DoubleDragon's Hotel 101 Breaks Ground In Madrid, Spain

DoubleDragon Corporation has broken ground for the 680-room Hotel101-Madrid in a ceremony in Madrid, Spain.

Hotel101-Madrid is strategically positioned for the opening just ahead of the Madrid F1 Grand Prix, situated adjacent to the hotel. I Photo: Hotel101-Madrid

Esteemed guests including the Minister of Economy, Finance, and Employment of the Region of Madrid, Rocio Albert Lopez-Ibor, and the Philippine Ambassador to Spain, Philippe J. Lhuillier, were in attendance.

DoubleDragon revealed to the Philippine Stock Exchange (PSE) that renowned Ferrovial Construction has been awarded the construction contract for the project.

Leading the twin milestone events were DoubleDragon Chairman Edgar Injap Sia II, Hotel101 CEO Hannah Yulo-Luccini, and DoubleDragon Co-Chairman Tony Tan Caktiong. Officers of Ferrovial Construction Group, represented by Juan Luis Junguito Oppelt, Belen Marquina Susin, and Manuel Angel Sanz Pecharroman, along with Equicom Group Chairman Antonio L. Go, were also present.

DoubleDragon emphasized Ferrovial's stature as one of Spain's largest construction companies. Full-scale construction of the hotel is slated to commence in April 2024, with completion scheduled for the fourth quarter of 2025.

Hotel101-Madrid is strategically positioned for the opening just ahead of the Madrid F1 Grand Prix, situated adjacent to the hotel. DoubleDragon envisions Hotel101-Madrid to rank among the top 5 largest hotels in Madrid, Spain.

Situated on a prime commercial property spanning 6,593 square meters along Avenida Fuerzas Armadas, Valdebebas, Madrid, Hotel101-Madrid is surrounded by major landmarks.

It boasts excellent connectivity, being a short 3-minute walk from the Valdebebas Train Station, a 4-minute walk from the IFEMA convention complex, a 5-minute walk from the Real Madrid Sports Complex, and approximately 7 minutes from the new Madrid Barajas International Airport.

WEEKLY FEATURE : Jose Mari Chan And The Christmas Anthem