DoubleDragon’s Hotel101 Madrid Sees Strong Bookings After Launch

DoubleDragon Corporation’s subsidiary, Hotel101 Global, reported strong early booking performance and high occupancy at its 680-room Hotel101 Madrid, its first operational international property, which opened in March 2026.

Hotel101's strong performance signals growing traction in the European market and supports the company’s push to expand recurring revenue streams globally. (Photo: Hotel101 - Madrid Facebook)

Since opening bookings, the hotel has recorded more than 45,000 room nights, generating approximately €5.44 million (about ₱387 million) in revenue. The strong performance signals growing traction in the European market and supports the company’s push to expand recurring revenue streams globally.

Hotel101 properties in the Philippines—including the 519-room Hotel101 Manila and the 606-room Hotel101 Fort—continue to operate at high occupancy levels.

Hotel101 Madrid has been designated as an official hotel partner for the Formula 1 Spanish Grand Prix from 2026 to 2035 through an agreement with MATCH Hospitality Europe.

Located in Valdebebas, Madrid, the property is positioned near key infrastructure, including a train station, convention complex, and the Real Madrid training complex, as well as Madrid-Barajas International Airport.

The hotel features amenities such as an all-day dining restaurant, swimming pools, fitness center, business facilities, and a mobile app enabling digital check-in and key access.

DoubleDragon is set to expand its hospitality footprint further in 2026, with 2,229 additional rooms scheduled to open across Madrid, Davao, Cebu, and Niseko, Japan.

The upcoming 482-room Hotel101 Niseko will mark the group’s entry into the Japanese market and is expected to generate recurring revenue in yen upon opening in December 2026.

The company said it continues to tap capital markets in the Philippines and the United States to strengthen its balance sheet, targeting a total equity base of ₱500 billion.