HOTEL101 GLOBAL RECEIVES APPROVAL TO LIST ON NASDAQ UNDER "HBNB"
Hotel101 Global Holdings Corp. has received approval to list on the Nasdaq Stock Exchange under the ticker symbol "HBNB" starting July 1, 2025, following its business combination with JVSPAC Acquisition Corp. The company has a deemed equity value of $2.3 billion and becomes the first Filipino-owned company to list on Nasdaq.
Hotel101 operates as an asset-light, prop-tech hospitality platform with a unique "one room" global hotel chain model. The company generates revenue through pre-selling individual hotel units and recurring revenue from hotel operations. Currently expanding globally, Hotel101 has projects in Madrid (680 rooms), Niseko (482 rooms), and upcoming developments in Saudi Arabia and Los Angeles, targeting 1 million rooms across 100 countries.
Hotel101 Global Holdings Corp. ha ottenuto l'approvazione per essere quotata al Nasdaq Stock Exchange con il simbolo ticker "HBNB" a partire dal 1° luglio 2025, a seguito della sua fusione con JVSPAC Acquisition Corp. L'azienda ha un valore patrimoniale stimato di 2,3 miliardi di dollari e diventa la prima società di proprietà filippina a essere quotata al Nasdaq.
Hotel101 opera come una piattaforma alberghiera prop-tech a basso impatto patrimoniale con un modello unico di catena alberghiera globale basato su "una camera". L’azienda genera ricavi tramite la prevendita di singole unità alberghiere e ricavi ricorrenti dalle operazioni alberghiere. Attualmente in espansione globale, Hotel101 ha progetti a Madrid (680 camere), Niseko (482 camere) e sviluppi imminenti in Arabia Saudita e Los Angeles, con l’obiettivo di raggiungere 1 milione di camere in 100 paesi.
Hotel101 Global Holdings Corp. ha recibido la aprobación para cotizar en el Nasdaq Stock Exchange bajo el símbolo "HBNB" a partir del 1 de julio de 2025, tras su combinación de negocios con JVSPAC Acquisition Corp. La empresa tiene un valor patrimonial estimado de 2.3 mil millones de dólares y se convierte en la primera compañía de propiedad filipina en cotizar en Nasdaq.
Hotel101 opera como una plataforma de hospitalidad prop-tech con bajo uso de activos con un modelo único de cadena hotelera global basado en "una habitación". La compañía genera ingresos a través de la preventa de unidades hoteleras individuales y ingresos recurrentes por operaciones hoteleras. Actualmente en expansión global, Hotel101 tiene proyectos en Madrid (680 habitaciones), Niseko (482 habitaciones) y desarrollos próximos en Arabia Saudita y Los Ángeles, con la meta de alcanzar 1 millón de habitaciones en 100 países.
Hotel101 Global Holdings Corp.는 JVSPAC Acquisition Corp.와의 합병 후 2025년 7월 1일부터 나스닥 증권거래소에 "HBNB"라는 티커 심볼로 상장 승인을 받았습니다. 회사의 평가 자본 가치는 23억 달러이며, 나스닥에 상장되는 최초의 필리핀 소유 기업이 되었습니다.
Hotel101은 자산 경량화된 프로프테크 호스피탈리티 플랫폼으로, 독특한 '한 방' 글로벌 호텔 체인 모델을 운영합니다. 회사는 개별 호텔 유닛을 선판매하며 호텔 운영에서 반복 수익을 창출합니다. 현재 전 세계적으로 확장 중이며, 마드리드(680실), 니세코(482실)에 프로젝트가 있으며, 사우디아라비아와 로스앤젤레스에 개발 계획이 진행 중으로 100개국에 100만 객실을 목표로 하고 있습니다.
Hotel101 Global Holdings Corp. a obtenu l'approbation pour être cotée à la Bourse Nasdaq sous le symbole "HBNB" à partir du 1er juillet 2025, suite à sa fusion avec JVSPAC Acquisition Corp. La société a une valeur d'équité estimée à 2,3 milliards de dollars et devient la première entreprise à propriété philippine cotée au Nasdaq.
Hotel101 fonctionne comme une plateforme hôtelière prop-tech légère en actifs avec un modèle unique de chaîne hôtelière mondiale basé sur "une chambre". L'entreprise génère des revenus par la prévente d'unités hôtelières individuelles et des revenus récurrents issus des opérations hôtelières. Actuellement en expansion mondiale, Hotel101 a des projets à Madrid (680 chambres), Niseko (482 chambres) et des développements à venir en Arabie Saoudite et à Los Angeles, visant 1 million de chambres dans 100 pays.
