DoubleDragon Corporation

DoubleDragon
FormerlyInjap Land Corporation (2009–2012)
DoubleDragon Properties Corporation (2012–2021)
Company typePublic
PSE: DD (common) PSE: DDPR (preferred)
IndustryReal estate
Retail
FoundedDecember 9, 2009 (2009-12-09) in Iloilo City
Founder Edgar Sia II
Headquarters
10th floor, Tower 1, DoubleDragon Plaza, DD Meridian Park Macapagal Boulevard corner EDSA Extension, Bay City, Pasay City, Metro Manila
,
Philippines
Area served
Philippines
Key people
ParentInjap Investments, Inc.
Honeystar Holdings Corporation
SubsidiariesCityMall, Hotel101
Websitedoubledragon.com.ph

DoubleDragon Corporation, formerly Injap Land Corporation and DoubleDragon Properties Corporation, is a Philippine investment management company based in Pasay City, Metro Manila, Philippines. It was founded in 2009 as a subsidiary of Injap Investments, Inc in Iloilo City.[1] In 2012, the company became a joint venture between Injap Investments, Inc. and Honeystar Holdings Corporation.[2]

It is the parent company of CityMall, which planned to build 100 shopping malls by 2020.[3]

The company went public in 2014.[3] As of September 2024, it has a market capitalization of PHP 21.5 billion.[4] In 2025, its subsidiary, Hotel101 Global became the first Filipino-owned firm to be listed on the Nasdaq Stock Exchange in New York.[5]

Subsidiaries

  • CityMall Commercial Centers, Inc.
  • DoubleDragon Sales Corporation
  • DoubleDragon Property Management Corporation
  • DD Happyhomes Residential Centers, Inc.
  • DD-Meridian Park Development Corporation
  • Hotel of Asia, Inc.
    • Injap Tower Hotel Iloilo
    • Hotel 101
      • In April, 2024, aside from operating Hotel101-Manila and Hotel101-Bonifacio Global City, DoubleDragon announced the opening of 519-unit Hotel101-Davao City, 548-unit Hotel101 Cebu-Mactan, Hotel101-Libis Camp Atienza, Eastwood, and Hotel101 branded hotels in Palawan, Bohol, Boracay, Cagayan de Oro and Baguio.[6]
      • Hotel101 Global Pte.Ltd.- the hotel brand's Singapore-based unit, primarily responsible for the hotel's global operations. The subsidiary is currently involved for the development of the Hotel101-Niseko, a 1.17-hectare (2.9-acre), 482-room hotel in Niseko, Hokkaido, Japan.[7][8][9] The company also launched its second hotel on Madrid, Spain, named Hotel101-Madrid, a 680-room hotel and serves as the company's first hotel in the European Continent.[10]
  • Iloilo-Guimaras Ferry Terminal Corporation
  • Piccadilly Circus Landing, Inc.

References

  1. ^ "DoubleDragon Properties Corp.: Private Company Information". Bloomberg. Retrieved May 21, 2017.
  2. ^ "Hottest stock: DoubleDragon". Manila Standard. March 4, 2016. Retrieved September 12, 2017.
  3. ^ a b "Edgar Sia". Forbes.com. Retrieved May 21, 2017.
  4. ^ DoubleDragon Corporation (February 1, 2017). "DD:Philippines Stock Quote - DoubleDragon Corporation - Bloomberg Markets". Bloomberg.com. Retrieved September 12, 2024.
  5. ^ "Hotel101 becomes first Filipino firm to list on Nasdaq". Rappler. June 27, 2025. Retrieved June 27, 2025.
  6. ^ Mercurio, Richmond (April 25, 2024). "DoubleDragon to unveil new Hotel101 projects". The Philippine Star. Retrieved April 25, 2024.
  7. ^ "DoubleDragon starts building Hotel101-Niseko in Hokkaido".
  8. ^ "Hotel101 reaches Japan, Spain, and USA - The Filipino Times". April 30, 2024.
  9. ^ Adonis, Meg J. (April 22, 2024). "Hotel101 property in Japanese ski town to be 'green'". INQUIRER.net.
  10. ^ "Hotel 101 Madrid breaks ground". BusinessMirror. March 15, 2024.
  • Official website
  • Media related to DoubleDragon Properties at Wikimedia Commons
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