DoubleDragon opens Hotel101 global sales HQ in Singapore, reveals plan to be in 25 countries by 2026
DoubleDragon [DD 7.00, down 0.7%; 90% avgVol] [link], Injap Sia’s property development arm, disclosed that it opened its Global Corporate Office and Global Sales Hub for DD’s Hotel101 brand in Singapore. The first three international Hotel101 locations will be in Hokkaido, Madrid, and California. The press release says that this “unique” business model “can be planted in over 100 countries”, but only provides a timeframe for Hotel101’s expansion into the first 25 countries in this total addressable market. DD says that, by 2026, it will have expanded into the following 25 countries: target for “near term” expansion into these countries: Philippines, Japan, Spain, USA, United Kingdom, UAE, India, Thailand, Malaysia, Vietnam, Indonesia, Saudi Arabia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France, and China.
