Hotel101 eyes $300-M US fundraising in the US

MANILA, Philippines — Homegrown hotel chain developer Hotel101 Global Holdings Corp. plans to raise up to $300 million, or about P17.7 billion, through the proposed issuance of perpetual convertible preferred shares in the United States. In a disclosure, DoubleDragon Corp. said its board had approved the proposed fundraising of its hospitality subsidiary. This will be carried