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Intel braces for massive layoffs, with Israeli operations facing uncertainty

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Selina

20 stories about Selina

Selina Israel seeks liquidation after parent company's asset sale

05.03.25|Lital Dobrovitzky

Singaporean buyer shows no interest in Israeli operations, leaving the company leaderless and insolvent.

Selina Israel ceases operations after global hospitality chain crumbles

15.09.24|Amir Perger

The collapse of the once-promising brand leaves a trail of unpaid debts and abandoned hotels across Israel.

מימין רפי מוסרי ו דניאל רודסבסקי מייסדי סלינה

Checked out: Selina's global hostel empire sold off after unicorn's dreams unravel

27.08.24|Viki Auslender

Once a darling of digital nomads, reaching a valuation of $1.2 billion, Selina is stripped of its assets as investors lose faith.

Selina Hospitality files for administration, to be delisted from Nasdaq

22.07.24|Sophie Shulman

The hospitality chain has lost 99.5% of its value since going public at a $1.2 billion valuation in December 2021, currently having a market cap of just $20 million.

Selina: The end? Hospitality chain facing insolvency after defaulting on loan

21.07.24|Sophie Shulman

The hospitality chain has lost 99.5% of its value since going public, currently having a market cap of just $25 million. It is set to soon be delisted from Nasdaq after repeatedly failing to meet the exchange’s deadlines.

From $1.2 billion to $12 million: Selina's valuation continues to crumble

10.04.24|CTech

The hospitality company claims to have reduced its debt by $52 million and its co-founders have announced they are converting cash compensation into shares to strengthen credibility, but investors remain unimpressed

After losing 99% of its value, hospitality company Selina receives $20 million lifeline from Osprey Investments

07.12.23|Viki Auslender

Assuming that the agreement is completed, and that Osprey converts the debt into shares and exercises the options for further investment, it will become the controlling owner of Selina

מימין מייסד WeWork אדם נוימן ומייסד סלינה דניאל רודסבסקי

Can Selina and WeWork find stability beyond the high-tech mirage?

23.08.23|Sophie Shulman

Shaping the future: Pondering Selina and WeWork's path to stability beyond high-tech illusions

הנפקת סלינה ב נאסדק המייסדים רפי מוסרי ו דניאל רודסבסקי

Selina shares down over 96% from IPO price after single-day 41% plunge

20.08.23|CTech

The Israeli-founded hospitality company currently has a market cap of just $46 million, a far cry from the $1.2 billion valuation at which it went public last October

Hospitality company Selina sacks 350 employees as it continues to bleed cash

27.06.23|Sophie Shulman

The Israeli-founded company went public in October through a SPAC merger at a valuation of $1.2 billion, but currently has a market cap of around just $120 million

After losing almost 90% of its value: Is Selina on its way to becoming the next WeWork?

04.05.23|Viki Auslender

The Israeli-founded company, which completed its IPO in 2022 at a valuation of $1.2 billion, currently has a market cap of just $130 million

Selina shares surge over 300% on first day on Wall Street

27.10.22|CTech

The Israeli-founded hospitality company began trading on Thursday after completing a merger with SPAC BOA at a $1.2 billion valuation

ועידת כלכליסט ביוון דניאל רודסבסקי מייסד משותף סלינה וידאו

"The Millennials and Generation Z are 40% of hotel customers - we need to speak their language"

06.06.22|Neta Li-Binshtock

Daniel Rudasevski, co-founder of the global hospitality chain Selina, said at Calcalist’s Israel-Greece conference in collaboration with Aroundtown and Brown Hotels: "If there’s no hot water they will manage, but without internet access they will not come"

"Entrepreneurship is not about sitting around with a laptop and thinking about ideas; it's about understanding risks and downside"

10.01.21|CTech

Horizen Labs co-founder Liat Aaronson speaks to Michael Matias about her career-spanning love affair with entrepreneurship, from the sidelines and into the fray

Selina partners with Israeli scooter-sharing company LEO Ride

14.10.20|Meir Orbach

Instead of competing with Lime and Bird, LEO chose to pivot to a B2B business model

Hospitality Chain Selina Announces First Location in Northern Israel

17.10.19|Adi Pick

The new location, which is set to include a recording studio and co-working space, will open in the first quarter of 2020

Hostel Chain Selina Partners With Training School Elevation Academy on Tech Bootcamp

07.07.19|Maayan Manela

The three-month program combines a trip to a Panamanian coastal resort offering coding and app development training

Hospitality Chain Selina to Open Location in Jaffa

17.06.19|Adi Pick

Selina’s hostels offer co-working spaces, curated tours, wellness and fitness classes, homegrown produce-based meals, and volunteer activities

Hostel Chain Selina Raises $100 Million

24.04.19|CTech

Selina operates hostels that feature co-working spaces, curated tours, homegrown produce-based meals, and volunteer activities

Hospitality Company Selina to Open Multiple Israeli Locations

04.02.19|Dotan Levy

The chain, which currently offers 10,000 beds worldwide, aims to reach 100,000 by 2022, according to Selina Israel head Yossi Mautner