Hotel101 Global Holdings Corp., an asset-light, prop-tech hospitality platform, has announced its approval to list on the Nasdaq Stock Exchange under the ticker symbol “HBNB”. Trading is set to begin on 1 July 2025, following the completion of its business combination with JVSPAC Acquisition Corp., approved by JVSPAC shareholders on 24 June 2025. This marks a historic achievement as Hotel101 becomes the first Filipino-owned company to be listed on Nasdaq.
With a deemed equity value of $2.3 billion, Hotel101 celebrated this milestone by ringing the Opening Bell at Nasdaq. The company, a subsidiary of DoubleDragon Corporation, aims to disrupt the hospitality industry with its unique “one room” hotel chain model. CEO Hannah Yulo-Luccini expressed excitement over this development, stating, “Our asset-light, technology-driven platform positions us to scale rapidly, with a goal to disrupt the hospitality industry globally with 1 million rooms across 100 countries.”
Hotel101’s expansion plans are ambitious, with projects underway in Madrid, Japan, and the US. The company has also signed a 10-year agreement with MATCH Hospitality AG for the F1 Spanish Grand Prix. Additionally, a joint venture with Saudi Arabia’s Horizon Group aims to develop up to 10 hotels in the Kingdom, highlighting the company’s confidence in the region’s tourism growth.
Hotel101’s business model focuses on standardised hotel units, offering efficiency and predictability. Its proprietary app, with over 1 million users, facilitates reservations and guest services, enhancing customer experience. The company generates revenue through pre-selling hotel units and long-term operations, aiming to redefine the global hospitality landscape.
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