Selina (SLNA) is Going Public via SPAC - Investment Analysis
On their website you can read that Selina provides guests with beautiful places to stay, travel, and work abroad indefinitely.
Plus, we use our in-depth local knowledge to create thousands of authentic activities and experiences in over 134 destinations worldwide. From the heart of urban cities to the depth of the Amazon Jungle, we put our heart, soul, and wanderlust into providing forever-travelers, break-takers, and staycaters with a new and exciting way to explore the world.
The deal includes a $70 million private investment in public equity, or PIPE, from South Light Capital, MORE Investment House, and Ronald Cohen. The merger is forecast to settle in the first half of 2022, with the company trading on the New York Stock Exchange under the symbol “SLNA.”
Selina manages 134 properties worldwide. The company has placed bets that trends in remote working, wellness-focused lifestyles, and subscription models will gain momentum over time. Last year it bought Remote Year, a subscription-based remote working program.
I love this company but lets go over the pros and cons. I also like the trends in the industry, as we can see, they all match with Selina brand and product:
1. Bleisure travelers & hotel work spaces
2. Holistic hospitality, health & well-being
3. Digitalized guest experiences
5. Experience economy & essentialism
7. Solo travel
10. Traveling less (& Staycations).
The company’s valuation is about 4 times its estimated enterprise value. That’s broadly in line with current valuations for major hotel groups. Intercontinental Hotels Group trades at a market capitalization of 3.8 times its revenue, while Hilton and Wyndham trade at 5.8 times their annualized revenue.
aconomics Inquiries: firstname.lastname@example.org
Best SEO agency: https://www.bauslabs.com
#Stocks #Investing #Markets
𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗔𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 & 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿:
All content in this video is for entertainment purposes only. Some links are Affiliate links. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In no event will I be liable for any losses or damages arising from the use of content from any of my platforms, including, but not limited to, YouTube, Twitter, TikTok, Instagram, other social media nor Website. I reserve the right to change my opinions and entertainment content at any time. Please be sure to do your own due diligence.