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Selina reports a Q1 2022 Total Revenue of $39.9 million, reflecting a 150.8% year-over-year increase. This growth continues the positive trend from a record-setting 2021. The company, which is in a business combination with BOA Acquisition Corp. (NYSE: BOAS), opened five new locations and signed six more in various countries. Leadership has been strengthened with key hires, aiming to accelerate global growth. The proposed merger is expected to close in Q3 2022, subject to customary conditions.

Selina, a rapidly expanding lifestyle hospitality brand, has announced participation in several upcoming conferences, following its business combination agreement with BOA Acquisition Corp. (NYSE: BOAS). Key events include the Deloitte Entrepreneur Summit on June 1 in Dallas, the Goldman Sachs Travel & Leisure Conference on June 7, and the Boutique Hotel Investment Conference on June 8 in New York City. CEO Rafael Museri will also present at the Oppenheimer Consumer Growth and E-Commerce Conference on June 15. Selina aims to cater to Millennial and Gen Z travelers with its unique offerings.

Selina, a hospitality brand targeting millennial and Gen Z travelers, has opened Selina Union Market in Washington, D.C., its seventh U.S. location, increasing its global portfolio to over 155 properties. The hotel features modern industrial décor, 106 rooms of various accommodations, coworking spaces, and multiple amenities. To celebrate the opening, introductory room rates start from $50 per night and a 25% discount is available through Aug. 31, 2022. Selina offers a unique experience for digital nomads, blending work and leisure in a community-focused environment.

Selina, the experiential hospitality brand, has appointed Lena Katz as Chief Technology Officer, tasked with leading the company's technology roadmap and innovation. Katz, who brings 20 years of experience from firms like Gett and Hewlett Packard, will report to CEO Rafael Museri. This strategic hire is expected to enhance Selina’s technological capabilities as the company aims to accelerate its multi-year growth plan, which includes expanding its global hotel network and launching new products. Selina’s portfolio encompasses 155 properties across 25 countries.

Selina has appointed Eyal Amzallag as Chief Operations Officer. Reporting to CEO Rafael Museri, Amzallag will oversee Selina's operations across 150 properties in 25 countries. His extensive experience at Club Med, including launching in new markets, will support Selina's growth. With the addition of Amzallag and Sam Khazary as Senior VP, Selina aims to enhance its global expansion and stakeholder value. Founded in 2014, Selina merges hospitality and coworking, catering to Millennial and Gen Z travelers.

Selina Hospitality PLC and BOA Acquisition Corp. announced a financing deal involving $147.5 million in 6% senior unsecured convertible notes due 2026. This financing is set to close alongside the merger, aimed at facilitating Selina's growth strategy. CEO Rafael Museri highlighted the importance of this funding certainty to support their expansion amidst increasing demand for travel and remote work. The merger is anticipated to enhance Selina's competitive positioning in the hospitality sector, with 150 properties across 25 countries.

Selina announces a strategic partnership with TechnoArt to launch TechnoArt@Selina, aimed at supporting remote startups. This global innovation program will incubate up to 12 startups annually at over 100 locations worldwide, providing access to co-working spaces and a vast network. TechnoArt has introduced a dedicated innovation fund, investing between $1 million and $5 million in each selected startup. Selina will earn 30% of the generated revenue and 20% of investment carry. The program targets the millennial and Gen Z traveler demographic, which spends approximately $350 billion annually.

Imprint has partnered with Selina to launch the Selina Rewards Visa Card, which offers exclusive rewards on purchases. Users can earn a $25 sign-up bonus, 5% back at Selina locations, and 1% back elsewhere. The card requires no credit inquiries, interest, or fees, and rewards are instantly redeemable. Selina operates 144 properties across 25 countries, targeting Millennial and Gen Z travelers. This collaboration aims to enhance customer retention and lifetime value.

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