Philippine hotel chain goes global with Japan ski resort development

TOKYO -- Singapore-based Philippine chain Hotel101 is planning to launch one of its first overseas facilities at the northern Japanese ski resort of Niseko based on a model of fast-food-style standardization, its global CEO told Nikkei Asia.

Hotel101, aiming to list on the Nasdaq later this year, currently operates solely in the Philippines but is planning to rapidly expand abroad, targeting 25 countries in the short term. It intends to achieve that by holding down costs.