Hotel101-Madrid inks 10-year F1 deal
Text size
Three decades after the Marcopper mining disaster devastated Marinduque’s waterways, the province is again pressing the…
Housing is probably the biggest issue affecting people the world over.
Malacañang on Monday called for a more thorough investigation into the questioned flood control projects in Taguig…
The defense on Monday backed the move by senator-judges to exclude a prosecution witness who testified on the firearms…
Hotel101 Global, a subsidiary of DoubleDragon Corp., has signed a 10-year agreement with MATCH Hospitality to designate Hotel101-Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid.
In a market disclosure on Monday, DoubleDragon, the real estate firm led by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, said the agreement covers the races from 2026 to 2035.
MATCH Hospitality, the official hospitality provider for the Spanish Grand Prix, is known for managing programs for major sporting events, including the FIFA World Cup and Formula 1 British Grand Prix.
Near circuit
“We are honored to partner with MATCH Hospitality to serve as the official hotel accommodation for the Formula 1 Spanish Grand Prix in Madrid, Spain,” said Hannah Yulo-Luccini, CEO of Hotel101 Global.
“Hotel101-Madrid’s prime location next to the F1 circuit, combined with our globally standardized ‘Happy Room’ concept, positions Hotel101-Madrid as the ideal choice for fans and participants seeking comfort, convenience and irresistible value. This partnership marks a significant milestone in our mission to establish Hotel101 as a leading global hospitality brand,” she added.
The 680-room Hotel101-Madrid, currently under construction by Ferrovial, is slated for completion by the fourth quarter of 2025. It will be one of Madrid’s five largest hotels, located beside the future F1 circuit in Valdebebas and near key transport and commercial hubs.
