Hotel101 opens Madrid hotelMANILA, Philippines — Hotel101 Global Holdings Corp., the Nasdaq-listed subsidiary of DoubleDragon Corp., has officially opened its first European project, the 680-room Hotel101-Madrid in Spain. DoubleDragon said the hotel is an ideal base for visitors attending world-class events and business meetings and enjoying tourism in Madrid. “The hotel is now operational and will begin generating recurring revenue, forming a key part of Hotel101 Global’s global expansion strategy,” DoubleDragon said. Customers can now book a room at Hotel101-Madrid via the Hotel101 App or via several hotel booking platforms. It seeks to disrupt the global hotel and hospitality sector through its tech-enabled business model, positioning it to generate revenue twice: first from the advance sale of individual hotel units during the construction phase and second from long-term, recurring revenue from day-to-day hotel operations.

Source: Philippine Star March 10, 2026 16:42 UTC