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
HOTEL101 MAKES HISTORY AS FIRST PHILIPPINE COMPANY ON US NASDAQ
Latest from News
President Ferdinand Marcos Jr. has authorized the Bureau of Internal Revenue (BIR) to submit and unseal
A Pasig court has suspended the implementation of the P85 daily wage hike in Metro Manila
Defense Secretary Gilbert Teodoro Jr. is calling for an audit of the Bases Conversion and Development
The Department of Social Welfare and Development (DSWD) is expanding its processing centers to assist more
Vice President Sara Duterte questioned the International Criminal Court’s (ICC) drug war case against former President