-agents under it to market the Hotel101-Niseko units that would come with the perpetual titled individual unit ownership in the sprawling 1.17 hectare free-hold titled land of Hotel101-Niseko.Units in the Hotel101-Niseko located in Hokkaido, Japan is expected to generate $128.88 million or P7.12 billion in sales.
The Hotel101- Niseko units are seen as a solid investment since the unit owners are able to directly and perpetually own a real estate hard asset through the full ownership of the unit through a condominium title.
Hotel101-Niseko is one of the first three overseas projects of Hotel101 that are expected to drive its goal of becoming a global brand. The other two projects are in Madrid Spain and in California USA. In near term, Hotel101 Global aims to have a presence in the Philippines, Japan, Spain, USA, United Kingdom, UAE, India, Thailand, Malaysia, Vietnam, Indonesia, Saudi Arabia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France and China by 2026.
