Hotel101 Global Holdings Corp., a Nasdaq-listed subsidiary of DoubleDragon Corp., is entering Thailand after signing binding agreements with Thailand-based Origin Property PCL to jointly develop Hotel101-Bangkok, as reported by BusinessWorld.
The 770-room property will rise on an 8,336-square-meter site along a location that was not disclosed in the statement. This marks Hotel101’s first hotel project in Thailand, expanding its footprint outside the Philippines.
The venture underscores Hotel101’s strategy to replicate its standardized hotel model internationally, leveraging partnerships with local developers. DoubleDragon Corp., which also holds a stake in the project, continues to diversify its real estate portfolio through its hospitality arm.