It was born in a small coastal town in Panama in 2015. Two young Israelis identified a niche that combined backpacker hostels with boutique hotels.. An offer for young travelers who were not only looking to travel economically but also to live experiences, with a special focus on millennials and generation Z. By mid-2021, they already had 112 facilities in 20 countries, and the pandemic opened up a new market for them: digital nomads.

One year later, Selina, now operating from London, took a big leap: it went public on the New York Stock Exchange at the end of October this year, thanks to a SPAC, BOA Acquisitions, giving it access to financing to continue its global expansion.. With a capitalization of US$1.2 billion, the company now has 163 properties in 25 countries, including a property in Pucón and dozens of destinations in Latin America. Its financial sponsors include Adam Neumann, co-founder of WeWork, and IDB Invest, which in the midst of the pandemic structured US$50 million in financing for them.

Their model is to offer an experience that combines travel, work and local experience, with an emphasis on secondary or remote locations, although they also set up in large cities, such as Tel Aviv.The company's model is to offer an experience that combines travel, work and local experience, with an emphasis on secondary or remote locations, although it also operates in large cities, such as Tel Aviv. One of its flagship products is CoLive, which for a fixed monthly or annual fee allows travelers to move around Selina's properties, accessing accommodation, co-working spaces, co-working spaces, and other services. properties with access to accommodation, co-working spaces, wellness activities and discounts on food and beverages.

You can learn more about Selina here