DoubleDragon Corporation’s hospitality arm is ramping up its global expansion drive, with subsidiary Hotel101 Global Holdings Corp. advancing a planned US$300 million (about P18 billion) Series A perpetual preferred share offering in the United States.
Hotel101 Global Holdings Corp., an asset-light, prop-tech hospitality platform and a subsidiary of listed DoubleDragon Corp., has signed definitive and binding agreements to develop a 766-room Hotel101 property in the heart of Melbourne’s central business district, marking a major milestone in its global expansion push.
Listed property developer DoubleDragon Corp. posted a modest rise in earnings for the first nine months of 2025 even as revenues surged, driven by the continued expansion of its recurring-income portfolio and the global rollout of its Hotel101 brand.
DoubleDragon Corp. expects an anticipated interest rate cut by the Bangko Sentral ng Pilipinas later this week to bolster market reception for its P10.9 billion retail bond scheduled in September.
DoubleDragon Corp., a listed property developer, posted a P2.37 billion consolidated net income for the first half of the year, a 44 percent increase year-on-year, backed by robust property revenues and strategic expansion.
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