Hotel Brands

Selina Hotels losses narrow in H1 2023

As a result the company reaffirmed its previously provided guidance of achieving a positive adjusted EBITDA and positive operating cash flow for the year

Selina Hotels has revealed that its adjusted EBITDA improved to a loss of $0.3m (£0.24m) for the six months ended 30 June 2023, compared with a $4.4m (£3.6m) loss in H1 2022.

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