Jollibee Billionaire-Backed Hotel101 To Build 10,000 Rooms Worth $2.5 Billion In Saudi Arabia

Jollibee Billionaire-Backed Hotel101 To Build 10,000 Rooms Worth $2.5 Billion In Saudi Arabia

Partnering with Saudi Arabia-based Horizon Group, Hotel101 has identified an initial five sites for its hotels, which will have an average of 500 rooms each, in Saudi Arabia.

DoubleDragon’s Hotel101 targets P137.5-billion Saudi expansion - BusinessWorld Online

LISTED DoubleDragon Corp. (DD) said its hotel arm, Hotel101 Global Pte. Ltd., is expanding into Saudi Arabia with plans to develop up to 10,000 rooms valued at P137.5 billion ($2.5 billion). Hotel101 signed a joint venture partnership with Saudi-based investment company Horizon Group as the main partner for the expansion, DD said in a statement on Thursday. The hotel company said it is committed to rolling out a standardized hotel offering avera…

DoubleDragon brings Hotel 101 to Saudi Arabia through Horizon Group partnership

MANILA, Philippines – DoubleDragon Corporation is bringing Hotel 101 to Saudi Arabia following its partnership with the Horizon Group. In a stock exchange filing on Thursday, May 29, the real estate firm of tycoon Edgar “Injap” Sia II announced it entered a joint venture with Horizon to develop around 10,000 hotel rooms worth P137.5 billion. The first Hotel 101 project will be in Medina, followed by the capital Riyadh, then Jeddah, Abha, and Alu…

Hotel 101 debuts in Saudi Arabia

MANILA, Philippines — Hotel101 Global will expand into the Kingdom of Saudi Arabia following its partnership with the Horizon Group. In a stock exchange filing on Thursday, the condotel venture of DoubleDragon Corp. said it would develop up to 10,000 rooms across five locations in the Middle Eastern country under its agreement with Horizon. These

Hotel101, Horizon Group to build 20 hotels worth $2.5 billion in Saudi Arabia

DoubleDragon Corporation’s Hotel101 Global (Hotel101) has teamed up with Horizon Group for a major expansion in the Kingdom of Saudi Arabia with plans to develop up to 10,000 hotel rooms worth $2.5 billion.In a disclosure to the Philippine Stock Exchange, DoubleDragon said Hotel101 has signed a Joint Venture Partnership Agreement with Horizon Group as the main partner for its expansion into the Kingdom of Saudi Arabia with a vision to introduce …