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Hotel101-Cebu Mactan airport sells all rooms in less than 2 years

Hotel101-Cebu Mactan airport sells all rooms in less than 2 years

Visayas , Philippines-general- , Philippines , Mactan , Masbate , Hotel-of-asia-inc , Hotel-of-asia , Cebu-mactan-airport , Mactan-marina-mall , Hotel101-cebu , Airport

DoubleDragon expects P18-B revenue from 5 hotel projects

DoubleDragon expects P18-B revenue from 5 hotel projects
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Boracay , Aklan , Philippines , Palawan , Dapitan , Mactan , Masbate , Libis , Quezon-city , Arjayl-balinbin , Hotel-of-asia

DoubleDragon set to launch pre-selling activities for 3 Hotel 101 projects, including Hotel 101-Cebu

April 21, 2021
DOUBLEDRAGON Properties Corp. will launch pre-selling activities in three new Hotel 101 projects this year, namely Hotel 101-Cebu, Hotel 101 Resort-Boracay and Hotel 101-Libis.
These three new hotels will bring a total of 2,251 new rooms to the company’s portfolio.
A total of P11.03 billion in sales revenues is expected to be generated in these new projects, the firm told the local bourse Wednesday, April 21, 2021.
The Hotel 101 model being a three-star affordable hotel maintained high occupancy as it provided accommodation to employees of business process management companies even at the height of the pandemic.
In fact, the 518-room Hotel 101-Manila maintained a strong occupancy at 80.11 percent in 2020. One hundred percent of the inventory of Hotel 101-Fort was also fully sold out during the pandemic.

Boracay , Aklan , Philippines , Manila , Mactan , Masbate , Libis , Quezon-city , Hannah-yulo-luccini , U-bix-group , Citymall-commercial-centers , Hotel-of-asia

DoubleDragon to launch three Hotel 101 projects

BusinessWorld
April 22, 2021 | 12:10 am
Pre-selling of 2,251 new rooms set this year, with P11-B expected sales
DOUBLEDRAGON Properties Corp. will begin preselling for three new Hotel 101 hotel projects this year, which will add 2,251 new rooms to the company’s hotel portfolio.
In a statement disclosed to the exchange on Wednesday, DoubleDragon Properties said it will be launching Hotel 101-Cebu, Hotel 101 Resort-Boracay, and Hotel 101-Libis in the next three quarters.
“The completion of these new Hotel 101 projects will be perfectly timed with the full recovery and anticipated rebound in the tourism industry in the Philippines,” Hannah Yulo-Luccini, chief investment officer at DoubleDragon Properties, said.

Boracay , Aklan , Philippines , Manila , Libis , Quezon-city , Edgar-injap , Hannah-yulo-luccini , Keren-concepciong-valmonte , Inventory-of-hotel , Citymall-commercial-centers-inc , Centralhub-industrial-centers-inc