DoubleDragon Corporation Credits Overseas Expansion For Record Yearly Revenues
What Is DoubleDragon’s Hotel101 expansion plan for 2026?
DoubleDragon Corporation, the investment holding and real estate development company behind global hospitality chain Hotel 101, reported its highest yearly revenue to date, posting P27.91 billion for the financial year 2025.
DoubleDragon’s 2025 revenues rose 56.3% from its 2024 numbers, according to a press release published by the company on June 1, 2026.
The company attributed the P10.05 billion revenue increase to new revenue from its overseas operations.
New overseas projects that opened in 2025 include a Hotel101 Global location in Madrid, making Hotel101 the first Filipino hotel chain to open overseas.
DoubleDragon subsidiary Hotel101 Global Holdings Corp. (HBNB) also began trading in the US Nasdaq Stock Exchange on July 1, 2025, becoming the first Filipino company to be listed on a United States stock exchange.
HBNB’s listing enables DoubleDragon “to gain access to the deep capital markets in the United States for its pipeline of equity and capital raises,” the Jun 1, 2026 press release stated.
2026 Expected To Be the Year of Growth
2026 will be the year with Hotel101’s highest room openings, according to DoubleDragon. Hotel101 will open 2,229 rooms this year, including the 608 rooms opened in Madrid.
Hotel101 will open new locations in Davao, Madrid, and Hokkaido, Japan.
DoubleDragon will also see its revenue grow from its portfolio of provincial community mall leasing, industrial warehouse leasing, and office leasing, alongside its hospitality sector.
DoubleDragon Lays Out Future Ambitions
DoubleDragon shared its ambition to increase its total revenue by 1,800% from its P27.9 billion revenues in 2025.
In its June 1 press release, the company outlined the following five goals it aims to achieve by 2035:
- Exceed P500 billion pesos in global consolidated annual revenues and exceed P50 billion in net income level by 2035.
- Become fully nurtured to an optimal level, its existing hard asset portfolio in Luzon, Visayas, and Mindanao, and complete its footprint in all 82 provinces in the Philippines by 2035, held directly or through its subsidiaries.
- Enable Hotel101 Global to have planted its footprint in 100 countries worldwide by 2035.
- Become a totally debt-free company by 2035,
- Generate annual cash dividends exceeding P12 billion annually by 2035.
DoubleDragon expects core revenues and income to rise in 2026. This follows a more costly 2025, which was impacted by one-time U.S. Nasdaq listing expenses and the rollout of HBNB’s employee stock option plans, according to the June 1 press statement.
Frequently Asked Questions
DoubleDragon Corporation reported P27.91 billion in total revenues for financial year 2025 — its highest on record — representing a 56.3% increase from its 2024 figures. The company attributed the P10.05 billion uplift to new revenue from overseas operations.
Overseas operations were the primary growth driver, with the 2025 opening of Hotel101 Madrid — the first Filipino hotel chain to open abroad — contributing new revenue streams. The Nasdaq listing of Hotel101 Global Holdings Corp. in July 2025 also expanded the company’s access to US capital markets.
Hotel101 Global Holdings Corp. is DoubleDragon’s hospitality subsidiary and the operator of the Hotel101 international brand. Its listing on the US Nasdaq Stock Exchange on July 1, 2025 made it the first Filipino company listed on an American stock exchange, opening access to US equity and capital markets.
Hotel101 will open new properties in Davao, Madrid, and Hokkaido, Japan in 2026, with a total of 2,229 rooms projected to open that year — the highest single-year room count in the brand’s history. The 608 rooms already opened in Madrid are included in that figure.
By 2035, DoubleDragon aims to exceed P500 billion in annual global revenues, achieve net income of P50 billion, establish Hotel101 in 100 countries, complete its Philippine provincial portfolio across all 82 provinces, become fully debt-free, and generate over P12 billion in annual cash dividends.
