Complete with high-speed WiFi and inspiring design, refresh your thinking and tap into a brand new level of productivity as you travel. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Selina’s fundraising efforts began prior to the coronavirus outbreak, and Gery said the company will likely shift its financial goals in light of the economic disruption. We were looking for a place that could deliver a holistic experience with wide-ranging culture, opportunity to engage with new people and seamless workspace. “In the event that vacancy rates go up, the economy takes a downturn, that’s a risk level I don’t want to be exposed [to].”, The idea of Selina, Museri told Forbes two years ago, is embodied by a fictional 29-year-old woman from Latin America who travels the world and is “honest, humble, beautiful. He is head of research at Manhattan Venture Partners. Yoav Gery, Selina’s president, said its message has been well received. Breathe life into your work from home routine and join digital nomads, creators, and entrepreneurs at Selina CoWork. He is the founder and CEO of Selina, a rapidly growing, new generation of lifestyle hostels with 13 locations in Latin America. Selina Hostels, founded in 2012, is the first chain of "luxury hostels" in South and Central America. Wendy Silverstein, co-head of WeWork’s real-estate fund, is out, Big sale in Big Easy: Four Seasons penthouse breaks record, Trump’s people claim Geoff Palmer and Tom Barrack backed Zangrillo pardon, Hotel owners ask NY for break on tax penalties. But opting out of some of these cookies may have an effect on your browsing experience. (The two co-founders left their executive roles at Dekel when Selina was founded.) By clicking Subscribe you agree to our Privacy Policy. Such arrangements have raised eyebrows at other firms, including WeWork, which used its real estate investment fund, ARK, to buy properties that would be leased to WeWork. Is that a good thing or a bad thing? Selina, one of the world’s fastest growing hospitality brands has announced UK expansion plans following an investment of £70 Million in Series B funding. This website uses cookies to improve your experience while you navigate through the website. — Rafi Museri, Selina co-founder and CEO. Selina is not just a hospitality brand. But the projections are largely contingent on the company succeeding in the U.S., where it has fallen well short of its goals. Try again later. Earlier this year, Selina Hostels raised a whopping $95 million in investment capital from the Abraaj Group and Israeli-born founder of WeWork Adam Neumann. Some headaches remain. In This Episode, Rafi Reveals: The Great Hostels Backpackers is an easy walk to the local public baths at the Cascada de la Virgen in Baños de Agua Santa, Ecuador. The image that Selina cultivates recalls that of WeWork under the controversial Neumann, who touted the idea that it was more a state of being than an office-space company. Museri and business partner Daniel Rudasevski completed their market research for the Selina concept by sleeping in more than 120 hostels in locations around the … Necessary cookies are absolutely essential for the website to function properly. Selina, one of the world’s fastest growing hospitality brands has announced UK expansion plans following an investment of £70 Million in Series B funding. Even though Museri and Rudasevski have large stakes in Selina and Dekel, Gery said measures — such as having independent management teams — are taken to ensure there are no conflicts of interest. It is not meant to be a round trip, although it is possible to arrange a one-day round trip option. Selina Miami River and Selina Miami Gold Dust will feature yoga rooms, a cinema and a library. (Colony and Access declined to comment, and Grupo Wiese could not be reached. We were building something new, we wanted to get the community involved and for them to be excited that we were coming to town. Prior to Selina, once I finished the army after 12 years, I decide to come to Latin America where I met Daniel to launch Dekel our now Panama based development company. Is communication, Selina ’ s growth strategy has been drastically reduced this we! World how they got started and the challenges that come along with entrepreneurship website uses cookies to improve experience. Welcomes adventure travelers on a tour through time and style when Selina was launched Venao. Sort of betting on their success, ” Rafi Museri, the collage of architectural styles take... 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