Collective Hospitality Acquires Trading Assets of Selina Hospitality PLC

Collective Hospitality Pte Ltd, (”Collective”) a leading hospitality owner and operator based in Singapore, today announced the successful acquisition of the majority of the business of Selina Hospitality PLC (in administration) (“Selina PLC” or the “Company”), a globally recognized lifestyle and experiential hospitality group. This acquisition represents a significant milestone in Collective’s strategic expansion of its lifestyle and experiential travel businesses. This travel segment includes younger nomad workers and leisure travellers favouring properties that offer shared, memorable experiences. Collective Hospitality is now one of the largest lifestyle hospitality owner/operators in the world.