$HBNB

Hotel101 Global Holdings Corp.

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Hotel101 eyes $300-M US fundraising in the US

Hotel101 Global Holdings Corp., a homegrown hotel chain developer, plans to raise up to $300 million through the issuance of perpetual convertible preferred shares in the United States. This fundraising, approved by parent company DoubleDragon Corp., aims to accelerate the global rollout of Hotel101's standardized projects and strengthen DoubleDragon's balance sheet. The company targets expansion into 100 countries with its "HappyRoom" model and expects its first global project, Hotel101-Madrid, to open by March 2026.

DoubleDragon’s Hotel101 to build largest Melbourne hotel

Hotel101 Global Holdings Corp., a subsidiary of DoubleDragon Corp, announced a new 766-room hotel development in Melbourne, Australia, which is expected to be the city's largest by room count upon its targeted completion in 2029. The project is strategically located in Melbourne's central business district and is projected to generate Au$323.6 million in sales revenue. This development is part of Hotel101 Global's ambitious strategy to operate in 100 countries using a standardized condotel model, building on its recent Nasdaq listing under the ticker HBNB.

Hotel101 Global to develop 766-room Melbourne condotel

Hotel101 Global Holdings Corp., the hospitality arm of DoubleDragon Corp., announced plans to develop a 766-room condotel in Melbourne, Australia, slated for completion by 2029. The project, named Hotel101-Melbourne, is expected to generate A$323.6 million (P12.6 billion) in sales and will be the largest hotel in Melbourne by room count. Located in the central business district, it will offer four-star amenities at affordable prices.