DoubleDragon Corporation celebrated a major construction milestone today, July 17, 2026, with the official topping-off ceremony of Hotel101-Libis. Marking the completion of the building’s structural frame and topmost floor, this highly anticipated development is officially poised to become the largest hotel in Quezon City, boasting a massive inventory of 702 rooms.
Strategically situated within Robinsons Land’s premier Bridgetowne Estate, Hotel101-Libis is located just a few walking steps from the Robinsons Opus Mall. This prime location offers unmatched convenience and accessibility, positioning the hotel as a key hub for both business and leisure travelers in the bustling district of Libis.
A Global Vision in Motion
The launch of Hotel101-Libis is a crucial stepping stone in the grand Hotel101 Global Vision, which aims to establish 50,000 uniform Hotel101 rooms in the Philippines and a staggering 1 million rooms worldwide.
This year, 2026, stands as a banner year for DoubleDragon, marking the highest number of room openings in a single year for the company. A total of 2,229 additional hotel rooms are slated to become operational in 2026, starting with the recently opened 680-room Hotel101-Madrid in Spain. This will be quickly followed by the launch of the 519-room Hotel101-Davao later this month on July 30, 2026, the 548-room Hotel101-Cebu, and the 482-room Hotel101-Niseko in Hokkaido, Japan.
Pioneering the “HBNB” Hospitality Model
What sets DoubleDragon apart from traditional developers is its transition into a highly unique, asset-light “HBNB” (Hotel & Condotel) business model. This pioneering concept allows the company to organically develop and export its hospitality brand globally, licensing its unique model to secure long-term recurring revenue streams. While domestic properties like the 518-room Hotel101-Manila and the 606-room Hotel101-Fort continue to consistently operate at exceptionally high occupancy levels, the brand’s international venture is already seeing massive success.
The recent opening of Hotel101-Madrid last March 2026 showcased record-breaking performance, underscoring the strong global demand for the brand. The property achieved a milestone single-day performance of 100% occupancy, generating over €100,000 Euros in a single day. This proof of concept translates to highly sizable recurring annual revenues, validating the success of the company’s prop-tech hospitality model.
Boosting the Philippine Economy
DoubleDragon’s global expansion is set to eventually become a major driver of foreign currency inflows to the Philippine economy. The company has been on a historic run: in 2025, Hotel101 made history as the first-ever Filipino company to have a subsidiary listed on the U.S. Nasdaq, and this year, it became the first Filipino hotel chain brand to actively operate overseas.
With total assets currently standing at ₱225.3 Billion Pesos, DoubleDragon is positioned to generate a high volume of recurring revenues starting this year across its diverse portfolio—ranging from provincial community mall leasing, industrial warehouses, and offices, to its rapidly growing domestic and international hospitality arm.
Driven by entrepreneurial grit and perseverance, the DoubleDragon team remains fully committed to establishing Hotel101 as a truly competitive global brand, ultimately bringing a well-deserved sense of pride and honor to Filipinos worldwide.