January 24, 2022 | 00:00
MANILA, Philippines – DoubleDragon Corp., owned by tycoon Edgar “Injap” Sia II, is looking to expand its Hotel101 concept outside the Philippines and make it the country’s first global Filipino hotel chain.
The global patent application for the Hotel101 condotel concept has already been filed, Sia told The STAR in an interview.
Expansion will be through partnerships and joint ventures with other developers overseas, possibly in the region, and later in Europe and the United States.
“We aspire to make Hotel101 the premier hotel chain brand in the Philippines operating in various parts of the world. Expansion can be done through partnerships and joint ventures with other developers in other countries. The pioneering concept of Hotel101, which is a hybrid condotel, is like a closed-loop AirBnB,” he said.
The company will soon launch the Hotel101 app for Apple iOS and Android.
Sia said that while Filipinos are known to be very hospitable, there is no global Filipino hotel chain brand.
“USA has Holiday Inn, Europe has Novotel, China has Jinjiang Inn, Malaysia has Shangri-La, Thailand has Dusit, Japan has Nikko, Singapore has Raffles, but unfortunately the Philippines doesn’t have any. not,” he said.
Sia said it was time for a Filipino company to pursue this aspiration of creating a local Filipino hotel brand that is recognized around the world and that would ultimately bring honor and pride to Filipinos.
Hotel101 is one of DoubleDragon’s four main growth pillars. The others are City Malls in provincial town centers; portfolio of office buildings, namely the 42-story Jollibee Tower in Ortigas CBD, the DD Meridian Park complex in the Bay Area, the Skysuites corporate tower in Quebec and soon the Robinsons DoubleDragon Square building in Bridgetowne Libis; and its CentralHub chain of industrial warehouse complexes.
Sia said that the group is in the strengthening and preparation phase, so that it can quickly seize the interesting opportunities that will arise in the coming years.
“Being clearly aware that the new global economy of the next few years will surely make some businesses and industries obsolete, we will ensure that we embark on booming businesses. We would prefer to choose operations that are smaller now, but which would become massive in the years to come than huge operations established now, but which will eventually become useless,” Sia said.