Remote Year Collapse: What We Know

Remote Year said it was closing after nearly a decade as a month-to-month work-and-travel services provider for digital nomads, as Skift reported Saturday. 

Over a dozen customers told Skift that they were affected, with several saying they've paid for upcoming trips and are afraid they won't get their money back.Skift spoke to two executives, some people previously connected with the brand, and some current and past customers. Here's what we know so far.

Tue Le, who had been the brand's CEO for two years, told Skift she's no longer CEO as Remote Year's leadership had resigned.

She said that four months ago, Collective Hospitality acquired Remote Year through the purchase of Selina’s majority of assets.

"It quickly became evident that they had no interest in supporting Remote Year’s operations," she said. "In the four months since the acquisition, we have not received funding, payroll, or operational support from Collective Hospitality."

"Therefore, the Remote Year team developed a clear plan for a third-party deal that