Hotel101 Madrid named official partner of Grand Prix 

DoubleDragon Corp. continues to make waves in the international scene as its upcoming Hotel101 in Spain has been selected as the official hotel partner for the Formula 1 Spanish Grand Prix, according to a report by Philippine Star.

The property developer chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong said its subsidiary, Hotel101 Global, has signed a 10-year agreement with MATCH Hospitality, the official hospitality provider for the Spanish Grand Prix.

Under this partnership agreement, Hotel101 Madrid has been designated as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix which will be held in Madrid from 2026 to 2035.

DoubleDragon said that Hotel101 Madrid with MATCH Hospitality would deliver world-class accommodation experiences for attendees of the 2026 Formula 1 event and beyond.

Known for its expertise in managing hospitality programs for global sporting events such as the FIFA World Cups and the Formula 1 British Grand Prix, MATCH Hospitality is expected to work closely with Hotel101 Madrid to ensure seamless integration of premium lodging services with the event’s VIP and hospitality offerings.

‘We are honored to partner with MATCH Hospitality to serve as the official hotel accommodation for the Formula 1 Spanish Grand Prix in Madrid, Spain,” Hotel101 Global CEO Hannah Yulo-Luccini said.

“This partnership marks a significant milestone in our mission to establish Hotel101 as a leading global hospitality brand,” she said.

DoubleDragon said the 680-room Hotel101 Madrid is on track for completion in the fourth quarter this year, ensuring readiness for the inaugural Madrid Grand Prix in 2026.

DoubleDragon said the collaboration with MATCH Hospitality and IFEMA Madrid aligns with the Grand Prix’s vision of delivering a sustainable, accessible and memorable event, with Hotel101 Madrid playing a central role in enhancing the fan experience.

“Hotel101- Madrid’s prime location next to the F1 circuit, combined with our globally standardized ‘Happy Room’ concept, positions Hotel101-Madrid as the ideal choice for fans and participants seeking comfort, convenience and irresistible value,” Yulo-Luccini said.

Hotel101 Global is committed to expanding its footprint in key international markets, with Madrid serving as its first European location.

Aside from Spain, the first three locations of Hotel101 overseas include Japan and the United States.

Hotel101’s long term vision is to have one million rooms, operating in over 100 countries worldwide.

Hotel101 Global recently signed a joint venture partnership agreement with Saudi-headquartered investment company Horizon Group to develop up to 10,000 rooms worth about $2.5 billion in Saudi Arabia.

The DoubleDragon subsidiary is also expected to list on the Nasdaq this month, trading under the ticker symbol HBNB.

Upon listing, Hotel101 Global will be the first Filipino-owned company to be listed and traded on US Nasdaq.