On 30 June 2025, Hotel101’s shares commenced trading under the ticker symbol “HBNB” on Nasdaq. With this listing, Hotel101 is the first Filipino-owned company to be listed and traded on the Nasdaq.
Hotel101 is a tech-enabled hotel platform operator and a subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD). The company pioneers a standardised, asset-light “condotel” model that offers individual condominium owners direct hotel unit ownership, backed by the brand consistency and professional management of a global hospitality group.
The transaction was led by our Shanghai Partner and Hong Kong Registered Foreign Lawyer, Kitty Chan, support by Managing Partner of Hong Kong and Mainland China, David Bulley, and our Legal Manager, Kelly Tang.
This complex cross-jurisdictional and high-profile transaction once again highlights Appleby’s strength in handling high-profile SPAC/de-SPAC transactions across the Asia-Pacific region. Our clients continue to rely on our market-leading cross-jurisdictional M&A capabilities and trusted legal insights in navigating sophisticated deals.
