20/01/2026
Melbourne, Australia — Hotel101 Global (NASDAQ Ticker: HBNB), 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 (PSE Ticker: DD), announces the signing of definitive binding agreements signed for the development of a 766-room Hotel101 in the heart of Melbourne Central Business District at 540 Flinders Lane, Melbourne, Australia. Hotel101-Melbourne is set to be the largest hotel in the whole of Melbourne, Victoria, Australia by room count.
This expansion marks a significant milestone in the company’s global growth strategy, bringing its novel globally standardized “condotel” business model to one of Australia’s most vibrant and dynamic cities. Hotel101-Melbourne is expected to be completed in 2029.
The hotel will be located in the heart of Melbourne’s Central Business District along the iconic Flinders Lane, a prime area renowned for its laneways, street art, boutique shopping, world-class dining, and proximity to major attractions such as Federation Square, Flinders Street Station, the Yarra River, and Southbank entertainment precinct. This strategic site positions the property as an ideal hub for leisure and business travelers seeking seamless access to Melbourne’s cultural, commercial, and sporting hubs and will complement the existing premium hotel offerings in the CBD.
Hotel101-Melbourne is expected to generate approx. AU$323.6 million (approx. Php 12.6 billion) in sales revenue forming part of Hotel101 Global’s global expansion strategy.
Hotel101-Melbourne 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, rooftop bar, ample parking, luggage storage and other amenities.
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