GlobeNewswire | January 21, 2026

PRIME SITE; HOTEL101-MELBOURNE LOCATION IS AT No. 540 FLINDERS LANE, RIGHT IN THE HEART OF MELBOURNE’S CENTRAL BUSINESS DISTRICT

HOTEL101-MELBOURNE IS SET TO HAVE APPROX. 766 ROOMS AND FEATURE MEETING SPACES AND A CONFERENCE CENTER

HOTEL101-MELBOURNE IS EXPECTED TO GENERATE APPROX. AU$323.6 MILLION IN SALES REVENUE

HOTEL101-MELBOURNE, WITH ITS EXPECTED 766 ROOMS, IS SET TO BE THE LARGEST HOTEL IN MELBOURNE, VICTORIA, AUSTRALIA BY ROOMCOUNT

SINGAPORE, Jan. 20, 2026 (GLOBE NEWSWIRE) — Hotel101 Global Holdings Corp. (NASDAQ Ticker: HBNB) (“Hotel101” or “Hotel101 Global”), a leading asset-light, prop-tech hospitality platform pioneering a global standardized “condotel” business model listed on the Nasdaq Stock Exchange and a subsidiary of Philippine-listed DoubleDragon Corporation (PSE Ticker: DD), announces the signing of definitive binding agreements for the development of a 766-room Hotel101 in the heart of Melbourne’s Central Business District at 540 Flinders Lane, Melbourne, Victoria, Australia. This expansion marks a significant milestone in the company’s global growth strategy, bringing its novel, globally standardized “condotel” business model to one of Australia’s most vibrant and dynamic cities.

The hotel is set to be located in the heart of Melbourne’s Central Business District along the iconic Flinders Lane, a prime area renowned for its laneways, street art, boutique shopping, world-class dining and proximity to major attractions such as Federation Square, Flinders Street Station, the Yarra River and Southbank entertainment precinct. This strategic site positions the property as an ideal hub for leisure and business travelers seeking seamless access to Melbourne’s cultural, commercial and sporting hubs and is expected to complement the existing hotel offerings in the CBD.

Key Location Advantages:

• Central CBD Position: In the heart of Melbourne at 540 Flinders Lane, with close proximity to Flinders Street and Southern Cross Train Stations and within walking distance to Southbank Entertainment Precinct and free tram zones, guests are expected to enjoy effortless connectivity to key landmarks including Federation Square, the Arts Centre and the Melbourne Cricket Ground (MCG).
• Proximity to Major Attractions and Events: Ideally situated to capitalize on Melbourne’s thriving tourism driven by year-round world-class annual events, including the Australian Open tennis tournament, the Formula 1 Australian Grand Prix, the Melbourne International Comedy Festival and the Melbourne Cup Carnival.
  

Hotel101-Melbourne is expected to generate approx. AU$323.6 million in sales revenue once fully sold, and is expected to be completed by 2029 forming part of Hotel101 Global’s global expansion strategy.

Hotel101-Melbourne is expected to offer 4-star amenities at affordable prices, including ample meeting spaces and a conference center tailored for business events. Consistent with Hotel101’s offerings across its locations globally, guests are expected to be able to enjoy modern rooms, 24/7 reception, all day dining, swimming pool, full-size gym, business center, children’s pool, rooftop bar, ample parking, luggage storage and other amenities.

The development is subject to customary federal, state and local regulatory approvals.

About Hotel101 Global

Listed on Nasdaq (Ticker: HBNB) with a market capitalization of approx. US$2.34 billion as of January 16, 2026. Hotel101 is an asset-light, prop-tech hospitality platform pioneering a global standardized “condotel” business model. Hotel101 aims to disrupt the global hotel and hospitality sector through its unique tech-enabled business model that positions it to generate revenues twice: first from the advance sale of individual hotel units during the construction phase; and second, from long-term recurring revenue derived from day-to-day hotel operations. The expansion of Hotel101 towards its long-term goal to operate in 100 countries globally is expected to be driven mainly by joint ventures and license agreements with local developers in various countries worldwide.

Hotel101 Global expects to start accepting hotel guests at Hotel101-Madrid, the first global Hotel101 project expected to become operational, by March 2026. The Hotel101 Global Group is advancing its global expansion plans towards its medium-term goal to be in 25 countries and its long-term goal of operating one million Hotel101 rooms in 100 countries globally.