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Selina SPAC

Selina Has a Highly Visible Path to Increased Profitability Selina Unit-Level EBITDA Margin Over Time Mature 18% 7% 2019A M H 1 Selina m 1 m m 1 - B - U ■ M 3% 2022E Margin improvement driven by operational improvements and continued aging of location portfolio 27% 18% 2023E Sizeable investment in CAC to drive strong uptick in occupancy as market continues to recover Note: Chart excludes 2020A and 2021E EBITDA margins given COVID impact. 23% 2024E 2025E COVID-19 Recovery We conservatively assumed continued COVID19 headwinds through end of 2022 Full recovery assumed in 2023E Maturity of Portfolio Mature properties delivered 18% Unit-Level EBITDA Margin in 2019 As the portfolio matures, better unit economics will expand margins Operational Improvements Labor model Implementation of a flexible labor model at units (flex based on occupancy) CAC Improved Revenue Management through Al Integration Increase Direct Selling through bolstered CRM capabilities and improved Web & App Smart Properties loT enabled properties Procedure-less receptions Predictive maintenance and housekeeping Selina Exchange Utilize unsold rooms in exchange for content and programming services FINANCIAL HIGHLIGHTS 49
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