Self-made billionaire Injap Sia’s DoubleDragon brings flagship homegrown brand Hotel101 to Japan

DoubleDragon's flagship homegrown brand Hotel101 is coming to Japan!

In a disclosure to the stock exchange on June 30, 2022, tycoon Edgar "Injap" Sia II's DoubleDragon said its subsidiaries Hotel101 Worldwide Pte. Ltd. and DDPC Worldwide Pte. Ltd. had paid the required deposit in the sales contract for the purchase of a 9,000 sqm land in the town of Kutchan in Hokkaido Prefecture, Japan for the development of its first international Hotel101 branch.

"DoubleDragon envisions the homegrown Filipino Hotel101 brand to become world-class in all standards and create job opportunities to Filipinos who reside in the Philippines or abroad," the property developer said. "[DoubleDragon] also aims to bring a pinch of pride and honor to each and every Filipino from anywhere around the world where it may eventually locate and operate."

DoubleDragon expects the upcoming Hotel101 set near the town of Niseko, internationally famous for its good falls of light powder snow and a long ski season, to cater to local travelers in Japan, foreign tourists, and Filipino travelers.

"Hotel101 rooms globally are intended to be typical or similar in size and look catering to the mid-end market, enabling a highly efficient booking process, allowing guests to know exactly what to expect in a Hotel101 wherever it may be located," DoubleDragon said.

Hotel101 adopts dynamic pricing on its room rates similar to airline tickets where its room price moves up and down depending on the real-time supply and demand on the chosen date of booking. It also follows a condotel concept, allowing DoubleDragon to generate revenues twice: first from the pre-seeling of select units and the second through recurring hotel operations.

The concept patent of Hotel101 has already been filed and the Hotel101 trademark and country-specific domains have been secured in various countries globally, DoubleDragon added.

DoubleDragon also stated in the press release that it is developing the Hotel101 app for both Apple iOS and Android to efficiently work in multiple countries.

Hokkaido is accessible to Filipino travelers via a few-hour flight from Manila to Sapporo New Chitose Airport.

Source: 

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