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Articles tagged “selina”

Daily Lodging Report

Selina Is in Danger of Stock Market Delisting

Selina Hospitality was read its last rites as it tried to avoid a reverse split to stay listed. SLNA plunged -41% to a new all-time low. They filed a revised prospectus with the SEC, and while it shows how ugly things are, with numerous financings, convertibles, and eventually a lot more shares, we didn’t see anything that wasn’t out there already.

8 months ago

News Blog

Selina to Offer Shareholders Rewards at Its Hotels and Co-Working Spaces

Buying a share in a company typically involves hoping the stock price rises over time and maybe means sharing in dividends. But Selina, an upstart hospitality brand, said on Wednesday it has a new enticement for people to buy its stock — discounts and freebies at its properties. "Today, investing extends beyond the balance sheet,"…

Sean O'Neill | 9 months ago

Hotels

Analysts Pare Back Enthusiasm for Hotel Companies

Analysts become more cautious about leisure travelers' demand for hotels. Plus, more highlights from this week's news in hotel deals and development worldwide.

Sean O'Neill | 10 months ago

Analysts Pare Back Enthusiasm for Hotel Companies

Announcements

Accor’s Big Plans, Hotel Tech Woes and Airbnb’s Resilience

From Accor’s ambitious expansion to Airbnb’s comeback, we covered the latest news and insights in the travel industry, with a special focus on hotel technology and facial recognition.

Jason Clampet | 10 months ago

Accor’s Big Plans, Hotel Tech Woes and Airbnb’s Resilience

Hotels

Hotel Brand Selina Gets Investment as It Still Struggles With Losses

The pledged capital injection from Global University Systems, a long-time player in for-profit education, is tiny. But its for-profit discipline is what Selina needs. In that vein, Selina will cut up to 350 jobs.

Sean O'Neill | 10 months ago

Hotel Brand Selina Gets Investment as It Still Struggles With Losses

Hotels

Hotel Brand Selina Seeks to Fix Unwieldy Cash Burn

Selina is like a Tesla Roadster sportscar driving down California's Highway 101 on a sunny day while a malfunctioning hood is popping open and the battery's struggling to hold its charge. Everything's fixable, and the views are great. But repairs are urgent.

Sean O'Neill | 12 months ago

Hotel Brand Selina Seeks to Fix Unwieldy Cash Burn

Business Travel

Offices Find New Ways to Compete With Hotels For Remote Workers

Companies that went hybrid are now being urged to "reuse" their office spaces by renting them out to other remote workers. Here we go again.

Matthew Parsons | 1 year ago

Offices Find New Ways to Compete With Hotels For Remote Workers

Daily Lodging Report

A Sad Sack of Lodging SPACs Struggling as Public Companies

In an amazing recovery from over 700 points down, the DJIA ended the day down only 280 points while Nasdaq rallied to end up 6. Vacasa’s stock price plunged well into penny stock category, joining Sonder, before recovering somewhat, ending the day down -25%.

1 year ago

Business Travel

Marriott and Curator Hotel’s Insider Tips on Hosting Blended Travelers

The viewpoints from a major hotel chain and independent specialist reinforce the idea that accommodating remote workers is going to be challenging.

Matthew Parsons | 1 year ago

Marriott and Curator Hotel’s Insider Tips on Hosting Blended Travelers

Mergers and Acquisitions

How Did All Those Travel SPACs End Up Doing?

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.

Sherry Sun | 1 year ago

How Did All Those Travel SPACs End Up Doing?