WSGF - P2P Short-Term Rental Investment Firm Vaycaychella Adds New Caribbean 3 Unit Property To Portfolio Available On Airbnb
December 07 2020 - 9:11AM
InvestorsHub NewsWire
DALLAS, TX -- December 7, 2020 -- InvestorsHub NewsWire --
World Series of Golf, Inc. (USOTC:
WSGF) ("WSGF"), through its sharing economy technology
subsidiary serving the short-term rental market, Vaycaychella,
today announced closing on the acquisition of a historic building
in Old San Juan, Puerto Rico. The property has three units which
will be made available for short-term rentals through Airbnb, VRBO
and Booking.com after the property is refurbished.
WSGF is in the process of changing its corporate name in
conjunction with the acquisition of Vaycaychella earlier this
year.
"We here at Vaycaychella are enthusiastic participants in the
sharing economy specifically tied to the short-term rental sector
of the sharing economy currently spotlighted by the pending Airbnb
IPO," said William "Bill" Justice, CEO of Vayaychella. "We have
built a pilot ecosystem model connecting investors with individuals
seeking the development and operation of short-term rental
properties. Over the past three years we have partnered with
vacation property operators in the Caribbean to build a
portfolio of properties with an estimated value over $10
million. Now, we are excited to scale that model with the
introduction of a peer-to-peer application, also known as a P2P
app, automating the connection between investors and prospective
short-term rental property owners and operators."
To learn more about Vaycaychella's strategy to capitalize its
own growth in conjunction with the Airbnb IPO, see CEO William
"Bill" Justice's letter to
investors published Friday, December
4th.
Vaycaychella recently announced inviting individuals to sign up
as Beta Users to begin testing the Vaycaychella P2P Investment
App.
Vaycaychella's vision is to empower existing and would-be
short-term rental property owners to access investment capital for
property acquisitions and improvements financed outside the
conventional lending and investment market.
Through Vaycaychella's P2P app, small business lenders and
investors, and even private individuals can connect with
entrepreneurial short-term property rental operators to access real
estate leveraged investment opportunities not usually available
through conventional brokers and agents.
Likewise, entrepreneurial short-term property rental operators
now have access to a wider variety of investment options than
ordinarily available through conventional channels.
Vaycaychella has built a pilot client base serving
a Caribbean based vacation property owner with 10
beachfront community vacation homes currently under management.
Vaycaychella has financed the property owner to acquire and
refurbish the 10 premium properties which serve as collateral on
Vaycaychella's investment.
Last week, Vaycaychella announced adding a boutique hotel in
the Caribbean to its portfolio of short-term rental
properties available on sharing economy apps like Airbnb, VRBO and
Booking.com. Sharing economy apps are taking an increasing share of
the $32
billion Caribbean vacation market.
Today, Vaycaychella adds the property in Puerto
Rico to its portfolio. Once refurbishment is completed, the
building will include three short-term rental units available on
sharing economy apps like Airbnb, VRBO and Booking.com.
To learn more and keep up with the latest updates,
visit https://www.vaycaychella.com/. At the company website,
you will find a blog with frequent industry publications on the
short-term rental market in general, as well as entries specific to
Vaycaychella.
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
WSGF Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376
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