Remote Year Shuts Down Despite New Owners’ Earlier Promises of a Bright Future
Skift Take
Remote Year, the travel startup that pioneered month-to-month work-and-travel programs, is shutting down after nearly a decade in operation. The company shared the news in a statement on its website, citing “circumstances beyond our control” and attributing the closure to new ownership, Collective Hospitality, which it says “blocked our last opportunity to continue.”
The abrupt end comes just four months after Collective Hospitality, a Singapore-based hospitality group, had acquired Remote Year as part of its purchase of struggling hostel-and-hotel operator Selina. At the time, Gary Murray, CEO of Collective Hospitality’s parent company Destination Group, touted Remote Year as a “fabulous business” and signa