This additional milestone is expected to further materially increase the unit sales revenue of Hotel101 Global from unit buyers in various parts of the world
The first three Hotel101 overseas projects are expected to generate inflows of US$471 Million (Php27.2 Billion) in foreign currency revenues to DoubleDragon
Out of the Hotel101 Global’s One (1) Million operating hotel rooms global target by 2050, 50,000 are intended to be in the Philippines, which is expected to further cement the position of DoubleDragon’s Hotel101 to become the largest hotel company in the Philippines and simultaneously become one of the Top 5 hotel companies in the world
The asset-light Hotel101 unique and novel concept with one type of room all throughout its ecosystem at an average of about 500 rooms per site, allows DoubleDragon to generate revenue and income twice — first from the preselling of the Hotel101 units, then second, after the project is constructed, it generates recurring revenues from its hotel operations
Hotel101 adopts dynamic pricing on its room rates via the Hotel101 Global App where its room price moves up and down depending on the real-time supply and demand on the chosen date of booking
