DoubleDragon Corporation announced the completion of the building facade for its 482-room Hotel101-Niseko in Japan, with interior fit-out works ongoing. The hotel is expected to open in December 2026, marking DoubleDragon's expansion into the Japanese market.
DoubleDragon Corporation, through its subsidiary Hotel101 Global, has signed definitive agreements to develop a 770-room Hotel101 in Bangkok, Thailand. This project is part of the company's global expansion strategy and is expected to generate approximately US$58 million in sales revenue.
DoubleDragon Corporation announced the opening of Hotel101-Davao, which will feature 519 rooms and is positioned as the largest hotel in the Mindanao region. This opening is part of the company's broader strategy to expand its hospitality portfolio and generate recurring revenues.
DoubleDragon's founder announced that nearly 99% of MM shareholders tendered their shares in exchange for a combination of cash and DD shares. The message outlines the company's ambitious growth targets, aiming for a revenue increase of 1,800% by 2035.
DoubleDragon Corporation announced that its Hotel101-Madrid has reached 100% occupancy on June 10, 2026, just three months after its opening on March 10, 2026. The hotel generated over $2.3 million USD (approx ₱141 million pesos) in recurring room revenues in the past 30 days, indicating strong market demand.
DoubleDragon Corporation announced a record high total revenue of P27.91 billion for FY 2025, reflecting a 56.3% increase from P17.86 billion in FY 2024. The growth was primarily driven by fresh revenues from overseas operations as the company transitions to core revenue generation.
DoubleDragon Corporation's Hotel101-Madrid reached 100% occupancy on May 19, 2026, generating over €100,000 (approx Php 7.18 Million) in single-day recurring room revenues. This milestone highlights strong demand for the property and supports the company's international expansion strategy.
DoubleDragon Corporation has announced a tender offer to acquire MerryMart Consumer Corp. shares at Php 0.48 per share, which is 20% higher than MerryMart's current trading price. This acquisition is part of DoubleDragon's strategy to transition into a diversified investment holding company and aims to increase its total equity base to Php 500 Billion.
DoubleDragon Corporation's subsidiary, Hotel101 Global, has reported over 45,000 hotel night bookings at its newly opened 680-room Hotel101-Madrid, generating approximately Php 387 Million in revenues. This strong performance is indicative of the hotel’s potential for continued revenue generation in the European market.
DoubleDragon Corporation's subsidiary, Hotel101 Global Holdings Corp., has disclosed a $300 million Series A perpetual preferred share offering in the U.S. This funding aims to support the strategic expansion of Hotel101 projects worldwide, including the recent opening of Hotel101-Madrid.
stockbayan
