Hotel101 becomes first Phl firm to list on US Nasdaq

Hotel101 Global Pte. Ltd., a subsidiary of DoubleDragon Corp., marked a historic milestone by becoming the first Filipino-owned company to be listed and traded on the US Nasdaq.

- By RICHMOND MERCURIO

Hotel101 Global listed at the Nasdaq Stock Exchange in New York City on June 27, with its shares set to begin trading on July 1, 2025.

Trading is scheduled to commence under the ticker symbol "HBNB" following the expected completion of Hotel101's business combination with JVSPAC Acquisition Corp., which was approved by JVSPAC shareholders on June 24, 2025.

"This is a historic moment for DoubleDragon, becoming the first-ever Filipino company with a subsidiary listed and traded on the Nasdaq. It reflects the strength of our vision and the dedication of everyone who has helped bring Hotel101 to this global stage," DoubleDragon chairman and CEO Edgar "Injap" Sia II said.

Sia said Hotel101's listing is just a start, with the company aiming to redefine the industry and become a leading global hospitality brand.

"Today is a celebration of a shared journey. A testament to the unwavering spirit and dedication of our team and a bold step towards building a global legacy," Hotel101 Global CEO Hannah Yulo-Luccini said.