Hotel101 Global Hits Record Valuation as Melbourne Expansion Advances Global Footprint
Hotel101 Global Holdings Corp. (NASDAQ: HBNB), the asset-light, prop-tech hospitality platform and a subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD), has reached its highest equity valuation to date at US$2.34 billion (approximately ₱139 billion) since commencing trading on the Nasdaq Stock Exchange on January 16, 2026. The milestone underscores growing investor confidence in Hotel101’s globally standardized “condotel” business model and its aggressive international expansion strategy.
Hotel101’s continued growth further strengthens DoubleDragon Corporation’s balance sheet, reinforcing the Group’s portfolio of prime titled hard assets and contributing to its ₱101.3 billion total equity. The Company’s expansion trajectory remains firmly on track toward its long-term goal of operating in 100 countries worldwide, with a disciplined focus on prime, strategic locations across major global cities.
As part of this expansion, Hotel101 Global announced the signing of definitive binding agreements for the development of a 766-room Hotel101 in the heart of Melbourne’s Central Business District, located at 540 Flinders Lane, Melbourne, Australia. Scheduled for completion in 2029, Hotel101-Melbourne marks the Company’s entry into one of Australia’s most dynamic and globally connected urban centers.
The property will rise along the iconic Flinders Lane, a prime CBD address known for its cultural vibrancy, boutique retail, renowned dining scene, and proximity to major landmarks such as Federation Square, Flinders Street Station, the Yarra River, and the Southbank entertainment precinct. Its central location offers immediate access to key transport hubs, free tram zones, and major sporting and cultural venues, positioning the hotel as a preferred choice for both leisure and business travelers.
Hotel101-Melbourne is also strategically located to benefit from Melbourne’s year-round calendar of major international events, including the Australian Open, Formula 1 Australian Grand Prix, Melbourne International Comedy Festival, and the Melbourne Cup Carnival—events that consistently drive tourism demand and hotel occupancy.
The project is expected to generate approximately AU$323.6 million (around ₱12.6 billion) in sales revenue, contributing meaningfully to Hotel101 Global’s expanding international portfolio. In line with Hotel101’s global standards, the Melbourne property is designed to offer four-star amenities at accessible price points, including modern standardized rooms, 24/7 reception, all-day dining, meeting and conference facilities, swimming pools, a full-size gym, business center, rooftop bar, ample parking, and family-friendly amenities.
The development remains subject to customary national, regional, and municipal regulatory approvals. Once completed, Hotel101-Melbourne will further cement Hotel101 Global’s presence in key international markets and reinforce DoubleDragon Corporation’s strategy of building a globally diversified portfolio anchored on prime, high-value locations.
