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Hotel101 Global Tops Off Hotel101-Niseko in Hokkaido, Japan on Track for December 2026 Opening
Globenewswire· 2025-12-05 12:07
Core Insights - Hotel101-Niseko, located in Hirafu, Hokkaido, Japan, is set to be one of the largest hotels in the area with 482 rooms and is on schedule for completion by December 2026 [1][4][9] Company Overview - Hotel101 Global Holdings Corp. is a subsidiary of DoubleDragon Corporation and is listed on Nasdaq under the ticker HBNB, with a market capitalization of approximately US$1.5 billion as of December 4, 2025 [11] - The company is pioneering a global standardized "condotel" business model, aiming to disrupt the hospitality sector through a tech-enabled approach that generates revenue from both the advance sale of hotel units and ongoing hotel operations [11] Project Details - The topping-off ceremony for Hotel101-Niseko was held on December 5, 2025, marking the completion of the building structure, with interior finishing work to follow [3][4] - The hotel is strategically located about 2 minutes by shuttle from ski lifts, making it an attractive destination for winter sports enthusiasts [1][5] Amenities and Features - Hotel101-Niseko will offer a range of amenities including an all-day dining restaurant, dedicated meeting spaces, an indoor swimming pool, hot mineral onsen bath, sauna, wellness facilities, and ski-in/ski-out convenience [10] - The hotel aims to provide practical comfort tailored to modern travelers, including families and groups [6][7] Market Position - Niseko attracts over two million international visitors annually, solidifying its reputation as Asia's premier alpine destination, and Hotel101-Niseko is positioned to become a landmark in this global playground [8]
Hotel101 Global Announces a Joint Venture with Definitive Binding Agreements Signed for the Development of Hotel101 in Milan, Italy
Globenewswire· 2025-11-29 05:34
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]
HOTEL101 PROGRESSES TOWARDS NASDAQ LISTING
Prnewswire· 2025-06-02 14:10
Company Overview - Hotel101 Global Holdings Corp. is set to merge with JVSPAC Acquisition Corp., with the SEC declaring the registration statement on Form F-4 effective, facilitating the business combination [1][3][13] - The business combination values Hotel101 at an equity value of US$2.3 billion, and upon completion, it will be the first Filipino-owned company listed on Nasdaq under the ticker symbol "HBNB" [3][4] Business Model - Hotel101 operates an asset-light, prop-tech hospitality platform that utilizes a standardized "condotel" model, allowing individual real estate unit ownership while enhancing guest experiences [4][5][10] - The company generates revenue through two streams: pre-selling hotel units during construction and long-term management contracts for hotel operations, creating a stable revenue model [8][9] Market Strategy - Hotel101 aims to disrupt the hospitality industry by offering identical, standardized hotel rooms globally, enhancing efficiency particularly in the value segment [6][7] - The company has plans for international expansion into key markets, including Japan and the U.S., and aims to establish a global footprint in 100 countries, with 25 priority countries identified for medium-term growth [11][12] Technology and Operations - Hotel101's proprietary app, with over one million registered users, centralizes reservations, guest services, and loyalty programs, adopting dynamic pricing and self-check-in features [7][8] - The company believes its model will set new standards for efficiency and scalability in the hospitality sector, benefiting both unit owners and guests [6][11] Leadership and Vision - The CEO of Hotel101, Hannah Yulo-Luccini, emphasizes the company's vision of becoming a global one-room hotel chain, focusing on efficiency and scalability [4] - Edgar "Injap" Sia II, Chairman and CEO of DoubleDragon Corporation, expresses confidence in Hotel101's potential for rapid international growth, supported by the company's experience in real estate [5][11]