Jollibee Founder and DD Co-Chairman Tony Tan Caktiong and Mang Inasal Founder and DD Chairman Injap Sia with Philippine Ambassador to Spain Philippe J. Lhuillier.
The Minister of Economy, Finance and Employment of the Region of Madrid, Spain, Rocio Albert Lopez-Ibor, delivers her message during the Hotel101-Madrid groundbreaking event.
MADRID, SPAIN—The 680-room Hotel101-Madrid has progressed with two milestone activities on March 13, 2024 as it held its groundbreaking ceremony and signed the construction contract with Ferrovial Construction at Valdebebas, Madrid, Spain.
The groundbreaking ceremony was graced by the Minister of Economy, Finance and Employment of the Region of Madrid, Spain, Rocio Albert Lopez-Ibor and the Philippine Ambassador to Spain, Philippe J. Lhuillier.
Both activities of Hotel101-Madrid were led by DoubleDragon Chairman Edgar Injap Sia II, Hotel101 CEO Hannah Yulo-Luccini, and DoubleDragon Co-Chairman Tony Tan Caktiong.
The milestone event was also graced by the officers of Ferrovial Construction Group represented by Juan Luis Junguito Oppelt (Director Region Centro of Ferrovial), Belen Marquina Susin (Directoria Edificacion Madrid of Ferrovial), Manuel Angel Sanz Pecharroman (Jefe de Grupo de Obras of Ferrovial), and Equicom Group Chairman Antonio L. Go.
Ferrovial, one of the largest construction companies in Spain, commenced in full swing the construction of Hotel101-Madrid in April 2024. It is scheduled to be fully completed by Q4 2025, opening just in time for the start of the Madrid F1 Grand Prix, which happens to be located right beside Hotel101-Madrid.
The 680-room Hotel101-Madrid project is set to become one of the top five largest hotels in Madrid, Spain, and is located in a 6,593 sq.m. prime commercial property recently purchased by Hotel101 located along Avenida Fuerzas Armadas, Valdebebas, Madrid, which is surrounded by major landmark buildings and is about three minutes walk to the Valdebebas Train Station, four minutes walk to IFEMA convention complex, five minutes walk to Real Madrid Sports Complex, and around seven minutes to the new Madrid Barajas International Airport.
