Injap Sia, Tony Tan Caktiong make PH historical past as Hotel101-Madrid opens

Malaysia has Shangri-La, Thailand has Dusit, Singapore has Ascott, the US has Hilton et al, and the Philippines now has Hotel101, the primary Filipino lodge model to function overseas

MANILA, Philippines – For the primary time in Philippine historical past, a serious Filipino lodge model opened abroad on Tuesday, March 10 in Madrid, Spain.

DoubleDragon Company, led by Mang Inasal founder Edgar Injap Sia II and Jollibee founder Tony Tan Caktiong, introduced that vacationers can now ebook a room in Hotel101-Madrid beginning Tuesday. (READ: Timber and crises: Mang Inasal founder Injap Sia’s contemporary enterprise classes)

Whereas there are in all probability hospitality areas opened by Filipino migrants in partnership with foreigners, they’re not main lodge chains within the scale of Hotel101. 

With 680 rooms, DoubleDragon stated Hotel101-Madrid is “one of many high 5 largest lodges in the entire of Spain.” Among the many main lodge chains in Madrid are Marriot, Mandarin, and ibis.

Certainly one of Sia’s objectives in placing up lodges was to place the Philippines on the map of the worldwide hospitality trade as homeowners and traders.

“We questioned. Isn’t it that Filipinos are naturally world-class within the hospitality trade? Malaysia has produced Shangri-La lodges all around the world. Thailand has Dusit and Banyan Tree. The US has Marriott, Hilton and Vacation Inn, whereas France has Novotel. Hong Kong has Rosewood Motels, Japan has Sakura, and Singapore has Ascott lodges, that are throughout. The Philippines has produced none but,” Sia was quoted by the Philippine Star as saying. 

Filipinos are already identified world wide, particularly within the Center East, for his or her providers as housekeeping workers, waiters and waitresses, cooks, baristas, and restaurant managers, however not as lodge homeowners.

Sia additionally beforehand stated he was “excited” over the challenge as a result of “very lengthy historical past of cultural relationship” between the Philippines and its former colonizer, including that Hotel101-Madrid “would carry long-term advantages” to each nations. 

DoubleDragon stated Hotel101-Madrid will present its “first overseas foreign money recurring income from lodge operations abroad,” making the corporate a “main US greenback influx generator” to the Philippines. 

On the aspect of Spain, it generates jobs from the development to operation phases plus recurring taxes. 

Hotel101-Marid is within the Valdebebas district of Madrid, a comparatively new city growth challenge. It’s a three-minute stroll to the Valdebebas Practice Station. It is usually strolling distance to the IFEMA conference advanced, soccer membership Actual Madrid Sports activities Complicated, and round seven minutes to the brand new Madrid Barajas Worldwide Airport.

This DoubleDragon challenge began in October 2023 after the corporate totally paid for a 6,593-square-meter land within the then-new city growth challenge of Madrid. 

Hotel101-Madrid was constructed by Ferrovial Construcción, one of many largest building firms in Spain. Development employees of the lodge had been handled to Jollibee Rooster Pleasure through the topping off ceremony on April 11, 2025.

Hotel101 is a “hybrid condotel enterprise.” This implies it pre-sells the models, which interprets to much less capital bills. After building, the investor who buys a unit will get a perpetual particular person condominium title, whereas Resort 101 shoulders lodge working bills, unit repairs and upkeep, in addition to value of unit renovations. The unit proprietor will get an opportunity to remain within the lodge, and Resort 101 earns from it by renting it out when the unit proprietor doesn’t use it. (READ: Why is Filipino tycoon Injap Sia’s Resort 101 like a fast-food burger?)

When DoubleDragon conceptualized its first abroad challenge, it stated it was eyeing the “excessive actual property funding demand in Madrid pushed by the Spanish Golden Visa.” (READ: Wish to dwell in Spain? Get a golden visa with DoubleDragon’s promo)

The Spanish investor visa is granted to non-European Union nationals who make investments closely in Spain. For individuals who wish to go into actual property in Spain, they must purchase an asset value 500,000 euros or round P34 million at current change charges.

Investing in Hotel101 models can be utilized by overseas consumers to satisfy the five hundred,000 euro funding requirement, equal to 3 Hotel101-Madrid models (value over P10 million for every unit).

Hotel101 International CEO Hannah Yulo-Luccini earlier described its Madrid challenge as having “unimaginable traction” with an “growing variety of native Spanish traders shopping for Hotel101 models in Madrid purely as a result of they consider within the potential income the challenge will generate as soon as accomplished.” 

Hotel101 International goals to construct a million working lodge rooms by 2050, 50,000 of which might be within the Philipines. It goals to be the most important lodge firm within the Philippines and one of many high 5 lodge firms on the planet. 

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DoubleDragon says Hotel101 Madrid has 4-star facilities. It options its signature “Completely happy Room” models, every with a kitchenette. The lodge has a swimming pool, operate rooms, enterprise middle, and a full-size fitness center. Its all-day eating restaurant HBNB Kitchen is operated by Grupo La Sucursal from Valencia. It additionally has a comfort retailer, laundry room, over 200 parking areas, and 24/7 reception. 

Anticipated to open subsequent is Hotel101-Niseko in Hokkaido Prefecture, Japan, in December 2026. (READ: Don’t need ‘overtourism’ in Japan? Attempt Hokkaido)

DoubleDragon traces its origins to Sia’s actual property agency, Injap Land Company, which began operations in 2010. In June 2012, it grew to become a three way partnership between Caktiong’s Honeystar Company and Sia’s holding firm Injap Investments. It later modified its identify to DoubleDragon Properties Company.

Listed here are photographs of Hotel101-Madrid supplied by DoubleDragon.

– Rappler.com