HOTEL101 GLOBAL Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., has launched Hotel101-Madrid, marking its first project in Europe and the primary Filipino homegrown hotel brand to operate overseas.
The 680-room Hotel101-Madrid, situated in Madrid’s Valdebebas district, has began accepting bookings, the corporate said in a press release on Tuesday.
“This landmark opening represents a historic milestone for the corporate and can make history today because the first-ever Filipino homegrown hotel brand to operate overseas,” the corporate said.
Hotel101-Madrid offers its signature “HappyRoom” units with kitchenettes and four-star amenities, including swimming pools, function rooms, a business center, a full-size gym, the HBNB Kitchen restaurant by Valencia’s Grupo La Sucursal, a convenience store, a laundry room, greater than 200 parking spaces, and a 24/7 reception.
The corporate said guests will receive the identical Hotel101 experience offered at its properties in other markets.
Hotel101-Madrid is among the many five largest hotels in Spain based on room count.
The property is situated minutes from Madrid-Barajas Airport, across from a train station, and near IFEMA, Spain’s largest convention center, with links to the town center and business districts.
It is usually situated near Ciudad Real Madrid, the training complex of Real Madrid, and the planned Formula 1 Madrid Grand Prix circuit, which the corporate said may attract sports and event visitors. The hotel targets each business and leisure travelers in search of modern and reasonably priced accommodations in Madrid.
Hotel101 currently operates nine properties within the Philippines and is developing projects in Hokkaido, Japan, and Los Angeles in the US.
In November last 12 months, the corporate signed a three way partnership agreement to develop a 429-room condotel on a 1.4-hectare site in San Donato Milanese, marking its second planned project in Europe because it expands overseas.
Hotel101 Global had a market capitalization of about $1.9 billion, or roughly P113 billion, as of March 9, 2026.
The corporate operates an asset-light prop-tech hospitality platform that uses a standardized global condotel business model.
DoubleDragon shares went up by 0.11% to shut at P9.30 each on Tuesday. — Alexandria Grace C. Magno