DoubleDragon Corporation explained
| DoubleDragon |
| Type: | Public |
| Industry: | Real estate
Retail |
| Former Names: | Injap Land Corporation (2009–2012)
DoubleDragon Properties Corporation (2012–2021) |
| Successors: | --> |
| Founded: | in Iloilo City |
| Founder: | Edgar Sia II |
| Hq Location City: | Pasay, Metro Manila |
| Hq Location Country: | Philippines |
| Area Served: | Philippines |
| Areas Served: | --> |
| Traded As: | (common) (preferred) |
| Owners: | --> |
| Parent: | Injap Investments, Inc.
Honeystar Holdings Corporation |
| Subsid: | CityMall |
DoubleDragon Corporation, formerly Injap Land Corporation and DoubleDragon Properties Corporation, is a Philippine real estate development 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]
Subsidiaries
-
- 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.[5]
- 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 1.17ha, 482-room hotel in Niseko, Hokkaido, Japan.[6] [7] [8] 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.[9]
- Iloilo-Guimaras Ferry Terminal Corporation
- Piccadilly Circus Landing, Inc.
Notes and References
- Web site: DoubleDragon Properties Corp.: Private Company Information . Bloomberg . May 21, 2017.
- Web site: Hottest stock: DoubleDragon . Manila Standard . March 4, 2016. September 12, 2017.
- Web site: Edgar Sia . Forbes.com . May 21, 2017.
- Web site: DoubleDragon Corporation . February 1, 2017 . DD:Philippines Stock Quote - DoubleDragon Corporation - Bloomberg Markets . September 12, 2024 . Bloomberg.com.
- News: Mercurio. Richmond . DoubleDragon to unveil new Hotel101 projects. April 25, 2024 . The Philippine Star. April 25, 2024.
- News: DoubleDragon starts building Hotel101-Niseko in Hokkaido .
- News: Hotel101 reaches Japan, Spain, and USA - The Filipino Times . 30 April 2024.
- News: Adonis . Meg J. . Hotel101 property in Japanese ski town to be ‘green’ . INQUIRER.net . 22 April 2024 . en.
- News: Hotel 101 Madrid breaks ground . BusinessMirror . 15 March 2024.
