Selina SPAC slide image

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 16
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