Selina, the Israeli-founded international hospitality service, which already owns 150 properties spread across 25 countries, announced the opening of three new locations in Israel, according to Globes.
The first is the Selina Tel Aviv Beach, a 266-bed hotel at 2 Arie Shenkar Street near the seafront at the Carmelit bus terminal; the second is Mantur Parod, a 108-bed hostel in Kibbutz Parod in the Galilee region; and the third is Selina Kinneret, a 294-room hostel on the shores of the Kinneret.
Founded in 2012 by Israeli entrepreneurs Rafael Museri and Daniel Rudasevski, Selina combines affordable accommodation, co-working spaces, fine dining, wellness, volunteering initiatives, entertainment, travel, and adventure throughout its many locations in Latin America, Central America, and Europe. In April 2019, the company raised $100 million in a Series C financing round, bringing the company’s total financing to $225 million to date.
“We had a very busy and highly productive first quarter, building on the momentum of our strong 2021. During the quarter, we advanced multiple important initiatives that are fueling growth and driving brand engagement. Our goal is to not only deliver strong financial performance but generate meaningful and sustainable value by developing environments, experiences, and outcomes that inspire brand ambassadors, friendships, stronger communities, and a better world,” Selina’s co-founder and CEO Museri told Globes. “The success we continue to enjoy on these fronts is a direct result of the time and effort we put into understanding our customers, team members, and real-estate partners. We are building an enterprise that is entirely unique and look forward to capitalizing on the many opportunities we see ahead.”