Opens 1,788 bed spaces within eight properties
in Greece, Australia, Portugal, Panama, the United States, Morocco,
and Israel
Signs 3,204 bed spaces, a 32.5% increase Y-o-Y,
within eight new properties and two expansions across Australia,
the United States, Greece, Mexico, Portugal, Panama, and Israel
Selina, the fast-growing lifestyle and experiential hospitality
brand targeting Millennial and Gen Z travelers, announced today
that it celebrated the opening of eight new properties in Greece,
Australia, Portugal, Panama, the United States, Morocco and Israel
during the second quarter of 2022. It also signed eight new
properties, a 17% increase from Q1 2021, in Australia, USA, Greece,
Mexico, Portugal, Panama and Israel, during the same period. These
new properties advance the company’s mission to redefine the future
of travel by creating destination experiences that strongly
resonate with a large and underserved traveler cohort that spends
approximately $350 billion per year on travel, according to
Selina’s estimates.
Collectively, these new signings and property openings cap a
highly productive quarter for Selina that included the launch of an
enhanced app to bolster the guest experience and connection, as
well as a partnership with TechnoArt to provide digital nomads with
the guidance, support and resources to grow and scale their
businesses. Moreover, the company announced the appointment of Eyal
Amzallag as Chief Operations Officer and Lena Katz as Chief
Technology Officer to further advance its efforts to build a highly
experienced executive team that brings diverse perspectives from
relevant industries. With these openings and signings, Selina
expands its portfolio to 163 open or secured properties across 25
countries and six continents. Selina also continues to enhance its
operating platform as the company progresses toward
profitability.
Rafael Museri, Selina’s Co-Founder and Chief Executive Officer,
said, “We are excited to continue Selina’s expansion across six
continents, enabling us to further immerse our brand’s programming,
events, recreation, restaurants and nightlife into the fabric of
local communities with destinations that are authentic and relevant
to locals and travelers alike. In doing so, we are able to create
value for local real estate owners, jobs for local residents and
dynamic, engaging travel experiences for our loyal network of
adventure seekers, remote workers, and digital nomads. The breadth
of our portfolio and customer base together with the improvements
we're making to our platform help to drive revenue during high and
low travel seasons and give us confidence that we will continue to
be able to scale responsibly and in a sustainable manner over the
coming years.”
The eight newly-opened properties include:
- Selina Paros, Greece:
The picture-perfect Selina Paros is nestled on the world-renowned
kitesurfing destination, Pounda Bay, opposite the tranquil island
of Antiparos and just a short ride from the airport and the main
port at Parikia. Just a 20-minute flight or a 2.5-hour ferry ride
from Athens, this cultural Greek gem is made up of traditional
white buildings, crystal blue waters and vibrant nightlife. Onsite
features include kitesurfing, snorkeling, and stand-up
paddleboarding activities, an outdoor pool with a sea-view cocktail
bar, a rooftop restaurant, a wellness studio, a yoga deck, a
curated calendar of music events, and a comfortable coworking
space.
- Selina
Brisbane,
Australia: Whether
guests want to head to Kangaroo Point for breathtaking views and an
adrenaline-inducing abseiling session, go kayaking along the river,
explore Moreton Island, or catch rays and people watch on Streets
beach, Selina Brisbane puts them at the center of the action.
Located within walking distance of Roma Street Station and Suncorp
Stadium, Selina Brisbane offers a full range of freshly renovated
ensuite rooms. Visitors can choose stunning private accommodations
or bunk up in one of the property’s state-of-the-art community
rooms. On-site features include a restaurant and bar, an outdoor
cinema terrace, complimentary WiFi, a coworking space, a library
nook, and a fully equipped shared kitchen complete with two ovens
plus all the tools needed to create meals that taste just like
home.
- Selina Evora, Portugal:
Located near Porta de Alconchel’s medieval walls, guests can
immerse themselves in fascinating history and rich culture at
Selina Evora. Just 10 minutes from the UNESCO World Heritage Site
and city center, visitors can spend their days wandering through
the narrow streets lined with white houses and explore the
inspiring cathedral and cloisters, the Giraldo square, and the
grand columns of Templo Romano, as well as sample local delicacies,
taste traditional Alentejan cuisine, or venture out to rustic
wineries and sip on Portuguese blends while taking in breathtaking
views. On-site features include a pool and bar, a restaurant, a
cafe, a wellness and fitness center, and a coworking space.
- Selina Boquete,
Panama,
Panama: Escape to Panama’s
western mountains and disconnect in nature at Selina Boquete.
