Hotel101 Global Holdings Corp. (HBNB)
Company
Hotel101 Global Holdings Corp. (HBNB)
SPAC: JVSPAC Acquisition Corp. (JVSA)
Jul 01, 2025
Real Estate
Merger / DESPAC- SPAC/IPOIPOJan 2024Unit Split · Mar 2024SPAC/IPOIPOJan 2024Unit Split · Mar 2024
- LOILOILOILOI
- AgreementDealApr 2024AgreementDealApr 2024
- Merger voteVoteJun 2025Merger voteVoteJun 2025
- MergerMergerJul 2025MergerMergerJul 2025
Merger · Jul 2025
Headquartered in Singapore, 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.
Hotel101 and its affiliates have nine Hotel101-branded properties in the Philippines in various stages of operations and development, as well as three projects under development overseas in Hokkaido (Japan), Madrid (Spain), and Los Angeles (United States). In May 2025, Hotel101 signed an agreement with Saudi Arabia’s Horizon Group to, subject to additional contract, establish a joint venture for the development of up to 10 hotels in Saudi Arabia. Hotel101 aspires to operate 1 million rooms across 100 countries worldwide, with an initial 25 identified priority countries for the medium term. Hotel101 is a subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD).
For more information, visit www.hotel101global.com.
JVSPAC Acquisition Corporation is a blank check company incorporated for the purpose of effecting a business combination (Special Purpose Acquisition Company). Listed on the Nasdaq, JVSPAC is led by Chairman and CEO Mr. Albert Wong. Mr. Wong has over two decades of experience in management, investment, marketing and capital markets with a focus on capital raising, special situation advisory, portfolio and project management, and execution. Since 2010, Mr. Wong has been the CEO and Director of Kingsway Group Holdings, a distribution conglomerate with luxury products ranging from yachts, automotive and prestige lifestyle solutions. Kingsway is the sole distributor of Lamborghini in Hong Kong, Macau and Guangzhou. Kingsway is also the sole distributor of Koenigsegg Automotive, Rimac Automobili and Bugatti Automobiles for China (including Hong Kong and Macau). In addition, Kingsway works with Tesla Inc in the aftersales servicing business. Mr. Wong is also co-founder of JVSakk Group and has been its Executive Director since 2010. JVSakk is a Hong Kong-based financial firm providing services in securities brokerage, asset, and fund management. They are also a licensed insurance broker and real estate agency in Hong Kong. Mr. Wong is responsible for overseeing growth, strategy, and investment decisions, and as of the end of 2022, JVSakk has approximately HK$6 billion in assets under management. Since 2014, Mr. Wong has been a member of the Advisory and Operating Committee of Isola Capital Group, an asset management and family office platform servicing shareholders and investors to access proprietary investment opportunities and asset management solutions.
Chart/Sentiment
Financials
JVSPAC Acquisition Corp. (JVSA)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
| 2025-03-31 | 61.5 m USD |
| 2024-12-31 | 60.3 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.










