Hotel101 Global Holdings Corp., the condotel development arm of DoubleDragon Corp., will begin trading on the Nasdaq Stock Exchange this Tuesday, July 1, under the ticker symbol HBNB.
The listing follows Hotel101’s merger with JVSPAC Acquisition Corp., a special purpose acquisition company (SPAC) incorporated to help private firms tap US capital markets.
Shareholders approved the merger on June 24, and the combined company now holds a deemed equity value of $2.3 billion.
“Hotel101 is the first Filipino-owned company to list and trade on Nasdaq,” the firm said in a disclosure late last week.
Company officials marked the milestone with a ceremonial bell-ringing on Nasdaq’s trading floor in New York on Friday.
Analysts said the listing is likely to cascade benefits to parent firm DoubleDragon, which holds Hotel101 as a wholly owned subsidiary.
“Whatever happens with Hotel101’s Nasdaq listing will reflect on DoubleDragon,” Seth Pangan, trader at Diversified Securities Inc., said
Hotel101 said its “asset-light, technology-driven platform” will enable it to scale rapidly, with plans to establish a global presence across 100 countries and 1 million rooms.
“Hotel101 was born from a simple, revolutionary idea — a ‘one room’ global hotel brand delivering consistent comfort and irresistible value worldwide,” Hannah Yulo-Luccini, Hotel101’s CEO, said.
The brand’s expansion strategy is backed by existing projects and signed deals in key global markets:
Hotel101-Madrid, a 680-room flagship development beside the new Formula 1 Spanish Grand Prix Circuit in Valdebebas, is slated for completion in December 2025.
It has signed a 10-year official partnership with MATCH Hospitality AG to serve as a hotel partner for the F1 Spanish Grand Prix from 2026 to 2035.
In May 2025, Hotel101 signed a joint venture agreement with Saudi Arabia’s Horizon Group to develop up to 10 hotels, subject to final contracts.
Construction is underway for Hotel101-Niseko, a 482-room project in Hokkaido, Japan.
The company has also secured a site in Los Angeles, marking its entry into the US market.
In addition, Hotel101 is pursuing five more joint ventures and targeting 25 priority markets in the medium term.
Hotel101 operates as a condotel — a hybrid of condominium and hotel — offering investors a way to earn from short-term stays while maintaining long-term asset value.
The brand currently has two operating properties in the Philippines, with several more in development.
