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Draft:Hotel101 Global

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  • Comment: Also, please remove external links from the body of the article. Utopes (talk / cont) 02:27, 11 September 2024 (UTC)
  • Comment: A list of 25 country name projects is not encyclopedic. Please ensure the only information in the draft is that of which has been significantly covered by secondary, independent, reliable sources, per Wikipedia's notability guidelines. Utopes (talk / cont) 02:25, 11 September 2024 (UTC)



Hotel101 Global Pte. Ltd.
Company typePrivate / Subsidiary
IndustryHotel / Property Investment
HeadquartersPLUS Building, Singapore
Area served
Worldwide
Key people
ServicesProperty Investment / Hotel
ParentDoubleDragon Corporation
Website

Hotel101 Global

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Hotel101 Global Pte. Ltd. is a multinational mid-market segment hotel chain. The Singapore-registered company is the hotel expansion subsidiary of DoubleDragon Corporation, a Philippine-based development company owned by Edgar Sia and Tony Tan Caktiong.[1]

Its hotels operate with a condotel business model where investors can purchase room ownership, and the company builds, operates, and manages the hotels.[2][3]

As of 2024, the brand manages two operating properties in the Philippines while nine more are being built.[1] Three overseas projects are also underway, namely in Japan, Spain, and United States.[4][5][6]

The company is led by Chief Executive Officer (CEO) Hannah Yulo-Luccini, with Chief Development Officer (CDO) Catherine Chan overseeing global expansion projects.[7] Hotel101 Global is headquartered in Singapore, in CapitaLand’s PLUS Building. [8][9][10]

Room Design and Investment Model

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Standardized Guest Rooms

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Hotel101 Global features only one room type across its properties. The hotel is designed to align with 3-star hotel standards, so each room has a private bathroom, television, work desk, and air conditioning. [11] The rooms measures 21 square meters and is furnished with a queen bed and a single bed. Rooms also contain a kitchenette, equipped with a mini-refrigerator and microwave. [12][13][14]

Condotel Model

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Hotel101 Global's revenue model consists of two primary stages: the initial sale of units before construction completion and subsequent income from managing hotel operations.[2] In this model, investors can buy a unit/s and receive a portion of the revenue from the hotel's operations. The uniformity of all the rooms allow for equal distribution of revenue among unit owners.[15]

History

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In 2016, Hotel101 Manila opened in Pasay City.[16] In 2020, the property was accredited as a Stringent Quarantine facility during the COVID-19 pandemic, serving as accommodations where travelers coming in from outside the country could spend the government-required quarantine period.[17][18]

In 2023, Hotel101 Fort opened in Taguig City.[19] In the same year, the brand initiated its international expansion, with construction starting on new properties in Niseko, Japan, and Madrid, Spain.[20]

Hotel Branches

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Hotel101 Global's branches currently include the following properties (as of 2024):

International Projects
Name Location Rooms Status
Hotel101 - Niseko Hokkaido, Japan 482[21] under construction[21]
Hotel101 - Madrid Madrid, Spain 680[22] under construction[22]
TBA Los Angeles, USA 622[23] TBA

Hotel101 Global's Philippines branches include the following properties (as of 2024):

Philippine Projects
Name Rooms Status
Hotel101 - Manila 518[24] open[24]
Hotel101 - Fort 606[25] open[25]
Hotel101 - Davao 519[26] under construction[26]
Hotel101 - Libis 702[27] under construction[28]
Hotel101 - Cebu-Mactan 548[29] under construction[30]

