DoubleDragon Corp. is gearing up for even higher occupancy at Hotel101-Madrid, its first operational international property, after reaching a new milestone, according to Philstar Biz.
The property in the Spanish capital has been ramping up operations as DoubleDragon expands its Hotel101 brand globally. The company has positioned Hotel101 as a standardized hotel format and has been building a pipeline of properties across multiple countries, with the Madrid project serving as a test case for its international rollout.
The milestone underscores DoubleDragon's strategy to grow recurring revenue from hospitality alongside its traditional real estate development business. Further occupancy gains will likely depend on sustained travel demand and the hotel's competitiveness in Madrid's crowded market, as well as the company's ability to replicate this performance in other planned Hotel101 locations.