Located in the heart of Panama's coffee region in the shadow of the
Barú Volcano, Selina Boquete is situated on the town’s main street
and close to some of the best coffee shops and restaurants in the
area. With a cool climate perfect for exploring nature, guests can
choose from a variety of outdoor activities, including hiking,
climbing, rafting, hot springs, and coffee farm tours, or unwind at
Selina, by the peaceful river that runs through the hotel. With
this location, Selina is demonstrating its continued commitment to
the country and community where it got its start. On-site
facilities include a beautiful wellness area, the only coworking
space in town, a restaurant, a garden, a shared kitchen and a
grab-and-go.
- Selina Washington,
D.C., USA: Selina
Union Market houses 106 rooms of mixed accommodations, including
suites, standard rooms, micro bedrooms and shared-style
accommodations. Each space allows guests to personalize their stay
based on privacy preference, comfort, and budget – a unique lodging
experience the average hotel does not offer. The property also
includes multiple open-floor coworking spaces and private meeting
rooms, an all-day restaurant, four rentable artist studios, a
cinema room, a common kitchen, an onsite wellness studio, a
downstairs cellar for dancing, and an expansive rooftop with
stunning city views and amazing cocktails.
- Selina Agafay, Morocco: Tucked away in the heart of the
Atlas Mountains just 30-kilometers south of Marrakech, Selina Nomad
Camp Agafay offers a desert oasis of peace and tranquility. Guests
can embrace stillness on a trek through the mountains, visit local
Berber villages or enjoy a hot air balloon or camel ride.
Adrenaline seekers can race across the dunes on a quad bike or
buggy to appreciate the desert's natural beauty. Selina’s rustic
glamping accommodations allow visitors to sleep under the stars and
connect with nature, with several tents boasting a private pool.
Other on-site features include a restaurant and bar, two swimming
pools, a coworking space, a shared kitchen, massage tents and a
yoga tent.
- Selina Desert
Garden, Israel: An
adventure in nature like no other, Selina Desert Garden Ramon
offers guests a unique accommodation experience inside the Ramon
crater – the largest erosion crater in Israel. With 20 glamping
tents scattered throughout the property and a large Bedouin tent,
guests can enjoy a serene escape in nature away from the hustle of
everyday life. On-site features include outdoor lounge areas, a
coffee house, a pizza bar, small pools, a tour desk and a dedicated
wellness space. Guests can enjoy a delicious dinner at the
restaurant on the weekends, or contact the hotel to book in advance
and treat themselves to a midweek meal.
- Selina Metula, Israel: Wander off the beaten track to
the remote town of Metula, Selina's destination in the northernmost
point of Israel. Set amongst the sweeping landscapes of Mount
Hermon, Israel’s only ski site, Mantur Metula sits on bustling
Harishonim Street at the heart of this red-roofed town, framed by
fruit trees and a peaceful stream. With historical sites, local
cuisine, mesmerizing waterfalls and an orchard right on Selina
Metula’s doorstep, visitors don't need to go far to find adventure.
On-site facilities include a restaurant and bar, a pool, a cinema
room, and a spa and wellness space, as well as the only coworking
space in town.
About Selina
Selina is one of the world's largest lifestyle and experiential
hospitality brands built to address the needs of millennial and Gen
Z travelers, blending beautifully designed accommodation with
coworking, recreation, wellness, and local experiences.
Custom-built for today's nomadic traveler, Selina provides guests
with a global infrastructure to seamlessly travel and work abroad.
Founded in 2014, each Selina property is designed in partnership
with local artists, creators, and tastemakers, breathing new life
into existing buildings in interesting locations around the world –
from urban cities to remote beaches and jungles. Selina's portfolio
includes over 163 open or secured properties across 25 countries
and 6 continents. On December 2, 2021, Selina entered into a
definitive merger agreement with BOA Acquisition Corp. (NYSE:
BOAS), the closing of which, which is subject to customary
conditions, will result in Selina becoming a publicly listed
company. For further information on Selina, visit www.selina.com or
check out @selina on Instagram, Twitter or Facebook. To explore
Selina real estate partnership opportunities, please contact
partnerships@selina.com.
About BOA Acquisition Corp.
BOA Acquisition Corp. is a newly organized blank check company
formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization, or
similar business combination with one or more businesses. While BOA
may pursue an initial business combination target in any business
or industry, it intends to focus its search on businesses that
provide technological solutions and innovation to the broader real
estate industry.
