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HomeNewsDoubleDragon’s 548 Room Hotel101-Cebu Mactan Airport now 100% Bought Out

DoubleDragon’s 548 Room Hotel101-Cebu Mactan Airport now 100% Bought Out

DoubleDragon’s 548 Room Hotel101-Cebu Mactan Airport now 100% Bought Out

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Hotel101 – Cebu Mactan Airport venture absolutely bought out in simply 21 months from the beginning of pre-selling; over a yr forward of goal completion date

Hotel101 pipeline of stock from secured prime titled land websites in Cebu, Libis, Boracay, Palawan and Bohol anticipated to generate P18.14 Billion in revenues, excluding the greenback revenues to be generated from the Hotel101 abroad tasks.

Hotel101's new global version of signature HappyRoom
Hotel101’s new international model of signature HappyRoom

About Hotel101-Cebu Mactan Airport Mission

DoubleDragon Company’s (“DoubleDragon”) resort subsidiary, Resort of Asia, Inc. is happy to announce that it has absolutely bought out its most lately launched venture– Hotel101–Cebu Mactan Airport (“the venture”) in simply 21 months from the beginning of pre-selling and over a yr forward of goal completion date. Hotel101-Cebu Mactan Airport with its 548 rooms is poised to be the most important airport resort within the Visayas and Mindanao Area and at present ongoing development on a 5,493 sq. meter prime business lot alongside the Cebu Mactan Airport Terminal Street close to Mactan Marina Mall.

With Hotel101–Cebu Mactan Airport as a brand new addition, Hotel101 now has the important strategic seeds in place in the direction of its close to time period objective of turning into the top-of-mind branded resort chain within the nation and ultimately, in different components of the world.

“Having simply absolutely bought out the 548 room Hotel101-Cebu Mactan Airport venture, and having absolutely bought out the primary two Metro Manila Hotel101 tasks– 606 room Hotel101–Fort and 518 room Hotel101–Manila, we’re excited to very quickly announce the beginning of our third Hotel101 venture in Metro Manila and first in Quezon Metropolis, the 745 room Hotel101-Libis Bridgetowne in E.Rodriguez Avenue, Libis Quezon Metropolis,” mentioned DoubleDragon Chief Funding Officer Hannah Yulo-Luccini.

Hotel101's pre-fabricated bathrooms
Hotel101’s pre-fabricated loos

About Hotel101’s new HappyRoom international look; with the AI (Synthetic Intelligence) designed Hotel101 Banig accent design; Hotel101-Cebu Mactan Airport venture to be the primary to undertake the brand new HappyRoom international look.

Hotel101–Cebu Mactan Airport is about to be the primary Hotel101 venture to undertake the brand new international model of Hotel101’s 21sqm standardized signature HappyRoom.

The brand new Hotel101 international look has been designed for development and operational effectivity, optimizing using modular furnishings and fixtures in addition to using prefabricated loos. Hotel101 is predicted to develop into often known as one of the vital technologically superior resort chains throughout all components of its worth chain. The subsequent model of the Hotel101 App is about to combine the absolutely automated self-check-in system with IOT (Web Of Issues) functionality.

For its signature look, Hotel101 has chosen the ‘banig’ — the standard handwoven mat of the Philippines. Banigs are the place Filipino households would collect, type lasting bonds and form reminiscences. The banig symbolizes dwelling, and that’s how we wish you to really feel if you end up staying at Hotel101. The Hotel101 banig colours had been fastidiously chosen to radiate happiness and meant to evoke a Filipino contact in all Hotel101 tasks throughout totally different nations worldwide.

The Hotel101 signature trendy banig was designed by AI (Synthetic Intelligence) to represent that Hotel101 will all the time keep forward of the curve in technological advances.

“Hotel101 International has spent a number of months placing collectively probably the most very best resort room, we’ve meticulously gone over each element of the brand new signature 1 SKU Hotel101 HappyRoom to make sure that it could possibly develop into probably the most environment friendly resort room to construct and preserve, whereas fulfilling each important want to thrill the rising variety of Hotel101 clients from numerous components of the world.

If there’s one resort chain that may optimize using trendy know-how within the international hospitality area, we consider will probably be Hotel101, given its pioneering standardized signature 21 sqm HappyRooms and asset-light idea globally.

Ultimately, once you keep in any Hotel101, it doesn’t matter what nation you might be in, for the primary time you’ll know precisely what to anticipate,” mentioned DoubleDragon Company and Hotel101 International Chairman Edgar Injap Sia II.

As beforehand disclosed, Hotel101 pipeline of stock from secured prime titled land websites in CEBU, LIBIS, BORACAY, PALAWAN and BOHOL anticipated to generate P18.14 Billion in revenues, excluding the greenback revenues to be generated from the Hotel101 abroad tasks.

Resort 101 adopts dynamic pricing on its room charges much like airline tickets the place its room worth strikes up and down relying on the true time provide and demand on the chosen date of reserving.

The Asset Gentle Resort 101 idea permits DoubleDragon to generate income and revenue twice, first from the pre-selling of the Completely happy Rooms, then second after the venture is constructed it generates long run recurring income from resort operations.

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Learn: DoubleDragon’s subsidiary Hotel101 International acquires 6,593 sq. meters of prime business land in Madrid Spain



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