A broader look at today’s business
DoubleDragon has purchased a prime office space located at the 4th floor of PLUS Building, 20 Cecil Street at the heart of Raffles Place in Singapore for Hotel101 Global Pte Ltd’s Global Corporate Office. The Global Sales Hub is also located in the same building at the Ground Floor of PLUS Building.
The Hotel101 Global Sales Hub in Singapore has the newest version of Hotel101’s signature 21 square meter HappyRoom equipped with its worldwide standard features such as the Queen bed and Single bed using Emma Sleep mattresses, IOT App operable smart lighting using one single type of bulb, 55 inch smart TV, work desk, universal power outlets, electronic device charger ports, kitchenette with refrigerator and microwave, and an ensuite modern pre-fabricated bathroom.
“Eventually, when you stay in any Hotel101, no matter what country you are in, for the first time you will know exactly what to expect,” added Mr. Sia. Hotel101’s unique and pioneering hybrid condotel business model comes with having only one type of room unit type across its global ecosystem making it extraordinarily efficient to build and operate. The highly portable Hotel101 concept also allows it to expand and create the uniform worldwide inventory through direct development, joint venture, and licensing.
The concept patent of Hotel101’s pioneering condotel concept has already been filed and the Hotel101 trademark and country specific domains have been secured in various countries globally. “Given that the world economy is getting more and more fragile and volatile, we deemed it imperative, that the only way to future-proof itself is to passionately pursue the target of DoubleDragon’s revenues to be derived from geographically diversified sources, that eventually over the longterm, we aim that no single country will contribute over 10% of DD’s revenue and income,” said DoubleDragon Chairman Edgar Injap Sia II.
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