Hotel101 Global app breaches 1 million registered users

MANILA, Philippines — DoubleDragon Corp., the listed property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, has achieved a new milestone as it continues to expand its hotel portfolio, hitting one million registered users on its Hotel101 Global app.

Hotel101 Global CEO Hannah Yulo-Luccini said that the HBNB app would provide Hotel101 customers with seamless hotel experience starting from the time they book their rooms to check in and all the way through to check out and settling the bill.

“All of these can be done in the HBNB app. The HBNB app is expected to become the most efficient and easiest to use hotel app globally,” Yulo-Luccini said.

“The Hotel101 Global hotel chain seeks to delight its customers by providing them with a completely predictable and consistent one room concept anywhere it locates around the world,” she said.

DoubleDragon said that Hotel101 adopts dynamic pricing on its room rates via the HBNB app where its room price moves up and down depending on the real-time supply and demand on the chosen date of booking.

Over the medium term, DoubleDragon said that the HBNB app is expected to accumulate 25 million registered users from 25 different countries.

It is also expected to exceed 100 million registered users from 100 different countries over the long term.

“Eventually our goal is for the HBNB app to have over one million registered users in every country where Hotel101 operates,” Sia said.

“We would start to build up HBNB app users towards another one million from the citizens of Spain, to be followed by another million users from Japan in 2026 then United States, and eventually a million each from the citizens of United Kingdom, UAE, India, China, Thailand, Malaysia, Vietnam, Indonesia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France and Saudi Arabia,” he said.

DoubleDragon aims to make Hotel101 the largest hotel company in the Philippines and simultaneously become one of the top five hotel companies in the world.

Of the Hotel101 Global’s one million operating hotel rooms global target by 2050, 50,000 are intended to be in the Philippines.

For its expansion abroad, the first three Hotel101 overseas projects in Spain, Japan and US are expected to generate inflows of $471 million in foreign currency revenues to DoubleDragon.

The upcoming Hotel101 Global listing in the US is also seen to further strengthen DoubleDragon’s balance sheet.