Core Insights - Hotel101 Global Holdings Corp. is expanding its presence in Europe with a new 429-room hotel in San Donato Milanese, Milan, Italy, marking a significant milestone in its growth strategy [3][6] - The hotel is projected to generate approximately EUR 85.8 million in sales revenue, contributing to the company's global expansion efforts [6][10] - The development aligns with Hotel101's commitment to sustainable urban hospitality, incorporating energy-efficient designs and community-integrated amenities [8] Location Advantages - The hotel is strategically located about 7.1 kilometers from Linate Airport, providing quick access for travelers [5] - It is approximately 4 kilometers from the Metro Milano San Donato, allowing guests to reach central Milan in about 12 minutes [5] - The site is situated in a vibrant community with high visibility along the Autostrada del Sole, enhancing its appeal to both leisure and business travelers [4][5] Project Details - The hotel will occupy a 1.4-hectare prime site and is expected to be one of the top three largest hotels in Milan by room count [1][3] - Hotel101-Milan is anticipated to be completed by 2028 and will offer 4-star amenities at affordable prices [7][6] - The project is part of a broader strategy that includes developments in Niseko, Japan, Madrid, Spain, and Los Angeles, USA [6][11] Business Model - Hotel101 operates under a unique asset-light, prop-tech hospitality model, allowing it to generate revenue from both the advance sale of hotel units and ongoing hotel operations [10][12] - The company aims to disrupt the hospitality sector with its globally standardized "condotel" business model [10] - Hotel101 aspires to operate 1 million rooms across 100 countries, with a focus on expanding its footprint in priority markets [11][12]