Hotel101 Global seen to drive 90% of DoubleDragon's business

HOTEL101 GLOBAL HOLDINGS Corp., the newly listed Nasdaq subsidiary of DoubleDragon Corp. (DD), is expected to account for as much as 90% of the parent firm's business in the coming years, its global chief executive officer said.

- Revin Mikhael D. Ochave

“This (listing) will really unlock a lot of the value that’s really of DD, which is the controlling shareholder of Hotel101 Global,” Hotell01 Global Chief Executive Officer Hannah Yulo-Luccini said during the Money Talks with Cathy Yang program on One News on Tuesday.

“We believe that Hotel101 Global will be 90% of DD’s business in the future and a very large contributor of foreign-dominated revenues to the parent company,” she added.

Hotel101 Global began trading on the technology stock-heavy Nasdaq Stock Exchange in the United States on Tuesday (New York time) under the ticker “HBNB.”