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Business

Hotel101 chain expands to the US

Iris Gonzales - The Philippine Star
Hotel101 chain expands to the US
Edgar “Injap” Sia II

MANILA, Philippines — DoubleDragon Corp.’s subsidiary, Hotel101 Global, is expanding to the United States.

The company expects sales revenues of about P10 billion or $183 million from the Hotel101-Los Angeles project, targeted to be a new leisure destination in the West Coast.

Hotel101 Global has already secured a 3,647-square meter prime corner commercial lot in Los Angeles for the planned 622-room hotel, which will be the first Hotel101 development in the US.

DoubleDragon chairman Edgar “Injap” Sia II said the pandemic has not prevented the company from proceeding with its growth plans including Hotel101-Los Angeles.

“As history has taught us, major economic recessions have actually served as a launchpad for many inspiring entrepreneurs to leap forward. These temporary periods of dislocation and chaos have created rare windows of opportunity for their businesses to strengthen their market grip and enable many of them to become what we know today as the world’s most incredible and durable businesses,” Sia said.

This step completes the first three strategic overseas sites of Hotel101 in Japan, Spain and the US, and is set to enable Hotel101 to transcend as a truly global brand, said Hannah Yulo-Luccini, CEO of Hotel101 Global Pte. Ltd.

The Hotel101-Los Angeles site is in the Westlake North District of Los Angeles. It is conveniently located about five minutes away from downtown LA, Dodger Stadium and the previous Staples Center.

It is also only about a 10-minute drive to Hollywood and about 20 minutes away from Beverly Hills. The Los Angeles International Airport (LAX) is only about a 20-minute drive.

Hotel101-LosAngeles features an all-day dining restaurant, a business center, swimming pool and a fitness gym, as well as commercial space for a 24-hour convenience store.

It also includes a large convention center and function rooms with views of the entire Los Angeles skyline.

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DOUBLEDRAGON CORP.

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