Articles tagged “selina”

Online Travel

Travel Companies Laid Off Thousands in 2023 — See Which Ones

The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.

Justin Dawes | 7 days ago

Travel Companies Laid Off Thousands in 2023 — See Which Ones

Short-Term Rentals

Airbnb’s C-Suite Shuffle

Today's podcast looks at Airbnb's new CFO, Selina's restructuring, and how a merger between Alaska Airlines and Hawaiian would play out.

Dawit Habtemariam | 3 weeks ago

Airbnb’s C-Suite Shuffle

Hotels

Selina’s Struggle to Survive: What’s Next for the Hotel Brand

Selina hopes to avoid bankruptcy by seeking a restructuring out of court. Other travel companies that have similarly struggled after going public in a rocky market will watch closely.

Sean O'Neill | 3 weeks ago

Selina’s Struggle to Survive: What’s Next for the Hotel Brand

News Blog

Hotel Brand Selina Sees Upswing in Financial Performance

Selina, a hotel and experiences brand focused on youth travelers, said on Wednesday that its financial metrics were trending in the right direction as it reported earnings results. In the second quarter, the company generated $52.5 million in revenue, a bump of 15.9% year-over-year. Factors included higher occupancy rates, reductions in corporate overhead, and essentially…

Sean O'Neill | 4 months ago

Hotels

Selina’s Big Stock Swing

Today's edition of Skift's daily podcast looks closer at Selina’s stock drop, American Air’s pilot deal, and Omni Hotels’ ambitions.

Rashaad Jorden | 4 months ago

Selina’s Big Stock Swing

Hotels

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.

Sean O'Neill | 4 months ago

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Daily Lodging Report

Selina Is in Danger of Stock Market Delisting

Selina Hospitality was read its last rites as it tried to avoid a reverse split to stay listed. SLNA plunged -41% to a new all-time low. They filed a revised prospectus with the SEC, and while it shows how ugly things are, with numerous financings, convertibles, and eventually a lot more shares, we didn’t see anything that wasn’t out there already.

4 months ago

News Blog

Selina to Offer Shareholders Rewards at Its Hotels and Co-Working Spaces

Buying a share in a company typically involves hoping the stock price rises over time and maybe means sharing in dividends. But Selina, an upstart hospitality brand, said on Wednesday it has a new enticement for people to buy its stock — discounts and freebies at its properties. "Today, investing extends beyond the balance sheet,"…

Sean O'Neill | 5 months ago

Hotels

Analysts Pare Back Enthusiasm for Hotel Companies

Analysts become more cautious about leisure travelers' demand for hotels. Plus, more highlights from this week's news in hotel deals and development worldwide.

Sean O'Neill | 6 months ago

Analysts Pare Back Enthusiasm for Hotel Companies

Announcements

Accor’s Big Plans, Hotel Tech Woes and Airbnb’s Resilience

From Accor’s ambitious expansion to Airbnb’s comeback, we covered the latest news and insights in the travel industry, with a special focus on hotel technology and facial recognition.

Jason Clampet | 6 months ago

Accor’s Big Plans, Hotel Tech Woes and Airbnb’s Resilience