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Selina

24 stories about Selina

Selina Israel seeks liquidation after parent company's asset sale
05.03.25|Lital DobrovitzkySingaporean buyer shows no interest in Israeli operations, leaving the company leaderless and insolvent.
Selina Israel ceases operations after global hospitality chain crumbles
15.09.24|Amir PergerThe collapse of the once-promising brand leaves a trail of unpaid debts and abandoned hotels across Israel.
Checked out: Selina's global hostel empire sold off after unicorn's dreams unravel
27.08.24|Viki AuslenderOnce a darling of digital nomads, reaching a valuation of $1.2 billion, Selina is stripped of its assets as investors lose faith.
Selina Hospitality files for administration, to be delisted from Nasdaq
22.07.24|Sophie ShulmanThe hospitality chain has lost 99.5% of its value since going public at a $1.2 billion valuation in December 2021, currently having a market cap of just $20 million.
Selina: The end? Hospitality chain facing insolvency after defaulting on loan
21.07.24|Sophie ShulmanThe hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines.
From $1.2 billion to $12 million: Selina's valuation continues to crumble
10.04.24|CTechThe hospitality company claims to have reduced its debt by $52 million and its co-founders have announced they are converting cash compensation into shares to strengthen credibility, but investors remain unimpressed
After losing 99% of its value, hospitality company Selina receives $20 million lifeline from Osprey Investments
07.12.23|Viki AuslenderAssuming that the agreement is completed, and that Osprey converts the debt into shares and exercises the options for further investment, it will become the controlling owner of Selina
Can Selina and WeWork find stability beyond the high-tech mirage?
23.08.23|Sophie ShulmanShaping the future: Pondering Selina and WeWork's path to stability beyond high-tech illusions
Selina shares down over 96% from IPO price after single-day 41% plunge
20.08.23|CTechThe Israeli-founded hospitality company currently has a market cap of just $46 million, a far cry from the $1.2 billion valuation at which it went public last October
Hospitality company Selina sacks 350 employees as it continues to bleed cash
27.06.23|Sophie ShulmanThe Israeli-founded company went public in October through a SPAC merger at a valuation of $1.2 billion, but currently has a market cap of around just $120 million
After losing almost 90% of its value: Is Selina on its way to becoming the next WeWork?
04.05.23|Viki AuslenderThe Israeli-founded company, which completed its IPO in 2022 at a valuation of $1.2 billion, currently has a market cap of just $130 million
Selina shares surge over 300% on first day on Wall Street
27.10.22|CTechThe Israeli-founded hospitality company began trading on Thursday after completing a merger with SPAC BOA at a $1.2 billion valuation
"The Millennials and Generation Z are 40% of hotel customers - we need to speak their language"
06.06.22|Neta Li-BinshtockDaniel Rudasevski, co-founder of the global hospitality chain Selina, said at Calcalist’s Israel-Greece conference in collaboration with Aroundtown and Brown Hotels: "If there’s no hot water they will manage, but without internet access they will not come"
"Entrepreneurship is not about sitting around with a laptop and thinking about ideas; it's about understanding risks and downside"
10.01.21|CTechHorizen Labs co-founder Liat Aaronson speaks to Michael Matias about her career-spanning love affair with entrepreneurship, from the sidelines and into the fray
Selina partners with Israeli scooter-sharing company LEO Ride
14.10.20|Meir OrbachInstead of competing with Lime and Bird, LEO chose to pivot to a B2B business model
Hospitality Chain Selina Announces First Location in Northern Israel
17.10.19|Adi PickThe new location, which is set to include a recording studio and co-working space, will open in the first quarter of 2020
Hostel Chain Selina Partners With Training School Elevation Academy on Tech Bootcamp
07.07.19|Maayan ManelaThe three-month program combines a trip to a Panamanian coastal resort offering coding and app development training
Hospitality Chain Selina to Open Location in Jaffa
17.06.19|Adi PickSelina’s hostels offer co-working spaces, curated tours, wellness and fitness classes, homegrown produce-based meals, and volunteer activities
Hostel Chain Selina Raises $100 Million
24.04.19|CTechSelina operates hostels that feature co-working spaces, curated tours, homegrown produce-based meals, and volunteer activities
Hospitality Company Selina to Open Multiple Israeli Locations
04.02.19|Dotan LevyThe chain, which currently offers 10,000 beds worldwide, aims to reach 100,000 by 2022, according to Selina Israel head Yossi Mautner

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