The Hotel101 – Cebu Mactan Airport project has been completely sold out in just 21 months since pre-sales began; more than one year before the target completion date
Hotel101’s pipeline of secured land inventory in Cebu, Libis, Boracay, Palawan and Bohol is expected to generate P18.14 billion in revenue, excluding dollar revenues from Hotel101 overseas projects.
About Hotel101-Cebu Mactan Airport Project
Hotel of Asia, Inc., a hotel subsidiary of DoubleDragon Corporation (“DoubleDragon”) the company is pleased to announce that it has completely sold out its latest project, Hotel101–Cebu Mactan Airport (the “Project”), just 21 months after its launch. more than one year before the initial sale and target completion date. With 548 rooms, Hotel101-Cebu Mactan Airport is set to become the largest airport hotel in the Visayas and Mindanao regions and is currently under construction on a 5,493-square-meter prime commercial space along Cebu Mactan Airport Terminal Road near Mactan Marina Mall.
With Hotel101–Cebu Mactan Airport as a new addition, Hotel101 now has a significant strategic footing towards its immediate goal of becoming the most popular branded hotel chain in the country and eventually in other parts of the world.
“Having just fully sold the 548-room Hotel101-Cebu Mactan Airport project and fully sold the first two Metro Manila Hotel101 projects, the 606-room Hotel101-Fort and the 518-room Hotel101-Manila, we are excited to announce the launch soon. From our third Hotel101 project in Metro Manila and first in Quezon City, the 745-room Hotel101-Libis Bridgetowne at E. Rodriguez Avenue, Libis Quezon City,” said DoubleDragon Chief Investment Officer Hannah Yulo-Lucini.
About Hotel101’s new HappyRoom global look; AI (Artificial Intelligence) designed by Hotel101 Banig accent design; The Hotel101-Cebu Mactan Airport project will be the first to adopt HappyRoom’s new global look.
Hotel101–Cebu Mactan Airport is set to be the first Hotel101 project to adopt Hotel101’s new global version of the 21 sqm standardized HappyRoom.
The new Hotel101 global look is designed for construction and operational efficiency, optimizing the use of modular furniture and fixtures, as well as prefabricated bathrooms. Hotel101 is expected to be recognized as one of the most technologically advanced hotel chains in all parts of its value chain. The next version of the Hotel101 app is designed to integrate a fully automated self-checkout system with IOT (Internet of Things) capability.
For its signature look, Hotel101 chose banig, a traditional hand-woven carpet from the Philippines. Banigs are places where Filipino families gathered, formed lasting bonds, and formed memories. Bennig symbolizes home and we want you to feel at home at Hotel101. Hotel101’s colors have been carefully selected to radiate happiness and are designed to evoke the Filipino spirit in all Hotel101 projects around the world.
Hotel101 modern cheese was designed by AI (Artificial Intelligence) to symbolize that Hotel101 will always stay ahead of technological advancements.
“Hotel101 Global has spent several months crafting the ultimate hotel room, we’ve scrutinized every detail of the newly signed 1 SKU Hotel101 HappyRoom to ensure it can be the most efficient way to build and maintain a hotel room while performing. every essential need to delight the growing number of Hotel101 customers from around the world.
If there is one hotel chain that can optimize the use of modern technology in the global hospitality space, we think it would be Hotel101, given its leading standardized 21 sqm “HappyRooms” and asset light concept worldwide.
After all, when you stay at any Hotel101, no matter what country you’re in, for the first time you’ll know exactly what to expect,” said Edgar Injap Sia II, DoubleDragon Corporation and Hotel101 Global Chairman. :
As previously disclosed, Hotel101’s inventory pipeline from secured primary title lands in CEBU, LIBIS, BORACAY, PALAWAN and BOHOL was expected to generate P18.14 billion in revenue, excluding dollar revenues from Hotel101’s overseas projects.
Hotel 101 adopts dynamic pricing on its room rates, similar to airline tickets, where the room price moves up and down based on real-time supply and demand on the selected booking date.
The Asset Light Hotel 101 concept allows DoubleDragon to generate revenue and income twice, first from the initial sale of Happy Rooms, then after the project is built, it generates long-term recurring revenue from hotel operations.
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Read: DoubleDragon subsidiary Hotel101 Global has acquired 6,593 square meters of prime commercial land in Madrid, Spain