Business
Hotel101 Expands to Cairo, Egypt, Accelerating Philippine Firm's Global Strategy
Hotel101 Global, a subsidiary of Philippine firm DoubleDragon, announced its first development in Africa with a 4-star hotel in Cairo, Egypt. This move accelerates the company's global expansion strategy, with completion expected by 2029 and an estimated cost of $102 million.
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- Filipino Hotel Brand Hotel101 Expands to Egypt, Entering African Market
DoubleDragon Corp.'s Hotel101 has signed a development agreement in Egypt, marking its first foray into the African market. This expansion signifies the first time a Filipino-born business model will enter the African continent.