Hotel101 Global agrees to sell 780 units to DD Hotel101 Worldwide One for US$205 million TCP
Bitget2026/09/25 11:31- Hotel101 Global Holdings disclosed agreements to sell 780 hotel units to DD Hotel101 Worldwide One for about USD 205 million.
- Revenue will be recognized on a percentage-of-completion basis as units are built and delivered.
- The buyer also agreed to acquire 300 units from a company affiliate for an expected total contract price of USD 33 million.
- A deposit was placed for another 300 units across projects under development in Melbourne and Milan.
- DoubleDragon, the controlling shareholder, holds a minority stake in the buyer consortium; the deal cleared audit committee review.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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