Selina SPAC
Our Properties Operating Without Government
Mandated COVID-19 Restrictions Are Outperforming
This represents 24% of our
portfolio in Q2 and Q3 20211...
+4,000
33
Average Age (Months)2
...which are performing better than expected relative to 2022E Unit-Level targets
Selina
Q2 and Q3 2021 Annualized RevPAB
(in 000s)
$16.6
$15.4
$14.7
Beds
20
Properties
~56% /////////////
Occupancy
$13.6
Last 6 Month³
Unit-Level
EBITDA
Margin4
$12.0 $12.0
$10.9
8%
$10.3 $10.2 $10.0
1 2 3 4 5 6 7 8 9 10 11
$9.2 $9.1 $9.1 $8.5
1. Operational properties indicated by no government-mandated restrictions and fully-operational room capacity and F&B.
2. Calculated as a weighted average of the cohort's age in months.
3. Last 6 Month time period refers to Q2 and Q3 2021.
4. Includes room and F&B direct costs, OTA commission, direct operating payroll, expenses, undistributed expenses (overhead payroll, overhead costs, utilities), insurance, and rent.
12
13 14
for all properties operating without government
mandated COVID-19 restrictions
$8.2
Q2 and Q3 2021 Actual: $10.6
2022E Target: $7.6
$7.9 $7.8 $7.5
15
40% outperformance
relative to 2022E target
16 17
Developed
Emerging
VS.
18
$5.5 $5.4
19
20
3%
2022E Target
FINANCIAL HIGHLIGHTS
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