THIS PROPOSED $300 MILLION USD (APPROX Php 17.7 BILLION PESOS) CAPITAL RAISE IS THE SECOND MAJOR STEP OF DD'S SUBSIDIARY HOTEL101 GLOBAL TO TAP THE VERY DEEP CAPITAL MARKETS IN THE U.S. THAT IS EXPECTED TO FUEL AND RAMP UP THE PROP-TECH, ASSET-LIGHT HBNB BUSINESS MODEL TOWARDS ITS NEXT GROWTH STAGE OF WORLDWIDE EXPANSION ALIGNED WITH ITS GOAL TO MULTIPLY ITS HOTEL101 TYPICAL ROOMS TO 1 MILLION UNITS IN 100 COUNTRIES
THE STEP IS ALSO EXPECTED TO FURTHER BOOST THE BALANCE SHEET OF HOTEL101 GLOBAL'S PARENT COMPANY - DOUBLEDRAGON CORPORATION
HOTEL101 GLOBAL (NASDAQ: HBNB) AS OF 01.16.26 HAS A MARKET CAPITALIZATION OF $2.3 BILLION USD (APPROX Php 139 BILLION PESOS)
DOUBLEDRAGON'S TOTAL ASSET BASE AS OF SEPT 30, 2025 STANDS AT Php 217.3 BILLION PESOS
LISTING IN THE U.S. STOCK EXCHANGE IS EXPECTED TO CONTINUOUSLY ENABLE DD GROUP TO ACCESS SIZABLE EQUITY CAPITAL
January 23, 2026 – Hotel101 Global Holdings Corp. (NASDAQ: HBNB) (“HBNB,” “Hotel101 Global” or the “Company”) announced today that its board of directors (the “Board”) has approved the proposed intention to offer, subject to market conditions and other factors, perpetual convertible preferred shares (the “Preferred Shares”) to raise up to USD 300 million, in one or more private placements to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”)) pursuant to Rule 144A under the Securities Act and/or in one or more registered offerings, subject to applicable legal and regulatory restrictions (the “Proposed Transaction”).
The Proposed Transaction is subject to engagement of underwriters, placement agents and other third parties, entry into definitive agreements, satisfying (or obtaining the waiver of) on a timely basis the conditions in the definitive agreements expected to be entered into, relevant approvals from and required registrations and filings with relevant regulatory authorities and other factors and conditions. There can be no assurance that the Proposed Transaction will occur at all, or be completed in the time frame, on the terms or in the manner described herein.
The Proposed Transaction is expected to mainly fuel the prop-tech, asset-light HBNB business model towards its next growth stage of worldwide expansion. The Proposed Transaction is anticipated to occur in 2026 and may be conducted in one or more tranches.
The Company intends for the net proceeds from the Proposed Transaction to be applied towards mainly fueling the Company's strategic expansion of Hotel101 projects worldwide, advancing its innovative, asset-light, technology-enabled hospitality platform.
For 2026, the Company is targeting securing commitments for a substantial portfolio of rooms across multiple countries, primarily via joint ventures and licensing agreements with established local partners. This approach enables efficient, scalable growth while leveraging regional expertise.
These milestones form a key part of Hotel101 Global's long-term vision towards its goal to eventually establish and operate one million Hotel101 rooms across 100 countries.
Through its standardized "HappyRoom" model and condotel structure, the Company aims to deliver consistent, high-quality, affordable hospitality on a truly global scale, creating enduring value for investors, partners and guests alike.
The Board has authorized management to engage underwriters, placement agents, financial advisors and legal counsel, as necessary, to assist in the Company’s pursuit, preparation and execution of the Proposed Transaction. |
About Hotel101 Global
Listed on Nasdaq (Ticker: HBNB) with a market capitalization of approx. US$2.34 billion as of January 16, 2026. Hotel101 is an asset-light, prop-tech hospitality platform pioneering a global standardized “condotel” business model. Hotel101 aims to disrupt the global hotel and hospitality sector through its unique tech-enabled business model that positions it to generate revenues twice: first from the advance sale of individual hotel units during the construction phase; and second, from long-term recurring revenue derived from day-to-day hotel operations. The expansion of Hotel101 towards its long-term goal to operate in 100 countries globally is expected to be driven mainly by joint ventures and license agreements with local developers in various countries worldwide.
Hotel101 Global expects to start accepting hotel guests at Hotel101-Madrid, the first global Hotel101 project expected to become operational, by March 2026. The Hotel101 Global Group is advancing its global expansion plans towards its medium-term goal to be in 25 countries and its long-term goal of operating one million Hotel101 rooms in 100 countries globally.
About DoubleDragon Corporation
DOUBLEDRAGON IN JUST ABOUT 10 YEARS HAS COMPLETED OVER 1.5 MILLION SQUARE METERS OF DIVERSIFIED ASSET PORTFOLIO CONSISTING OF A CHAIN OF PROVINCIAL COMMUNITY MALLS IN LUZON, VISAYAS AND MINDANAO, OFFICE BUILDINGS IN METRO MANILA, HOTELS IN THE PHILIPPINES AND OVERSEAS, AND WAREHOUSE COMPLEXES AROUND THE COUNTRY.
DOUBLEDRAGON IS ONE OF THE FEW COMPANIES THAT OPERATES ITS MODERN COMMUNITY MALLS IN THE COUNTRYSIDE, AS FAR AS COTABATO CITY, KORONADAL CITY, DIPOLOG CITY IN ZAMBOANGA DEL NORTE AND ISULAN SULTAN KUDARAT THAT FURTHER STIMULATES THE COUNTRYSIDE LOCAL ECONOMY, BUT AT THE SAME TIME ENABLES THE POSITIVE ECONOMIC GROWTH TO BE FELT BY THE REAL PROVINCIAL COUNTRYSIDE. DOUBLEDRAGON IS ONE OF THE VERY FEW COMPANIES THAT HAS COMMERCIAL INVESTMENT AS FAR AS BASILAN SULU IN THE BANGSAMORO AUTONOMOUS REGION.
DOUBLEDRAGON EXPECTS ITS HOTEL101 SUBSIDIARY BEING AN ASSET-LIGHT BUSINESS MODEL TO BECOME ONE OF THE MAJOR HOMEGROWN BRAND AND BUSINESS MODEL EXPORT TO OTHER COUNTRIES THAT WOULD GENERATE A SIGNIFICANT US DOLLAR INFLOW TO THE PHILIPPINE ECONOMY. |
DoubleDragon CorporationDD