01/07/2026
Hotel101 Global Announces Definitive Binding Agreements Signed for the Development of Hotel101 in Bangkok, Thailand
SINGAPORE, July 01, 2026 — Hotel101 Global, a leading asset-light, prop-tech hospitality platform pioneering a global standardized “condotel” business model listed on the Nasdaq Stock Exchange and a subsidiary of Philippine-listed DoubleDragon Corporation, announces the signing of definitive binding agreements for the joint venture development of an approx. 770-room Hotel101 in Bangkok, Thailand. This expansion marks a significant milestone in the company’s global growth strategy, bringing its novel, globally standardized condotel business model to one of Southeast Asia’s most dynamic capital cities and major transportation hubs.
The hotel is expected to occupy a prime 8,336 sqm site along Phahon Yothin Road, near Don Mueang International Airport and beside the Yaek Kor Por Aor BTS Station. This strategic position is expected to offer connectivity and convenient access to Bangkok’s vibrant northern corridor. The area has emerged as one of Bangkok’s key growth districts, known for its modern infrastructure, excellent transport links, and strong mix of commercial, residential, and tourism developments.
Key Location Advantages:
• Prime Phahon Yothin Road Position: Located beside the Yaek Kor Por Aor BTS Station and near Don Mueang International Airport. Guests are expected to benefit from seamless connectivity via the BTS Skytrain system and proximity to the airport, providing convenient access for both domestic and international travelers.
• Proximity to Major Attractions: Surrounded by vibrant local attractions including Save One Go Night Market. The site offers an excellent balance of urban energy, shopping, dining, and green spaces, with easy access to Chatuchak Market, the city center, and major Bangkok attractions.
Hotel101-Bangkok is expected to generate approx. 1.925 billion Baht (US$58 million) in sales revenue once fully sold, and is expected to be completed by 2029, forming part of Hotel101 Global’s global expansion strategy.
Hotel101-Bangkok is expected to offer 4-star amenities at affordable prices, including ample meeting spaces and a conference center tailored for business events. Consistent with Hotel101’s offerings across its locations globally, guests are expected to be able to enjoy modern rooms, 24/7 reception, all-day dining, swimming pool, full-size gym, business center, children’s pool, ample parking, luggage storage, and other amenities.
The development is subject to customary regulatory approvals.