Hotel101 sets $300-M US capital raising

MANILA, Philippines — DoubleDragon Corp.’s subsidiary Hotel101 Global is moving forward with a $300-million capital-raising plan in the United States to accelerate its global expansion. In a disclosure filed with the US Nasdaq, the company led by tycoons Edgar Sia II and Tony Tan Caktiong said the proposed offering—equivalent to about P18 billion—would support the