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DoubleDragon Corporation

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DoubleDragon
FormerlyInjap Land Corporation (2009–2012)
DoubleDragon Properties Corporation (2012–2021)
Company typePublic
PSE: DD (common) PSE: DDPR (preferred)
IndustryReal estate
Retail
FoundedDecember 9, 2009; 14 years ago (2009-12-09) in Iloilo City
Founder Edgar Sia II
Headquarters
Pasay, Metro Manila
,
Philippines
Area served
Philippines
Key people
ParentInjap Investments, Inc.
Honeystar Holdings Corporation
SubsidiariesCityMall
Websitedoubledragon.com.ph Edit this at Wikidata
Corporate logo prior until 2021

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

[edit]
  • CityMall Commercial Centers, Inc.
  • DoubleDragon Sales Corporation
  • 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 1.17-hectare (2.9-acre), 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.
[edit]
  • Signage at CityMall Tetuan-Zamboanga
    Signage at CityMall Tetuan-Zamboanga
  • The DoubleDragon Plaza at DD Meridian Park along EDSA Extension in Pasay
    The DoubleDragon Plaza at DD Meridian Park along EDSA Extension in Pasay

References

[edit]
  1. ^ "DoubleDragon Properties Corp.: Private Company Information". Bloomberg. Retrieved May 21, 2017.
  2. ^ "Hottest stock: DoubleDragon". Manila Standard. March 4, 2016. Retrieved September 12, 2017.
  3. ^ a b "Edgar Sia". Forbes.com. Retrieved May 21, 2017.
  4. ^ DoubleDragon Corporation (February 1, 2017). "DD:Philippines Stock Quote - DoubleDragon Corporation - Bloomberg Markets". Bloomberg.com. Retrieved September 12, 2024.
  5. ^ Mercurio, Richmond (April 25, 2024). "DoubleDragon to unveil new Hotel101 projects". The Philippine Star. Retrieved April 25, 2024.
  6. ^ "DoubleDragon starts building Hotel101-Niseko in Hokkaido".
  7. ^ "Hotel101 reaches Japan, Spain, and USA - The Filipino Times". April 30, 2024.
  8. ^ Adonis, Meg J. (April 22, 2024). "Hotel101 property in Japanese ski town to be 'green'". INQUIRER.net.
  9. ^ "Hotel 101 Madrid breaks ground". BusinessMirror. March 15, 2024.
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