Hotel101 Global Holdings Corp. hat die Genehmigung erhalten, ab dem 1. Juli 2025 unter dem Tickersymbol "HBNB" an der Nasdaq-Börse gelistet zu werden, nach der Unternehmenszusammenführung mit JVSPAC Acquisition Corp. Das Unternehmen hat einen beurteilten Eigenkapitalwert von 2,3 Milliarden US-Dollar und ist das erste philippinisch geführte Unternehmen, das an der Nasdaq notiert ist.
Hotel101 agiert als asset-light, prop-tech Hospitality-Plattform mit einem einzigartigen "One-Room"-globalen Hotelkettenmodell. Das Unternehmen generiert Einnahmen durch den Vorverkauf einzelner Hotelzimmer und wiederkehrende Einnahmen aus dem Hotelbetrieb. Derzeit expandiert Hotel101 global und hat Projekte in Madrid (680 Zimmer), Niseko (482 Zimmer) sowie geplante Entwicklungen in Saudi-Arabien und Los Angeles, mit dem Ziel, 1 Million Zimmer in 100 Ländern zu erreichen.
- First Filipino-owned company to list on Nasdaq with $2.3B equity value
- Secured 10-year partnership with MATCH Hospitality AG for F1 Spanish Grand Prix (2026-2035)
- Strategic agreement with Saudi Arabia's Horizon Group for up to 10 hotels
- Innovative asset-light business model generating dual revenue streams
- Strong existing platform with over 1 million registered app users
- Global expansion underway with properties in Spain, Japan, and planned US entry
- Significant execution risk in rapid global expansion plans
- Heavy reliance on pre-selling model could be vulnerable to market downturns
- Concentrated risk with standardized 'one room' strategy across all properties
Insights
Hotel101's NASDAQ listing signals global ambitions with a $2.3B valuation, leveraging an asset-light "condotel" model for rapid expansion.
Hotel101 Global's imminent NASDAQ listing represents a significant milestone as the first Filipino-owned company to trade on this exchange, with a substantial
What makes Hotel101's business model particularly interesting is its asset-light, prop-tech approach. The company employs a dual revenue stream: first by pre-selling standardized hotel units during construction (generating immediate capital), then through long-term recurring revenue from hotel operations. This "condotel" model allows them to scale rapidly without the capital-intensive requirements typical of traditional hotel chains.
The company's standardization strategy—identical rooms across all properties—creates operational efficiencies that traditional varied-inventory hotels can't match. Their proprietary app with over 1 million registered users further streamlines operations through dynamic pricing and self-check-in capabilities.
Hotel101's global expansion is already underway with projects in strategic locations: a 680-room development in Madrid (adjacent to the F1 Spanish Grand Prix Circuit), a potential joint venture for up to 10 hotels in Saudi Arabia, a 482-room property in Niseko, Japan, and a secured site in Los Angeles. Their goal of 1 million rooms across 100 countries is ambitious but their capital-efficient model makes this scale potentially achievable.
The partnership with MATCH Hospitality AG for the F1 Spanish Grand Prix demonstrates the company's strategy of aligning with high-visibility global events, potentially providing both occupancy guarantees and brand exposure.
Celebrated Public Listing by Ringing the Opening Bell Today at the Nasdaq Stock Exchange
Trading is scheduled to commence under the ticker symbol "HBNB" following the expected completion of Hotel101's business combination with JVSPAC Acquisition Corp. (Nasdaq: JVSA), which was approved by JVSPAC shareholders on June 24, 2025.
With a deemed equity value at closing of
The ceremony can be viewed at https://www.nasdaq.com/marketsite/bell-ringing-ceremony and on the Nasdaq MarketSite Tower in Times Square.
Hannah Yulo-Luccini, CEO of Hotel101, said:
"Today is an exciting milestone in Hotel101's journey to become the world's first truly global one-room hotel chain. Hotel101 was born from a simple, revolutionary idea: a 'one room' global hotel brand delivering consistent comfort and irresistible value worldwide. Our asset-light, technology-driven platform positions us to scale rapidly, with a goal to disrupt the hospitality industry globally with 1 million rooms across 100 countries."
Edgar "Injap" Sia II, Chairman and CEO of DoubleDragon Corporation and Founder of Hotel101, said:
"This is a historic moment for DoubleDragon, becoming the first-ever Filipino company with a subsidiary listed and traded on the Nasdaq. It reflects the strength of our vision and the dedication of everyone who has helped bring Hotel101 to this global stage. And we're just getting started – with a globally scalable model and a long runway ahead, 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."
