Hotel101-Madrid posts record single-day revenue

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May 20, 2026 | 12:00am

MANILA, Philippines — Hotel101 Global Inc., the Nasdaq-listed subsidiary of DoubleDragon Corp., continues its winning streak with its first operational international property achieving record single-day revenue generation at full occupancy.

Hotel101 Global said its 680-room Hotel101-Madrid in Spain has achieved a company record of more than €100,000, or about P7.18 million, in recurring room revenues in a single day on May 19.

The company said the record performance underscores the accelerating momentum and strong demand for the new hotel, which officially opened in March 2026.

Hotel101-Madrid is the first Hotel101-branded property to operate outside the Philippines.

“This record single-day performance at 100 percent occupancy provides support for demonstrable, strong demand for the property and illustrates the property’s potential to generate substantial recurring revenues,” Hotel101 Global said.

“This milestone revenue achieved today of more than €100,000 for a single day is expected to translate to highly sizable recurring hotel revenues annually, further validating the success of the company’s asset-light, prop-tech hospitality model and its focus on long-term recurring revenue generation from the Hotel101 global portfolio,” it said.

Last month, Hotel101 Global reported that the newly opened hotel in Spain has registered strong performance and a high occupancy rate since it began accepting bookings.

The company said over 80 percent of the hotel guests are from Europe, North America and Latin America.

Hotel101-Madrid is located on a prime 6,593- square-meter site and is one of the top five largest hotels in Madrid by room count.

It has been designated as the official hotel partner for the Formula 1 Spanish Grand Prix from 2026 to 2035 through an exclusive agreement with MATCH Hospitality Europe.

Hotel101 Global said Hotel101 Madrid serves as the global prototype for Hotel101 Global and functions as the primary operating springboard for the company’s international expansion.

Hotel101 Global’s vision is to develop one million standardized rooms across 100 countries, with the ultimate goal of becoming the world’s largest single-brand hotel chain.

The company is targeting to open 2,229 hotel rooms this year, including 680 rooms in Madrid that opened in March, followed by 519 rooms in Davao, 548 rooms in Cebu and 482 rooms in Niseko, Hokkaido, Japan.

Hotel101-Niseko in Hokkaido Japan is set to open in December, marking the company’s formal entry into the Japanese market.