Hotel101 Global—a unit of DoubleDragon, the joint venture of tycoon Tony Tan Caktiong (founder of Philippine fastfood giant Jollibee Foods) and real estate magnate Edgar Sia II—is expanding into Thailand with a plan to invest $200 million to build three hotels in Southeast Asia’s top tourist destination.

The projects will be undertaken over the next three years, with the first hotel to be located in Bangkok with the other two in Pattaya and Phuket, Sia said in a mobile text message. The hotels will have over 2,000 rooms, he said.

Hotel101 Bangkok, a joint venture with Thai builder Origin Property, will be among the city’s three biggest hotels with 770 rooms, Sia said. Hotel........

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