HBNB stock news · Hotel101 Global Holdings Corp.
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Hotel101-Madrid made about $3.28 million in recurring revenue last month, setting a new record.
Good for HBNBHotel101-Madrid recorded €2.931 million (about US$3.28 million) in recurring revenue in October and 97.41% average occupancy. This record month supports HBNB's model, though its expansion plans remain goals.
Hotel101 Global is starting a new hotel project in Cairo, Egypt.
Good for HBNBHotel101 Global plans its first African project in Cairo, with an expected value of about US$102 million. This gives the company a new market, though completion is planned for 2029.