Hostel Chain Selina Scouting for Locations in Israel

Latin American hostel and co-working company Selina Ltd. is looking to open several hostels in Israel. A spokesman for Israeli real estate company Ampa Real Estate Ltd. told Calcalist on Wednesday that Selina has partnered with Ampa several months ago. The companies, he said, have been scouting locations in Tel Aviv, Jerusalem, and in the northern port city of Haifa, as well as in the southern Negev desert. Selina intends to open several hostels with a combined capacity of 5,000-7,000 beds within five years, the spokesman said.

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Selina operates hostels that offer co-working space, curated tours, wellness and fitness classes, locally-sourced meals, and volunteer activities. The company operates 27 hostels in seven Latin American countries, including Mexico, Panama and Costa Rica.

Founded in 2014 in Panama by Israel-born Rafael Museri and Daniel Rudasevski, Selina employs around 1,000 people in offices in Panama, London, and New York. In April, Selina raised $95 million from Israel-born WeWork founder Adam Neumann and Dubai-based investor the Abraaj Group.

In February, Calcalist reported Selina plans to open a research and development center in Tel Aviv by the end of 2018, looking to employ 40 developers and software engineers. The company began recruiting for the outpost in March.