Hotel101 debuts on Nasdaq, a first for the Philippines

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Hotel101 Global Holdings Corp. is the first Filipino-owned company to be listed and traded on the Nasdaq.

(UPDATED TO INCLUDE FINAL DETAILS)

MANILA, Philippines – Hotel101 Global Holdings Corp., the fast-growing condotel business of DoubleDragon Corp., will finally start trading on Nasdaq in New York on July 1, the first Filipino-owned company to do so on the tech heavy exchange alongside global giants, including Microsoft Corp. and Apple Inc.

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Following the ringing of the opening bell last week, the prop-tech hospitality platform of Mang Inasal founder Edgar “Injap” Sia II and Tony Tan Caktiong of the Jollibee Group, which has a valuation of $2.3 billion, will be traded under the ticker symbol “HBNB.”

READ: Hotel101 Global all set for June Nasdaq listing

Over the weekend, the company announced it had received the approval for the listing.

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