DoubleDragon taps CK Builders to construct biggest hotel in Mindanao

DoubleDragon Properties Corp. has tapped CK Builders Inc. to construct Hotel 101-Davao, set to be the biggest hotel in the Mindanao region.

In an emailed statement, DoubleDragon said its subsidiary Hotel of Asia Inc. (HOA) recently inked a contract with CK Builders for the construction of the 519-room hotel.

Hotel 101-Davao is a joint venture project of HOA and Davao-based W2JP2 Corp. which will rise on a 5,300-square meter lot on Eco West Drive in Davao City.

"Hotel 101-Davao will be the largest hotel in Mindanao with 519 hotel rooms, a commercial and retail strip, and facilities to cater convention," DoubleDragon said in an earlier disclosure.

The new hotel will be in addition to the Hotel 101-Manila along the Mall of Asia and Hotel 101-Fort which is under construction.

DoubleDragon Properties officers Edgar Injap Sia II (2nd from right) and Ferdinand Sia sign a contract with Christopher King of CK Builders Corp. and W2JP2 Corp. officers Lorenzo Jun Te and Sammy Uy for the construction of Hotel 101-Davao. DoubleDragon Properties Corp.

"We envision Hotel 101 to become the largest and most recognized hotel chain in the Philippines, significantly contributing to the recurring income of DoubleDragon, and at the same time providing the market with an innovative, safe and secure investment platform," DoubleDragon Chairman Edgar Injap Sia II said.

DoubleDragon's core projects include CityMall, DD Meridian Park, Jollibee Tower, The SkySuites Tower, Dragon8 Mall, and W.H Taft Residences.

It also has several projects in Iloilo such as the Injap Tower, The Uptown Place, People's Condominium, FirstHomes Subdivision, and HappyHomes-Mandurriao. —Jon Viktor Cabuenas/KG, GMA News