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Selina SPAC

Our Portfolio Mix Shift and Technology Investment Creates A Highly Visible Path to Increased Revenue per Bed Ramp of fully mature beds (24+ months), 2019A - 2025E ~$15,000 2019A Developed Market Revenue per Bed % Mature² % Developed Projection for Full Portfolio Selina ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ N $ 9,000 2019A Revenue per Bed 38% 5% 22% Portfolio moves from 5% of beds located in developed markets to 31% Developed Market % N $ 11,000¹ ~$7,500 2022E Revenue per Bed 62% 31% 9% 2022E $7.5k revenue per bed assumes continued COVID impact on RevPOB and Occupancy to account for market recovery in travel, while the portfolio continues to ramp to maturity Developed Market % 12% 1. Full mature revenue per bed in 2022E and 2025E calculated as taking weighted average revenue per bedspace for fully mature Developed and Emerging beds, based on portfolio bed mix in 2022E and 2025E, respectively. 2025 figure also assumes 12% uplift from operational improvements implanted from 2022E through 2025E due to technology investment. 2. Calculated as weighted average maturity of existing, secured and unsecured portfolio, by number of beds. Maturity refers to weighted average age in months divided by 24 months, which represents full maturity. Operational Initiatives 1 $ 13.300 ~$12,500 2025E Revenue per Bed 77% 50% FINANCIAL HIGHLIGHTS 47
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