Selina raises $95M to create a boutique travel lodging experience built around communities

TechCrunch | 4/6/2018 | Matthew Lynley
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If you’re looking to travel abroad — and especially if you’re looking to work while doing so — it might be tough to convince yourself you can find a cool boutique hotel that caters to a lot of different price points, as well as surround yourself with people that will help you feel like you should still get your work done.

That’s the goal of Selina, an emerging co-working and traveling hospitality service that opens up campuses geared toward fitting those niches across Central America. What started as originally just a real estate company has now turned into a venture-funded startup called Selina, which goes around the world creating a different kind of hotel product out of renovated older properties. Instead of just renting out a room in an Airbnb or paying for a hotel room in a boutique hotel, or some co-working space, Selina aims to be a more streamlined way to get that mixture of a community experience, a boutique hotel feel, and the ease of getting a consistent experience across multiple different properties. The company said today it’s raised $95 million from Abraaj Group and WeWork founder Adam Neumann.

Hotels - Surf - Camps - Places - Hostels

“There are lifestyle hotels, surf camps, co-working places, hostels, and all those kinds of properties, Yoav Gery, Selina’s president, said. “A lot of companies talk the same talk. What was different about us and what we were telling the world is we were doing something different in the hospitality world. We’re creating a much more holistic program for the traveler. It’s not just a hotel, or for co-working. It’s everything that the traveler would want. And we hope the speed at which we’re doing it is also unique. Most hotels couldn’t get a product and convert it in 3 or 4 months into a new brand.”

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(Excerpt) Read more at: TechCrunch
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