DoubleDragon’s subsidiary Hotel101 Global acquires 6,593 square meters of prime industrial land in Madrid Spain

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  • Hotel101-Madrid is about to turn into one in every of the Top 5 largest hotels in Madrid, Spain
  • Hotel101-Madrid is about to be the very first homegrown Filipino hotel chain to enter Spain.
  • Robust condotel sales revenue of about 143.3 Million Euros (8.8 Billion Pesos) is predicted to be generated from the Hotel101- Madrid project given the high real estate investment demand in Madrid driven by the Spanish Golden Visa

Madrid – April 27, 2023, DoubleDragon’s subsidiary Hotel101 Global Pte Ltd signed a Binding Agreement for the acquisition of 6,593 square meters of prime industrial land in Madrid, Spain.

The Hotel101 Madrid site in Avenida Fuerzas Armadas, Valdebebas, Madrid is surrounded by major landmark buildings. 3 minutes walk to the Valdebebas Train Station, 4 minutes walk to IFEMA convention complex, 5 minutes walk to Real Madrid Sports Complex, and around 7 minutes to the brand new Madrid Barajas International Airport.

Artist Perspective of Hotel101–Madrid in Valdebebas, Madrid, Spain
Artist Perspective of Hotel101–Madrid in Valdebebas, Madrid, Spain

Hotel101-Madrid could have about 736 rooms and will likely be the primary Hotel101 development in Europe. The standard Hotel101 facilities can even be available in Hotel101-Madrid, resembling an All Day Dining restaurant (concessionaire-operated), a Business Center, Swimming Pool, and a Fitness Gym in addition to industrial space for a 24-hour convenience store.

Hotel101-Madrid is about to turn into one in every of the Top 5 largest hotels in Madrid, Spain. Hotel101-Madrid is about to be the very first homegrown Filipino hotel chain to enter Spain.
DoubleDragon’s vision for Hotel101 to turn into world-class in all standards and create job opportunities to Filipinos who reside within the Philippines or abroad, and produce a pinch of pride and honor to each Filipino from anywhere all over the world where Hotel101 will eventually locate and operate.

Robust condotel sales revenue of about 143.3 Million Euros (8.8 Billion Pesos) is predicted to be generated from the Hotel101- Madrid project given the high real estate investment demand in Madrid driven by the Spanish Golden Visa.

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Read: 10 Inexpensive Metro Manila Hotels With a Swimming Pool

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