Collective Hospitality Acquires Selina Hospitality PLC, Expands Global Presence
Collective Hospitality Pte Ltd has acquired the majority of the business of Selina Hospitality PLC, marking a significant milestone in its strategic expansion and enhancing its global presence.
This news matters as it represents a strategic move that significantly enhances Collective's global presence and adds approximately 100 properties across major cities to its portfolio. The integration of Selina's distinctive ethos and loyalty program will enable Collective to meet the evolving demands of millennial and Gen Z travelers, offering them authentic, community-driven experiences.