By Josh Beckerman

 

Shares of Selina Hospitality were up 16% after it announced a corporate brand partnership with information-technology company Globant.

Selina shares were recently at 50 cents, but are down about 82% for the year.

Globant employees would receive discounts for accommodations, tours and on-site restaurants and access to recreational activities, wellness areas and events.

Selina focuses on Millennial and Gen Z travelers, providing "luxury suites to hammocks under the stars and everything in between." It debuted on Nasdaq in October 2022 after a blank-check company merger.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 21, 2023 12:52 ET (16:52 GMT)

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