Additional Information and Where to Find It
This document does not contain all the information that should
be considered concerning the proposed business combination between
BOA and Selina (the “Business Combination”). In connection with the
proposed Business Combination, Selina intends to file with the U.S.
Securities and Exchange Commission (the “SEC”) a registration
statement on Form F-4 (the “Registration Statement”), which will
include a preliminary proxy statement of BOA and a prospectus. The
definitive proxy statement and other relevant documents will be
mailed to stockholders of BOA as of a record date to be established
for voting on the Business Combination. Stockholders of BOA and
other interested persons are advised to read, when available, the
preliminary proxy statement and amendments thereto, and the
definitive proxy statement because these documents will contain
important information about BOA, Selina, and the proposed
transactions. Stockholders will also be able to obtain copies of
the Registration Statement and the proxy statement/prospectus once
they are available, without charge, by directing a request to: BOA
Acquisition Corp., 2600 Virginia Ave NW, Suite T23 Management
Office, Washington, D.C. 20037. These documents, once available,
and BOA’s other filings and reports filed with the SEC can also be
obtained, without charge, at the SEC’s internet site
(http://www.sec.gov).
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN
APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY
AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS
OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION
CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
No Offer or Solicitation
This communication is for informational purpose only and not a
proxy statement or solicitation of a proxy, consent, or
authorization with respect to any securities or in respect of the
potential transaction and shall not constitute an offer to sell or
a solicitation of an offer to buy any securities, nor shall there
be any sale of any securities in any state or jurisdiction in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or jurisdiction.
Participants in Solicitation
BOA, Selina, and their respective directors and executive
officers, other members of management and employees may be
considered participants in the solicitation of proxies with respect
to the potential transaction described in this communication under
the rules of the SEC. Information about the directors and executive
officers of BOA is set forth in BOA’s filings with the SEC.
Information regarding other persons who may, under the rules of the
SEC, be deemed participants in the solicitation of the stockholders
in connection with the potential transaction and a description of
their direct and indirect interests will be set forth in the
Registration Statement (and will be included in the proxy
statement/prospectus) and other relevant documents when they are
filed with the SEC. These documents can be obtained free of charge
from the sources indicated above.
Forward-Looking Statements
This communication includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events, including, without
limitation, statements regarding the Business Combination and
expectations or plans of Selina’s management. In some cases, you
can identify forward-looking statements by terminology such as
“may,” “should,” “expect,” “intend,” “will,” “estimate,”
“anticipate,” “believe,” “predict,” “potential,” or “continue,” or
the negatives of these terms or variations of them or similar
terminology. Such forward-looking statements are subject to risks,
uncertainties (some of which are beyond the control of Selina), and
other factors which could cause actual results to differ materially
from those expressed or implied by such forward-looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by Selina and its
management, are inherently uncertain. Factors that may cause actual
results to differ materially from current expectations include,
without limitation: (1) the occurrence of any event, change, or
other circumstances that could give rise to the termination of the
definitive agreements respecting the Business Combination; (2) the
outcome of any legal proceedings that may be instituted against
BOA, Selina, or others following the announcement of the Business
Combination; (3) the inability to complete the Business Combination
due to the failure to obtain approval of the stockholders of BOA or
to satisfy other conditions to closing; (4) changes to the proposed
structure of the Business Combination that may be required or
appropriate as a result of applicable laws or regulations; (5) the
ability of Selina to meet applicable listing standards following
the consummation of the Business Combination; (6) the risk that the
Business Combination disrupts current plans and operations of
Selina as a result of the announcement and consummation of the
Business Combination; (7) the ability to recognize the anticipated
benefits of the Business Combination, which may be affected by,
among other things, competition, the ability of the combined
company to grow and manage growth profitably, maintain
relationships with customers and suppliers, and retain its
management and key employees; (8) costs related to the Business
Combination; (9) changes in applicable laws or regulations; (10)
the possibility that Selina may be adversely affected by other
economic, business, and/or competitive factors; (11) the impact of
the COVID-19 pandemic on Selina’s business and/or the ability of
the parties to complete the Business Combination; and (12) other
risks and uncertainties to be contained in the proxy
statement/prospectus filed after the date hereof. In addition,
there may be additional risks that Selina does not presently know,
or that Selina currently believes are immaterial, that could also
cause actual results to differ from those contained in the
forward-looking statements. Nothing in this communication should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward-looking statements will be
achieved. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. Except
as may be required by law, Selina does not undertake any duty to
update these forward-looking statements.
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Media: ICR for Selina Selina@icrinc.com
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