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Hotel101
The Philippine Star
|June 29, 2025
"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.
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"I want to extend my gratitude to our founders Injap Sia and Tony Tan Caktiong, whose vision, grit and relentless passion have carried us to this extraordinary stage. Today, we carry the pride of our nation and showcase the warmth, excellence and heart of Filipino hospitality to the world. This moment is for every Filipino who dares to dream big," she said.
The listing was a result of a business combination agreement between Hotel101 and JVSPAC Acquisition Corp., valuing the company at an equity value of $2.3 billion.
Singapore-headquartered Hotel101 Global entered into a definitive merger agreement with JVSPAC last year.
This story is from the June 29, 2025 edition of The Philippine Star.
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