References

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  1. ^ a b Burgos, Jonathan. "Philippine DoubleDragon's Hotel101 Merges With SPAC, Listing On Nasdaq". Forbes. Retrieved 2024-11-22.
  2. ^ a b Hosteltur. "Condohotel y golden visa, nuevo modelo de negocio en Madrid". Hosteltur: Toda la información de turismo (in European Spanish). Retrieved 2024-11-22.
  3. ^ Greene, Susan (2015-05-15). "Business Travelers Invest in Their Own Hotel Rooms, Condo Hotels in Business Markets". Condo Hotel Center. Retrieved 2024-11-22.
  4. ^ Graphic, Philippines (2024-04-19). "Commitment to Sustainability and Eco-Friendly Standards pact signed Today in Hokkaido Japan". Philippines Graphic. Retrieved 2024-11-22.
  5. ^ Press, Europa (2024-03-13). "Abre en 2025 en Valdebebas el Hotel 101, el quinto de mayor tamaño en la región y cercano al circuito de F1 en Ifema". www.europapress.es. Retrieved 2024-11-22.
  6. ^ "Hotel101 to Go Public and Enter Los Angeles Market". Los Angeles Times. 2024-04-11. Retrieved 2024-11-22.
  7. ^ Club, G. R. I. "Catherine Chan | Hotel 101 Global | GRI Club Platform". GRI Club. Retrieved 2024-11-22.
  8. ^ "20 Cecil Street (PLUS Building) | By CapitaLand | Official Listing". PropertyFactSheet. Retrieved 2024-11-05.
  9. ^ "Hotel101 opens Singapore offices". The Manila Times. 2023-10-11. Retrieved 2024-09-11.
  10. ^ Camus, Miguel R. (2023-10-11). "Globalizing Hotel101 opens hub in Singapore". INQUIRER.net. Retrieved 2024-09-11.
  11. ^ "Understanding 3 Star Hotels: A Comprehensive Guide - Hotel F & B". 2023-07-18. Retrieved 2024-11-08.
  12. ^ "Hotel101 establishes global sales and corporate hub in Singapore – Hospitality News Philippines". 2023-10-10. Retrieved 2024-11-05.
  13. ^ Leylander (2023-07-17). Hotel 101 Manila Room Tour + First Time in Binondo & BGC. Retrieved 2024-11-05 – via YouTube.
  14. ^ Lee, Rachel AJ (April 3, 2024). "Hotel 101 targets 25-country expansion with standardised room model". TTG Asia Media. Retrieved November 22, 2024.
  15. ^ Street, Gary (2019-09-11). "Buying and Investing in Hotel Rooms | Sterling Woodrow". Investment Property UK | Sterling Woodrow. Retrieved 2024-11-08.
  16. ^ Mercurio, Richmond. "DoubleDragon to unveil new Hotel101 projects". Philstar.com. Retrieved 2024-11-22.
  17. ^ . doi:10.17658/issn.2058-5462/issue-03/hmhughes/p9 http://dx.doi.org/10.17658/issn.2058-5462/issue-03/hmhughes/p9. Retrieved 2024-11-22. {{cite web}}: Missing or empty |title= (help)
  18. ^ "Facilities Inspected as of June 11, 2020". Bureau of Quarantine. June 11, 2020. Retrieved November 22, 2024.
  19. ^ Piad, Tyrone Jasper C. (2023-05-30). "Hotel 101 opening in BGC by July". INQUIRER.net. Retrieved 2024-11-22.
  20. ^ "Hotel101 reaches Japan, Spain, and USA - The Filipino Times". 2024-04-30. Retrieved 2024-11-22.
  21. ^ a b Bote, Jia (2024-06-01). "DoubleDragon to unleash new Hotel 101 projects". Daily Tribune. Retrieved 2024-09-10.
  22. ^ a b Mercurio, Richmond. "Hotel101-Madrid breaks ground". Philstar.com. Retrieved 2024-09-10.
  23. ^ Camus, Miguel R. (2023-11-14). "DoubleDragon's Hotel101 enters mainland US". INQUIRER.net. Retrieved 2024-09-10.
  24. ^ a b "Hotel101 Global". Hospitality Net. Retrieved 2024-11-05.
  25. ^ a b Diamantopoulos, George (2024-09-09). "Hotel101-Fort named Official Residence for Miss Asia Pacific 2024". TravelDailyNews Asia & Pacific. Retrieved 2024-11-05.
  26. ^ a b Cator, Currie (April 25, 2024). "Two of the Philippines' Biggest Hotels Are Expected to Open in Cebu and Davao This Year". Esquire. Retrieved November 22, 2024.
  27. ^ News, The Philippine Business and (2023-07-04). "DoubleDragon gets greenlight to pre-sell H101-Libis Bridgetowne". THEPHILBIZNEWS. Retrieved 2024-11-22. {{cite web}}: |last= has generic name (help)
  28. ^ Austria, Jenniffer B. (2024-07-09). "Megawide starts Hotel101 construction in Quezon City". Manila Standard. Retrieved 2024-11-05.
  29. ^ Standard, Manila (2024-10-13). "DoubleDragon tops off Hotel101-Cebu Mactan". Manila Standard. Retrieved 2024-10-16.
  30. ^ TEAM, Property Report PH (2024-10-17). "DoubleDragon tops off Hotel 101 Cebu Mactan Airport". Property Report. Retrieved 2024-11-05.