Forex
Hotel101 Madrid Sees Strong Booking Performance with Over 45,000 Bookings
DoubleDragon Corporation's subsidiary, Hotel101 Global Inc., has reported strong booking results for its 680-room Hotel101 Madrid. The hotel, which launched in March 2026, has received over 45,000 bookings, generating approximately €5.44 million in revenue (around Php 387 million).
The company anticipates that its Hotel101 subsidiary will grow into a leading local brand and expand internationally, bringing substantial US dollar inflows to the Philippine economy.
Hotel101 Madrid has been named the Official Hotel Partner for the Formula 1 Spanish Grand Prix from 2026 to 2035 through an exclusive deal with MATCH Hospitality Europe. The hotel offers modern amenities such as an all-day dining restaurant and two swimming pools.