Hotel101 Global Eyes $300 Million U.S. Capital Raise to Accelerate Global Expansion
Hotel101 Global Holdings Corp. (NASDAQ: HBNB), the global hospitality platform of DoubleDragon Corporation, has announced that its Board of Directors has approved the proposed issuance of up to US$300 million (approximately ₱17.7 billion) in perpetual convertible preferred shares, subject to market conditions and regulatory approvals. The proposed fundraising marks a significant step in strengthening the company’s capital base as it accelerates its worldwide growth strategy.
The planned issuance, which may be conducted in one or more tranches in 2026, is expected to be offered primarily through private placements to qualified institutional buyers under Rule 144A of the U.S. Securities Act, and/or through registered offerings, subject to applicable legal and regulatory requirements. The transaction remains subject to the engagement of underwriters and advisors, completion of definitive agreements, and satisfaction of customary conditions and approvals. As such, there is no assurance that the offering will be completed on the terms or within the timeframe contemplated.
Proceeds from the proposed transaction are intended to support the continued expansion of Hotel101 Global’s prop-tech, asset-light hospitality model. The company plans to deploy capital toward the development of Hotel101 projects across multiple international markets, primarily through joint ventures and licensing arrangements with established local partners. This approach is designed to enable scalable, capital-efficient growth while leveraging on-the-ground expertise in each market.
Hotel101 Global’s expansion strategy is aligned with its long-term vision of establishing and operating one million standardized Hotel101 rooms in 100 countries. Central to this ambition is the company’s “HappyRoom” concept and condotel structure, which aim to deliver consistent, high-quality, and affordable accommodations worldwide.
As of January 16, 2026, Hotel101 Global has a market capitalization of approximately US$2.3 billion (₱139 billion), underscoring investor confidence in its growth trajectory. The proposed capital raise is also expected to further strengthen the balance sheet of its parent company, DoubleDragon Corporation, whose total assets stood at ₱217.3 billion as of September 30, 2025.
By leveraging its U.S. listing, DoubleDragon Group continues to position itself to access deep and diversified capital markets, supporting long-term value creation for shareholders, partners, and guests as Hotel101 Global advances toward its next phase of international expansion.
