Selina SPAC
...Which Has Created a Significant Opportunity
We believe there is a significant opportunity to convert existing, poorly appointed room supply to destinations developed specifically
with the Millennial and Gen Z traveler in mind
Selina
Global Demand
$802bn¹
Neglected
demand
43% Travel Spend From
Millennials and Gen Z²
Global Supply
16.9mm rooms³
Only 2 of the 159 brands owned by large,
global hotel companies are developed
for millennial and Gen Z travelers5
Supply White Space
= ~6.5mm rooms ripe
for conversion
<3% Rooms Designed for
Millennials and Gen Z4
= 40% Potential
Underutilized Supply
1. Global Hotel and Other Travel Accommodation Market Size per "Hotel and Other Travel Accommodation Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report by The Business Research Company as of January 2021.
2. Calculated as $350bn Millennial and Gen Z travel spend divided by Global Demand spend on travel of $802bn.
3. STR Global Reports as of 2020.
4. Selina estimate, which includes ~475K of boutique and soft brand hotel rooms per STR Global Reports as of 2020.
5. Includes Moxy Hotels and Jo&Joe. Based on total hotel brands of Marriott International, Wyndham Hotels & Resorts, Choice Hotels International, Hyatt, Accor Hotels, IHG Hotels & Resorts, and Hilton. Source: STR Global Reports as of 2020.
OUR STORY
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