US EditionHotel101 Global Announces Definitive Binding Agreements Signed for the Development of Hotel101 ...
The hotel will include meeting spaces and a conference center and is projected to generate AU$323.6 million in sales revenue by 2029, Hotel101 Global said.
- On Tuesday, Hotel101 Global's Nasdaq-listed subsidiary of DoubleDragon Corporation signed definitive binding agreements to develop a 766-room Hotel101 centre at 540 Flinders in central Melbourne.
- As part of its global push, Hotel101 Global said the Melbourne project forms part of its latest overseas expansion to grow the Hotel101 brand's international footprint.
- The project will include meeting spaces and a conference centre to cater to business and leisure travelers, with AU$323.6 million projected sales revenue and 2029 expected completion.
- The firm will start trading on Nasdaq on July 1 and reports a $2.34 billion equity valuation for Hotel101 Global, with a debut billboard for ticker HBNB.
- Looking ahead, the company aims to operate in 100 countries and the 766-room Hotel101 centre will be the largest by room count in Melbourne Central Business District.
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The Bakersfield Californian
Enid News & EagleHotel101 Global Announces Definitive Binding Agreements Signed for the Development of Hotel101 ...
PRIME SITE; HOTEL101-MELBOURNE LOCATION IS AT No. 540 FLINDERS LANE, RIGHT IN THE HEART OF MELBOURNE’S CENTRAL BUSINESS DISTRICT
DoubleDragon unit signs deal for 766-room Hotel101 in Melbourne
MANILA, Philippines — Hotel101 Global Holdings Corp., a subsidiary of DoubleDragon Corp., has signed definitive binding agreements to develop a 766-room Hotel101 in Melbourne’s central business district. This marks its latest overseas expansion. READ: Hotel101 starts trading on Nasdaq on July 1 In a statement on Tuesday, DoubleDragon said the hotel will rise at 540 Flinders Street in central Melbourne. It is expected to be completed by 2029. On…
Hotel101 Global to develop 766-room Melbourne condotel - BusinessWorld Online
HOTEL101 Global Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., said it will develop a 766-room condotel project in Melbourne, Australia, which is expected to be completed by 2029. In a statement on Tuesday, the company said the project is projected to generate about A$323.6 million (P12.6 billion) in total sales revenue once fully sold. Upon completion, it is expected to be the largest hotel in Melbourne, Victoria, in t…
The Hamilton Spectator
Hotel101 Global Announces Definitive Binding Agreements Signed for the Development of Hotel101 in Melbourne, Victoria, Australia
PRIME SITE; HOTEL101-MELBOURNE LOCATION IS AT No. 540 FLINDERS LANE, RIGHT IN THE HEART OF MELBOURNE’S CENTRAL BUSINESS DISTRICT
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