LONDON, Oct. 5, 2020 /PRNewswire/ — Selina, the global hospitality platform, has today announced its acquisition in an all-stock transaction of the Remote Year’s brand and customer base. Remote Year empowers professionals to embrace the remote work movement by taking their careers outside of the traditional office.
Selina and Remote Year represent two of the leading brands in the travel and remote work categories and this acquisition strengthens both brands’ prospects for growth and expansion in a post-pandemic world. Remote Year will continue to exist as its own brand and will utilize Selina’s catalogue of best-in-class properties, spanning 19 countries and 3 continents, to improve its customer experience. Selina will leverage Remote Year’s community of driven professionals and remote workers as it focuses on longer-term stays and its remote work offering. As a collective, Selina and Remote Year will work together to tailor products that fit the needs of