Accelerating global expansion
Hotel101's management believes that Hotel101 properties are efficient to build, maintain, and operate – as well as scale and expand through direct development, joint venture partnerships, and franchise arrangements. Building on the success of Hotel101-branded properties in
Hotel101-
In May 2025, Hotel101 signed an agreement with
Construction is underway for Hotel101-Niseko, a 482-room property in
Hotel101's unique business model
Hotel101's management believes that Hotel101's global "one room" hotel chain model is poised to disrupt the hospitality industry by offering identical, standardized hotel rooms globally. In standardization, Hotel101 sees a global opportunity in the hospitality space that brings enhanced efficiency, especially for the value segment, enabling customers to know exactly what to expect whenever they stay at a Hotel101 property.
With identical hotel units, Hotel101 streamlines development, operations, and guest experiences. Hotel101's proprietary app, which has over 1 million registered users, serves as a centralized platform for reservations, guest services, and loyalty programs. It adopts dynamic pricing for room rates and offers self-check in, made efficient by the availability of just one type of room. Hotel101 expects to set a new standard for efficiency, predictability, and scalability, creating sustained value for customers globally.
Hotel101's asset-light 'condotel' prop-tech business model is designed to scale efficiently while maximizing value for both unit owners and guests. Hotel101 generates revenue twice: first, from the pre-selling of individual hotel units during the construction phase; and second, from long-term recurring revenue derived from day-to-day hotel operations following completion of the units. By pre-selling standardized hotel units, Hotel101 generates upfront capital to fund new developments and expand rapidly. Its long-term management contracts with unit owners create a stable and recurring revenue stream.
Hotel101 aims to bridge the gap between traditional hotels and fragmented hospitality marketplaces. Unlike traditional hotel chains that require significant capital investment to scale or marketplace aggregators that lack consistency and branding, Hotel101's model provides individual condominium unit owners with direct hotel unit ownership while maintaining the brand consistency and professional management of a global hotel chain. Hotel101's management believes that its properties will also receive arguably higher acceptance in the communities where they operate as all Hotel101 properties are purposely built as hospitality assets.
About Hotel101 Global Holdings Corp.
Headquartered in
Hotel101 and its affiliates have nine Hotel101-branded properties in
For more information, visit www.hotel101global.com.
About DoubleDragon Corporation
DoubleDragon Corporation currently has total assets of approximately
DoubleDragon Corporation has been listed on the Philippine Stock Exchange since 2014 and is controlled by two entities that own a combined
About JVSPAC Acquisition Corporation
JVSPAC Acquisition Corporation is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Forward Looking Statements
This press release includes "forward-looking statements" which may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated equity value of the combined company, Hotel101's ability to scale and grow its business, the advantages and expected growth of the combined company, the combined company's ability to source and retain talent, the cash position of the combined company following closing of the Transaction, JVSPAC's and Hotel101's ability to consummate the Transaction, and expectations related to the terms and timing of the Transaction, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of JVSPAC's and Hotel101's management and are not predictions of actual performance.
These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of JVSPAC and Hotel101. These forward-looking statements are subject to a number of risks and uncertainties, including the ability of JVSPAC and Hotel101 to successfully or timely consummate the proposed Transaction, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Transaction; failure to realize the anticipated benefits of the proposed Transaction; the combined company's ability to execute on its business model, potential business expansion opportunities in foreign countries and growth strategies, retain and expand customers' use of its hotel services and attract new customers, and source and maintain talent; risks relating to the combined company's sources of cash and cash resources; risks relating to Hotel101's business; risks relating to the combined company's vulnerability to security breaches; risks relating to the combined company's ability to manage future growth; the effects of competition on the combined company's future business; the amount of redemption requests made by JVSPAC's public shareholders; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries involving the parties to the Transaction; the impact of the COVID-19 pandemic on Hotel101's or the combined company's business and the global economy; and those factors discussed in JVSPAC's final prospectus related to its initial public offering dated January 18, 2024, under the heading "Risk Factors," in JVSPAC's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 under the heading "Risk Factors" filed with the SEC on March 11, 2025 and other documents filed, or to be filed, by JVSPAC with the SEC. If any of these risks materializes or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither JVSPAC nor Hotel101 presently knows or that JVSPAC and Hotel101 currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect JVSPAC's and Hotel101's expectations, plans or forecasts of future events and views as of the date of this press release. JVSPAC and Hotel101 anticipate that subsequent events and developments will cause JVSPAC's and Hotel101's assessments to change. However, while JVSPAC and Hotel101 may elect to update these forward-looking statements at some point in the future, JVSPAC and Hotel101 specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing JVSPAC's and Hotel101's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
No Offer or Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The HBNB shares have not been offered, listed or registered in
Contacts
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SOURCE Hotel101
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