Hotel101 Lists on Nasdaq, Marks Historic Filipino Milestone

Hotel101 Global Holdings Corp. began trading on the Nasdaq Stock Exchange under the ticker “HBNB” on July 1, 2025, becoming the first Filipino-owned company to do so.

Hotel101 celebrated the milestone by ringing the Opening Bell at Nasdaq’s MarketSite in Times Square, New York, signaling its formal U.S. public market debut.

The listing follows the successful business combination with JVSPAC Acquisition Corp., which was approved by shareholders on June 24, giving the combined company a deemed equity value of US$2.3 billion.

Hotel101, a prop-tech hospitality brand owned by DoubleDragon Corporation, is pioneering a globally scalable hotel model based on uniform “one room” units.

“Today is an exciting milestone in Hotel101’s journey to become the world’s first truly global one-room hotel chain,” said CEO Hannah Yulo-Luccini, who emphasized the brand’s mission to provide consistent comfort and value worldwide.

“Our asset-light, technology-driven platform positions us to scale rapidly,” she added.

DoubleDragon CEO and Hotel101 founder Edgar “Injap” Sia II described the listing as “a historic moment” for Filipino enterprise on the global stage.

“We aim to redefine the industry and become a leading global hospitality brand working towards our vision of an inventory of 1 million Hotel101 rooms globally,” Sia said.

Hotel101’s asset-light condotel model generates revenue both from the pre-sale of standardized hotel units and long-term hotel operations.

Each property operates with identical rooms and offers dynamic pricing, digital check-in, and services through the Hotel101 app, which has over 1 million users.

Current international projects include the under-construction Hotel101-Madrid near the Spanish F1 Grand Prix circuit, a 482-room project in Niseko, Japan, and a new site in Los Angeles.

In Saudi Arabia, Hotel101 signed a preliminary agreement with Horizon Group to build up to 10 hotels, aligning with the kingdom’s Vision 2030 tourism goals.

The company also aims to expand into 25 priority markets in the medium term and ultimately operate in 100 countries with 1 million rooms.

Hotel101’s dual-revenue business structure allows it to scale efficiently, providing a globally consistent hospitality experience while attracting both investors and property buyers.

Founded in the Philippines, Hotel101 is now headquartered in Singapore, reinforcing its ambitions as a global brand.

The Nasdaq listing reflects investor confidence in Hotel101’s business model, technology integration, and growth trajectory.

This public offering marks a rare feat for a Southeast Asian hospitality firm and sets a precedent for other Filipino enterprises seeking international equity markets.

Shares of HBNB are not registered in the Philippines and may not be sold there without compliance with local securities laws.