On the heels of a $95 million Series B funding round completed earlier this year, lifestyle brand Selina is expanding to the U.S. with a New York City hotel.

The Manhattan hotel will be located between the Nolita and Lower East Side neighborhoods at 138 Bowery. It is scheduled to open this summer. 

The seven-floor property will have 90 guestrooms, an outdoor terrace and a rooftop bar. The hotel also will provide coworking space, a core brand service. Selina sells desk space by the day, week or month at its properties. The brand also encourages experiential travel, selling tour packages to guests.

Most Selina hotels offer shared accommodations as well as private rooms, but the New York hotel will only offer private rooms.

While room rates have yet to be finalized, a Selina spokesperson said the location will play in the midscale range. On average, Selina rooms range from $15 per night for a shared accommodation to $300 per night for private suites. 

According to Selina president Yoav Gery, the New York property will become "a flagship location for the global Selina brand." The company has two Miami properties already in development. 

The millennial-focused brand has grown rapidly since launching in 2015. Selina has a total of 31 locations across Panama, Costa Rica, Colombia, Mexico, Guatemala, Nicaragua, Peru, Bolivia, Ecuador and Portugal and plans to reach 100 locations by 2020. About 15 of those properties are slated to be in the U.S., with Selina eyeing Los Angeles, Washington, San Diego, Austin, New Orleans, Nashville and Portland, Ore.

Selina has received a commitment of $150 million in real estate funding from DD3 Capital Partners to grow its footprint in Mexico, where the brand currently has five locations.

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