HOTEL101 MAKES HISTORY AS FIRST PHILIPPINE COMPANY ON US NASDAQ

Hotel101 Global, a subsidiary of DoubleDragon Corp., became the first Filipino-owned company to be listed on the US Nasdaq, with shares set to start trading on July 1, 2025, under the ticker symbol “HBNB.”

This milestone follows the approval of Hotel101’s business combination with JVSPAC Acquisition Corp., valuing the company at $2.3 billion.

DoubleDragon chairman Edgar “Injap” Sia II and Hotel101 CEO Hannah Yulo-Luccini emphasized the historic nature of the listing and the company’s vision to become a leading global hospitality brand.

Hotel101 aims to expand globally with plans to operate one million rooms in over 100 countries, including projects in Spain, Japan, the US, and a $2.5 billion joint venture in Saudi Arabia.

The listing opens new capital opportunities and positions Hotel101 to disrupt the hospitality industry with its asset-light, technology-driven platform.

Source: PhilNews24 | June 29, 2025

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