WSGF - Vaycaychella Expands P2P Vacation Rental Investment Reach Adding New Caribbean Property
December 15 2020 - 9:33AM
InvestorsHub NewsWire
Dallas, TX --
December 15, 2020 -- InvestorsHub NewsWire -- World Series of Golf,
Inc. (OTC
Pink: WSGF) ("WSGF"), through its new subsidiary, Vaycaychella,
today announced expanding its peer-to-peer (P2P) sharing economy
technology business reach by adding a new short-term vacation
rental property to its portfolio. All properties in the
portfolio are available on Airbnb in addition to the new property
acquired today and located in Mexico on the Caribbean
coast.
Earlier this
year, WSGF acquired Vaycaychella, a sharing economy technology
company with a P2P application (App) to connect entrepreneurs
(“rentrepreneurs)” seeking to acquire short-term rental vacation
properties with investors to back them. WSGF is in the process of
making a corporate name change in conjunction with its new
Vaycaychella business focus.
Vaycaychella is
a three-year-old operation that has built a business model focused
on financing short-term vacation rental properties outside of
conventional financing channels. Vaycaychella's mission is to
empower entrepreneurs looking to get into the short-term vacation
property rental business marketed through sharing technology apps
such as Airbnb, Booking.com and Vrbo.
Now that
Vaycaychella has established a proven model through developing a
portfolio of properties that includes 11 Caribbean beach front
vacation homes including today’s acquistion, a boutique hotel, and
a recently acquired 3 unit building in Puerto Rico with an overall
estimated cumulative value exceeding $12 million, the company is
scaling that model with the introduction of a P2P App designed to
connect new and existing short-term vacation property rental
operators with prospective investors.
WSGF management
is targeting $100 million in revenue in the first twelve months
following the production launch of Vaycaychella's P2P
App.
Vaycaychella's
P2P App is currently developed and undergoing an internal testing
phase. Vaycaychella has begun to assemble beta users for a next
phase of evaluation and testing.
To learn more
and keep up with the latest updates at Vaycaychella, 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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