Philippine real estate development giant Double Dragon Corporation (chairman and CEO: Edgar Sia) is planning to build a new hotel in Kutchan Town. This is the first time the company’s Hotel 101 brand will be built outside the Philippines.
The company announced its development intentions on June 30. Its subsidiaries DDPC Worldwide Pte. Ltd. and Hotel 101 Worldwide Pte. Ltd. have already acquired 9,000 m2 of land.
In anticipation of the end of the COVID-19 pandemic, the company hopes to attract foreign visitors to Japan from the Philippines and other countries. It is also looking to collaborate with developers in Japan.
Hotel 101 is a hotel condominium developed by Double Dragon Corporation targeting a middle-class clientele. In addition to the Hotel 101 already in operation in Manila, there are plans for construction in several locations in the Philippines.
(Excerpt from an article on July 5, 2022)
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