Press Release: DoubleDragon’s Hotel 101-Fort is fast on the rise
Hotel 101, the flagship homegrown brand of Hotel of
Asia, Inc., a subsidiary of publicly listed real estate firm DoubleDragon
Properties Corp., adds to its growing portfolio of hotel properties with the
ongoing construction of Hotel 101-Fort.
Rising at 33 storeys and standing on a prime 1,224 sq.
m. prime corner lot, Hotel 101-Fort is envisioned to be a premier business and
leisure hotel. Once completed in 2020, Hotel 101-Fort will house a total of 606
well-appointed hotel rooms, a three-level podium with specialty retail shops and
dining outlets, and a full amenity floor. Furthermore, Hotel 101-Fort is
centrally located and is but a stone’s throw away from BGC’s shopping and
dining district, which is sure to attract the burgeoning tourist market. With
this, Hotel 101 offers the utmost comfort, privacy, and convenience.
Apart from the solid backing of DoubleDragon
Properties Corp., what sets Hotel 101 apart from the rest is the unique and
worry-free investment opportunity that the company offers, allowing investors
the once-in-a-lifetime opportunity to partner with a fast-growing hotel and
hospitality brand and contribute to the robust Philippine tourism industry.
Investors are assured of 30% of the total gross room
revenues (excluding taxes), with Hotel 101 overseeing operating expenses, unit
repairs, and maintenance for the utmost peace of mind. A premium grade hotel
unit under your name, meanwhile, lets you to stay for free for 10 days in a
year — while consistently earning from your unit all year round!
“We envision
Hotel 101 to become the largest and most recognized hotel chain in the
Philippines, with Hotel 101-Fort standing as one of our premium, flagship
properties,” shares Edgar “Injap” Sia II, chairman of DoubleDragon. “Its
enviable location puts you at the center of business and pleasure.”
Hotel 101-Fort is the second Hotel
101 project to launch in the Philippines. Presently, Hotel 101 -Manila at the
Mall of Asia Complex is already in full operation, with other properties in
Davao and Boracay in various stages of construction and development. By 2020,
the company expects 5,000 rooms in operation across the country.
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