STOCK TITAN

BOAS - BOAS STOCK NEWS

Welcome to our dedicated page for BOAS news (Ticker: BOAS), a resource for investors and traders seeking the latest updates and insights on BOAS stock.

BOAS (Selina Hospitality PLC) is a prominent player in the hospitality industry, focusing on offering a unique blend of accommodation, co-working spaces, and social experiences for modern travelers. The company has effectively positioned itself as a go-to destination for digital nomads, remote workers, and culturally curious individuals seeking community-oriented lodging options.

BOAS operates an extensive network of locations worldwide, featuring beautifully designed spaces that combine local flavor with modern amenities. Their properties are situated in vibrant urban centers, serene beach towns, and culturally rich locales, providing guests with a diverse range of experiences. Beyond accommodations, BOAS offers co-working spaces, wellness activities, cultural events, and local tours, making each stay a holistic and enriching experience.

Recent achievements include the expansion into key markets, collaborations with local artists for unique property designs, and the launch of innovative programs aimed at enhancing guest experiences. Financially, BOAS has demonstrated robust growth, leveraging strategic partnerships and a loyal customer base to drive revenue. The company's commitment to sustainability and community engagement also underscores its reputation as a socially responsible business.

Current projects focus on enhancing digital platforms for seamless booking and customer interaction, as well as expanding their footprint in emerging travel destinations. With a clear vision and adaptable business model, BOAS continues to set trends in the hospitality sector, catering to the evolving needs of the global traveler.

Rhea-AI Summary
Selina Hospitality PLC (SLNA) announces updates to its executive leadership team, promoting Gadi Hassin to COO, Rafael del Castillo to CRO, and Emilo Gracia to Chief People Officer. The company expresses gratitude to outgoing CTO and EVP. The new leadership aims to drive operational excellence, revenue growth, and HR initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary
Selina Hospitality PLC (SLNA) releases a new investor presentation on its website, providing insights into its business model, growth strategies, and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Selina Hospitality PLC (NASDAQ: SLNA) commits to Earth Hour, a global environmental movement, for the second year. The company encourages sustainability through various activities across Latin America, promoting eco-friendly practices and energy conservation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary
Selina Hospitality PLC (NASDAQ: SLNA) has agreed to terms for $28 million in equity financing, with an initial tranche of $20 million expected to be funded in December 2023. Additionally, the company has agreed to terms for up to $40 million of optional equity financing and for the restructuring of its $147.5 million 6.00% convertible senior notes due 2026 to reduce indebtedness, extend maturity, and PIK interest. Selina has also agreed in principle to commercial terms for strategic investments totaling up to $68 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Selina Hospitality PLC (Selina; NASDAQ: SLNA) collaborates with Artrade, a Global Distribution Platform, to showcase Latin American artists in its spaces, providing guests with an immersive gallery experience and the opportunity to acquire artwork. The partnership aims to empower artists, bridge the gap between art and hospitality, and create new opportunities for cultural exchange and appreciation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Selina, a hospitality company catering to millennials and Gen Z, has completed its business combination with BOA Acquisition Corp. (NYSE: BOAS), which was approved by stockholders on October 21, 2022. As a result, Selina's shares will now trade on Nasdaq under the ticker symbols SLNA and SLNAW. The deal provides approximately $54 million in private placement financing and $118 million from convertible notes to support Selina's growth and operational goals. Selina's CEO Rafael Museri emphasized the opportunity for long-term growth and enhanced technology following the merger.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

BOA Acquisition Corp. (NYSE: BOAS) announced that over 83% of stockholders approved the business combination with Selina Hospitality PLC during a Special Meeting on October 21, 2022. Approximately 89.7% of BOA's shares were represented. CEO Rafael Museri expressed confidence in Selina's brand appeal to millennial and Gen Z travelers, aiming for profitability as a public company. The transaction will close upon meeting closing conditions, with Selina's stock expected to trade on Nasdaq under ticker symbols 'SLNA' and 'SLNAW' post-combination.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Selina achieved a record Net Promoter Score (NPS) of 54 in September, outperforming major hospitality competitors by 17 points and exceeding the global hotel median by 74%. This reflects a strong community among guests, with 32% being return visitors and 62% claiming to have made friends during their stay. Selina, which caters to millennial and Gen Z travelers, operates over 163 properties in 25 countries. Following its merger with BOA Acquisition Corp. (NYSE: BOAS), Selina aims to solidify its presence in the hospitality industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Selina, a rapidly expanding lifestyle and experiential hotel firm, announced a series of retail investor roadshows and fireside chats on Twitter Spaces. These events precede the Special Meeting for stockholders of BOA Acquisition Corp. (NYSE: BOAS) on October 21, 2022, aimed at seeking approvals for the Business Combination that will potentially make Selina publicly traded. The Twitter Spaces sessions will take place from October 17 to October 20, 2022, hosted by key executives including CEO Rafael Museri and CFO Barbara Zubiria.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary

Selina reported a remarkable 142% year-over-year increase in total revenue for the first half of 2022, reaching $86 million. The company also opened 13 new properties, enhancing its portfolio significantly. Key metrics include a 60% improvement in occupancy rates and a 77% increases in total revenue per bedspace, now at $3,233. A special meeting for shareholders to approve the business combination with BOA Acquisition Corp (NYSE: BOAS) is scheduled for October 21, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags

FAQ

What is the market cap of BOAS (BOAS)?

The market cap of BOAS (BOAS) is approximately 262.5M.

What does BOAS (Selina Hospitality PLC) specialize in?

BOAS specializes in providing unique accommodations, co-working spaces, and social experiences for modern travelers.

Where are BOAS properties located?

BOAS properties are located in vibrant urban centers, serene beach towns, and culturally rich locales worldwide.

What are some recent achievements of BOAS?

Recent achievements include market expansion, local artist collaborations, and innovative guest experience programs.

Is BOAS financially stable?

Yes, BOAS has shown robust financial growth, driven by strategic partnerships and a loyal customer base.

What makes BOAS unique?

BOAS offers a blend of accommodation, co-working spaces, and cultural experiences, catering to the needs of digital nomads and culturally curious travelers.

How does BOAS contribute to sustainability?

BOAS is committed to sustainability and community engagement, ensuring eco-friendly practices and social responsibility.

What kind of experiences can guests expect at BOAS properties?

Guests can expect a mix of local flavor, modern amenities, wellness activities, cultural events, and local tours.

What are the current projects BOAS is working on?

Current projects include enhancing digital platforms for customer interaction and expanding into emerging travel destinations.

Who are the target customers of BOAS?

BOAS targets digital nomads, remote workers, and culturally curious individuals looking for community-oriented lodging options.

How can I stay updated with the latest news from BOAS?

You can stay updated by following BOAS on their official website and social media channels for the latest news and developments.

BOAS

Nasdaq:BOAS

BOAS Rankings

BOAS Stock Data

262.49M
23.00M
86.09%
0.42%
Shell Companies
Financial Services
Link
United States
Washington