Director, chairman and CEO (Doubledragon Corp); Chairman and CEO (Injap Investments, Inc); Founder (Mang Inasal Philippines, Inc), Doubledragon Corp, Injap Investments, Inc, Mang Inasal Philippines, Inc
The inspirational entrepreneur has ventured into hospitality, with his Nasdaq-listed Hotel101 Global envisioned to be a truly global presence
The inspirational entrepreneur who founded the beloved Filipino fast-food chain Mang Inasal, Edgar “Injap” Sia II continues to redefine the scale of Filipino business. Now serving as Chairman and CEO of DoubleDragon Corporation, Sia’s latest chapter centres on Hotel101, a standardised, asset-light hospitality model designed to build a global network of hotels using a uniform-room concept.
Sia first gained recognition as the founder of Mang Inasal, an affordable rice-and-chicken franchise that expanded to over 500 branches before its acquisition by Jollibee Foods Corporation made him the country’s youngest billionaire. Together with Jollibee founder Tony Tan-Caktiong, he co-founded DoubleDragon, the publicly listed real estate powerhouse behind the CityMall chain. The duo also launched online stock brokerage DragonFi Securities Inc. in 2023. DoubleDragon’s ecosystem expanded further in 2026 when it moved to consolidate supermarket chain MerryMart following a successful tender offer accepted by nearly 99 per cent of shareholders.
Sia’s global footprint is driven by Hotel101 Global as it advances towards a historic US NASDAQ listing. Building on a 2025 agreement to develop 10,000 rooms in Saudi Arabia, the company opened Hotel101-Madrid in March 2026—achieving 100 per cent occupancy and €100,000 in revenue in a single day—before launching Hotel101-Davao in July and targeting a December debut for Hotel101-Niseko in Japan. With an ultimate ambition to scale to one million rooms across 100 countries, the asset-light model marks Sia’s transformation into an international hospitality figure.
“I plan to continue my entrepreneurial journey, as I believe carefully built sustainable businesses... create a highly transformative impact on society in the long run.”
Impacted Industries
Real Estate & Hospitality
Awards
2016: Special Achievement Award (Enterprise Asia)
2016: MVP Bossing Awards (PLDT MVP Awards)
Did You Know?
Sia got his nickname “Injap” from childhood. It is a portmanteau of two slang words: “intsik”, referring to Chinese immigrants, which his father was, and “jap” because his mother was half-Japanese. Sia turned the derogatory term into a source of pride, leaning on this moniker taken from the two enterprising cultures to create an identity of his own.
