Global investment firm Colony Capital-backed Selina, a community-focused lifestyle group, will invest US$150m into Mexico Hotel pipeline. The cities in Mexico include San Miguel de Allende, Sayulita, San Cristóbal de las Casas, and Mérida.

(Institutional Real Estate, Inc.) Community-focused lifestyle group Selina has plans to develop approximately 8,000 beds across both hostels and hotels in Mexico over the next two years. The hotels and hostels will be in desirable Mexican destinations including San Miguel de Allende, Sayulita, San Cristóbal de las Casas and Mérida.

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