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News  ›  GlobeNewswire Inc.

Hotel101 Global Announces a Joint Venture with Definitive Binding Agreements Signed for the Development of Hotel101 in Milan, Italy

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hotel101 Global Holdings Corp.
Hotel101 Global Announces a Joint Venture with Definitive Binding Agreements Signed for the Development of Hotel101 in Milan, Italy

Hotel101 Global signed definitive agreements to develop a 429-room hotel in San Donato Milanese, Milan, Italy, marking a significant expansion of their European strategy. The project is expected to generate €85.8 million in sales revenue and be completed by 2028.

Insights
HBNB   positive

Expanding into European market, signing strategic joint venture, projecting significant revenue generation, and advancing global growth strategy