It’s a millennial’s dream: traveling the world while working, drinking, exploring and meeting like-minded nomads in chic hotels. That’s what Selina is selling. Backed by high-profile investors including WeWork co-founder Adam Neumann, the London-based startup operates dozens of hostels with coworking space in vacation spots across the globe. But after a bungled launch in the United States, Selina’s millennial fantasy is colliding with financial reality. For months its executives have been unable to persuade investors
source https://therealdeal.com/2020/03/20/hotel-startup-selinas-fantasy-pitch-meets-fiscal-reality/
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