On October 10, 2023, DoubleDragon Corporation’s subsidiary Hotel101 Global Pte. Ltd. officially opened and formally begun the operation of both its Global Corporate Office and Global Sales Hub in Singapore.
DoubleDragon purchased aprime office space located at the 4th floor of PLUS Building, 20 Cecil Street at the heart of Raffles Place in Singapore for Hotel101 Global Pte Ltd’s Global Corporate Office. The Global Sales Hub is also located in the same building at the Ground Floor of PLUS Building.
The Hotel101 Global Sales Hub in Singapore has the newest version of Hotel101’s signature 21 square meter HappyRoom equipped with its worldwide standard features such as the Queen bed and Single bed using Emma Sleep mattresses, IOT (Internet Of Things) App operable smart lighting using one single type of bulb, 55 inch smart TV, work desk, universal power outlets, electronic device charger ports, kitchenette with refrigerator and microwave, and an ensuite modern pre-fabricated bathroom.
The new Hotel101 Global look has been designed for construction and operational efficiency, optimizing the use of modular furniture and fixtures as well as the use of prefabricated bathrooms. Hotel101 is expected to become known as one of the most technologically advanced hotel chains across all parts of its value chain. The next version of the Hotel101 App is set to integrate the fully automated self-check-in system with IOT capability.
For its signature look, Hotel101 has chosen the ‘banig’ – the traditional handwoven mat of the Philippines. Banigs are where Filipino families would gather, form lasting bonds and shape memories. The banig symbolizes home, and that’s how we want you to feel when you are staying at Hotel101. The Hotel101 banig colors were carefully chosen to radiate happiness and intended to evoke a Filipino touch in all Hotel101 projects across different countries worldwide. The Hotel101 signature modern banig was designed by AI (Artificial Intelligence) to symbolize that Hotel101 will always stay ahead of the curve in technological advances.
“If there is one hotel chain that can optimize the use of modern technology in the global hospitality space, we believe it will be Hotel101, given its pioneering standardized signature 21sqm HappyRooms and asset-light concept globally,” said DoubleDragon Chairman Edgar Injap Sia II.
“Eventually, when you stay in any Hotel101, no matter what country you are in, for the first time you will know exactly what to expect,” added Mr. Sia.
“The Hotel101 Global Corporate Office functions as the hub for our team members that are based in different countries as we form the right mix of experienced team members that will efficiently lead the expansion of the Hotel101 Unique and Asset-Light business model simultaneously in various countries,” said Hotel101 Global CEO Hannah Yulo-Luccini.
“We invite everyone to drop by the Hotel101 Sales Hub at the Ground Floor of PLUS Building in Singapore and grab some complimentary Filipino Blend Coffee, just download the free Hotel101 Global Booking App for entry and that’s it,” added Ms. Yulo-Luccini.
Hotel101’s Unique Asset-Light Business Model
Hotel101’s unique and pioneering hybrid condotel business model comes with having only one type of room unit type across its global ecosystem making it extraordinarily efficient to build and operate. The highly portable Hotel101 concept also allows it to expand and create the uniform worldwide inventory through direct development, joint venture, and licensing.
Hotel101’s Asset-Light concept allows DoubleDragon to generate revenue and income twice, first from the pre- selling of the condotel units, then second after the project is constructed it generates long term recurring revenue from the enrolled units in operating the hotel.
Hotel101 rooms globally are intended to be typical or similar in size and look catering to the mid- end market, enabling a highly efficient booking process allowing guests to know exactly what to expect in a Hotel101 wherever it may be located.
The concept patent of Hotel101’s pioneering condotel concept has already been filed and the Hotel101 trademark and country specific domains have been secured in various countries globally.
The Hotel101 App for both Apple iOS and Android that is designed to efficiently work in multi countries is currently being developed. Hotel101 adopts dynamic pricing on its room rates similar to airline tickets where its room price moves up and down depending on the real time supply and demand on the chosen date of booking.
Hotel101 Overseas Expansion
The first three overseas Hotel101 projects will be in Niseko Hokkaido Japan, Madrid Spain and California USA. These first three overseas sites will serve as bridge projects to jumpstart the transition of Hotel101 to transcend beyond these first three countries and become a global brand with a truly unique business concept that can be planted in over 100 countries.
Target near term expansion roadmap for Hotel101 Global Pte. Ltd. is to be in these first 25 countries by 2026 namely: Philippines, Japan, Spain, USA, United Kingdom, UAE, India, Thailand, Malaysia, Vietnam, Indonesia, Saudi Arabia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France and China.
Strengthening the Base, Positioning Globally.
The DoubleDragon team has currently two specific and straightforward goals. Firstly, for DoubleDragon’s Philippine portfolio to fully mature and reach its optimal revenue generation level by 2025. And secondly, for DoubleDragon’s Offshore Hotel101 Global portfolio to gain significant market grip overseas by 2025.
“Given that the world economy is getting more and more fragile and volatile, we deemed it imperative, that the only way to future-proof itself is to passionately pursue the target of DoubleDragon’s revenues to be derived from geographically diversified sources, that eventually over the longterm, we aim that no single country will contribute over 10% of DD’s revenue and income,” said DoubleDragon Chairman Edgar Injap Sia II.
“But of course, your company DoubleDragon Corporation, will remain to be a deep-rooted Filipino company at its core forever. And your DD team will never stop at any point, doing its unconditional responsibility, to continually be a significant contributor in Nation-Building, with our common goal towards a first world Philippines,” added Mr. Sia.
*To avail of the complimentary Filipino Blend coffee at the Hotel101 Global Sales Hub in Singapore, just download the free Hotel101 Global Booking App, available until further notice from 9:00am to 6:00pm Mondays to Saturdays