TODAY, 20 JULY 2023, DOUBLEDRAGON’S HOTEL101 SIGNS MASTER SERVICE AGREEMENTS WITH ORIENCE, PSI CONSULTANTS AND L&L RSM LAW AS THE EXCLUSIVE ADVISORY SERVICE PROVIDERS FOR HOTEL101 MADRID "GOLDEN VISA" (RESIDENCE BY INVESTMENT) PROCESSING
ORIENCE, PSI CONSULTANTS AND L&L RSM LAW ARE PART OF THE TOP SPANISH ADVISORY FIRMS SPECIALIZING IN THE “GOLDEN VISA” PROGRAM
The Golden Visa processing and advisory fee that cost about 6,000 EURO will be Free of Cost for those who will purchase 3 Hotel101 units in Madrid Spain from the start of the unit pre-selling until December 31, 2023 or until the units are fully sold out, whichever comes first.
Hotel101-Madrid is set to become one of the Top 5 largest hotels in Madrid, Spain
Hotel101-Madrid is set to be the very first homegrown Filipino hotel chain to enter Spain
Robust sales revenue of about €143.3 Million Euros (P8.8 Billion Pesos) is expected to be generated from the Hotel101- Madrid project |
About Orience: Orience was established in 2013 in Barcelona focusing on residency by investment through the Spanish “Golden Visa” program. Today they are a global full-service firm dedicated to all programs for residency and citizenship across the globe. Over the last 10 years, they have expanded to incorporate real estate, property management, investment solutions and legal and tax advice. Their multi-disciplined, multilingual team can customize mobility solutions for investors, companies and digital nomads wherever they may be. Key collaborators for this partnership are Oriol Molas, Founder and Managing Partner, and Krista Victorio, Managing Partner who has also pursued the Spanish golden visa program herself. Orience has offices in Barcelona and Madrid, and soon to be Ibiza, Malaga, and Valencia.
About PSI Consultants: Founded in 2002 by its founder and Managing Director, Paolo Piccio, PSI Consultants, along with its team of in-house lawyers and accountants, has successfully assisted numerous clients, earning their satisfaction. This experience has enabled PSI Consultants to excel in offering professional and efficient services encompassing all legal and fiscal aspects of residing, living, and investing in Spain. The company's longstanding commitment to business practices has contributed significantly to achieving a high level of customer satisfaction over the years. About L&L Spain & RSM Law: L&L Spain’s goal is to make investors landing and integration to Spanish life as painless and as easy as possible. Led by co-founders Luis Pérez de Miguel Infante and Andrew Masigan, they offer services covering visa applications, general consulting, legal, logistics and real estate advise and have partnered with RSM Law Spain to better provide these services to their clients. RSM Law is the sixth largest international audit and assurance, legal, tax, consulting and corporate finance services organization. With a presence in more than 120 countries, it has 830 offices and more than 57,000 professionals.
About Hotel101 Global Pte. Ltd.: The Singapore registered Hotel101 Global Pte. Ltd. (“Hotel101 Global”), is the worldwide hotel expansion subsidiary of Philippine parent company DoubleDragon Corporation. DoubleDrgaon targets to list its subsidiary Hotel101 Global at NASDAQ (US Stock Exchange) given that eventually Hotel101 Global is expected to derive over 95% of its revenues outside of the Philippines. The first three overseas Hotel101 projects will be in Niseko Hokkaido Japan, Madrid Spain and California USA. These first three overseas sites will serve as bridge projects to jumpstart the transition of Hotel101 to transcend beyond these first three countries and become a global brand with a truly unique business concept that can be planted in over 100 countries. Target near term expansion roadmap for Hotel101 Global is to be in these first 25 countries by 2026 namely: Philippines, Japan, Spain, USA, United Kingdom, UAE, India, Thailand, Malaysia, Vietnam, Indonesia, Saudi Arabia, Singapore, Cambodia, Bangladesh, Mexico, South Korea, Australia, Canada, Switzerland, Turkey, Italy, Germany, France and China. About DoubleDragon Corporation: DoubleDragon Corporation is one of a handful of companies in the Philippines that has accumulated a completed recurring income portfolio of 1.2 million square meters in diversified hard assets in office leasing with its Jollibee Tower, DD Meridian Park complex, its string of CityMall community centers, its string of CentralHub industrial warehouse complexes, its string of Hotel101 projects in the Philippines and overseas. As of March 31, 2023, DoubleDragon’s Total Equity stands at P81.96 Billion and Total Cash Position stands at P9.03 Billion. DoubleDragon has recently been upgraded to the highest PhilRatings PRS Triple A Credit Rating. |