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MANILA, Philippines – The hospitality arm of DoubleDragon Corp. is expanding deeper into Southeast Asia after securing agreements for the development of a new Hotel101 property in Bangkok, Thailand, marking another milestone in its overseas expansion.
In a disclosure on Wednesday, DoubleDragon said its Nasdaq-listed subsidiary, Hotel101 Global Holdings Corp., signed definitive binding agreements with Thai developer Origin Property PCL for the joint venture development of Hotel101-Bangkok.
READ: Hotel101 to unveil Mindanao’s largest hotel in July
The project will rise on an 8,336-square-meter site along Phahon Yothin Road near Don Mueang International Airport and right beside the Yaek Kor Por Aor BTS Station.
