For the first time DD's Foreign Currency revenues contributed majority or 59.03% of its quarterly total Core Revenues as the global expansion of its novel and unique Hotel101 prop-tech business model began to gain significant momentum in various countries
DD's subsidiary Hotel101 Global made a significant leap forward after it has opened its fully sold out perfected global prototype in Madrid Spain with 680 operating rooms
Hotel101 Global's business model generates revenues and income twice, firstly from sale of units, and secondly generates recurring revenues from hotel operations
DoubleDragon Corporation is expected to become one of the major US Dollar currency inflow generator to the Philippine economy
DD's core revenues both in the Philippines and Overseas continue to jump up after many years that the DD team have passionately planted and diligently nurtured the right hard assets in the right places, and by carefully innovating the nuts and bolts of its business lines in the past several years, and the durable trees now positioned in the Philippines and abroad are now starting to produce recurring valuable fruits
DoubleDragon’s Core Net Income for the first nine months of 2026 increased by 253.59% year-on-year to P3.91 Billion
Notably, DoubleDragon continues to demonstrate a significant acceleration in its core operating performance, with the Company’s third-quarter results reflecting a substantial increase in revenues and earnings. This marks a significant milestone in the Company’s continuing transition towards recurring and core operating revenues in the Philippine operations and globally
As of September 30, 2026, DoubleDragon’s Total Assets reached P256.82 Billion, increasing by P31.56 Billion from P225.26 Billion as of December 31, 2025
Total Equity reached P107.02 Billion as of September 30, 2026, increasing by P5.41 Billion from year-end 2025
Worth noting too that DoubleDragon is one of the - if not the only listed investment holding company with business in the property sector that do not have any ongoing residential condominium project under development in its portfolio. DD also do not have any exposure to the large BPO locators
DoubleDragon’s Consolidated Revenues for the first nine months of 2026 reaches P20.78 Billion, about double or 98.76% higher than the same period last year
DoubleDragon’s Core Revenues for the first 9 months of 2026 reaches P20.78 Billion, increasing by 143.65% versus the same period last year
DoubleDragon’s Net Income for the third quarter of 2026 reaches P1.13 Billion, increasing more than 6 folds from P183.67 Million in the same period last year
This strategy aligns with Hotel101 Global’s disciplined, asset-light, prop-tech hospitality model and supports the Company’s ultimate vision of developing one million standardized rooms across more than 100 countries, with the goal of becoming the world’s largest single-brand hotel chain
DD has generated significant increase in its core revenues and core income, and DD expects an even higher jump in its core revenues by the second half of this year 2026, driven by the continued generation of core revenues from its easing portfolios, new mall openings, new warehouses, new office tenants, new MerryMart supermarkets and mainly from the expected new unit sales from Hotel101 projects in the Philippines and from several countries overseas
DoubleDragon Group continues to tap various capital initiatives to further strengthen its balance sheet and boost its overall progress towards its 2035 Vision
To date, DoubleDragon is the first and only Filipino company that has a subsidiary listed on the U.S. NASDAQ Stock Exchange, enabling DoubleDragon to gain access to the deep capital markets in the United States for its pipeline of equity and capital raises |
DoubleDragon believes that gone are the days when Philippine companies bring in foreign brands and concepts to the Philippines or copying what works abroad to the Philippine market, but rather developing a truly unique and differentiated branded business models in the Philippines and then export it to the rest of the world would have a far larger and lasting positive impact to the Philippine economy
The DoubleDragon team is committed to put in the necessary hard work, entrepreneurial grit and perseverance towards this vision and eventually aims to make Hotel101 a truly global brand operating in various jurisdictions worldwide, and eventually bring a pinch of pride and honor to our fellow Filipino countrymen.
Given this trajectory, DoubleDragon Corporation is expected to achieve its P500 Billion Total Core Revenue goal ahead of time before its 2035 target |