It is the first-ever Filipino homegrown hotel brand to operate overseas.
On Tuesday, March 10, DoubleDragon Corporation announced that its subsidiary, Hotel101 Global Holdings Corp., has officially opened to the public Hotel101-Madrid, its first European project.
The 680-room Hotel101-Madrid, located in the Valdebebas district of Madrid, features the brand’s signature “Happy Room” units, each equipped with a kitchenette, and 4-star amenities at affordable prices—including swimming pools, function rooms, a business centre, full-size gym, convenience store, laundry room, over 200 parking soaces, and 24/7 reception, which offers guests the exact same Hotel101 experience found at every property worldwide.
There is also an all-day dining restaurant called HBNB Kitchen, which is operated by the award-winning Grupo La Sucursal from Valencia.
“This landmark opening represents a historic milestone for the company and will make history today as the first-ever Filipino homegrown hotel brand to operate overseas,” underscored the company.
The new branch is also one of the Top 5 largest hotels in the whole of Spain and is strategically located minutes away from Madrid-Barajas International Airport, across the train station and close to IFEMA—the largest convention complex in Spain.
Moreover, the new property offers exceptional connectivity and easy access to the city centre, business districts, and major attractions, per the company. “It is perfectly positioned to serve both leisure and business travelers seeking modern, affordable, and high-quality accommodations in Spain’s vibrant capital.“
It is also located directly beside the iconic Ciudad Real Madrid training complex and in close proximity to the new Formula 1 Madrid Grand Prix circuit.
“The hotel is now operational and will begin generating recurring revenue forming a key part of Hotel101 Global’s global expansion strategy,” added the corporation which positions itself as the leading asset-light, prop-tech hospitality platform pioneering a global standardized “condotel business model listed on the Nasdaq Stock Exchange.