Atlanta, GA -- February 17,
2021 -- InvestorsHub NewsWire -- Skift.com, a media platform
dedicated to the most influential audience in the global travel
industry, featured UC Asset(OTCQX:
UCASU)'s new business strategy in its front-page story titled
"'Homebuilders Catering to Hotel-Hesitant Biz
Travelers".
"This is the first time our
story is covered by a major media platform in the travel
industry," says Larry Wu, founder of UC
Asset, "It is a clear sign that our business strategy is attracting
attention from industry insiders and opinion leaders.
This is a
very positive sign for us."
"We are a value-adding investor
in real estate, which means that we do not only invest into real
properties, but also invest into the businesses which will add
value to our properties." Wu elaborates," In real estate,
you can only
make so much if you simply buy and hold. But if you also have a
successful business model to run those properties, you are on the
path to create the next McDonald(NYSE: MCD),
which is a real estate empire built on a successful business
model."
The Skift.com article featuring UC Asset's business
strategy SHOC (Shared Home-Office
Community), indicates that UC Asset has a competitive model which
targets the
$370 billion market of business traveling. UC Asset estimates that about
$60 billion of that market are currently addressable
for
SHOC.
Skift.com opens its front-page
story by stating: "Without access to
an office, most workers would welcome an office-grade home with
hi-speed internet, video conferencing, and accessories like
printers and scanners."
"Now one real
estate investment company is building exactly this type of house,
which it will rent out to business travelers who aren't quite ready
to check back into hotels."
The reporter, Matthew Parsons,
then delves into UC Asset's trend-setting new
strategy
that offers a residential solution to working professionals needing
the capabilities of an office while traveling. The article suggests
hotels are scrambling to adapt to today's socially distant climate,
however the transitions are time consuming. Quotes from design firm
AFK echo UC Asset's beliefs that transitioning traditional hotels
into tech-savvy workspaces could prove
challenging.
Meanwhile, Mr. Parsons reports,
UC Asset "has just broken ground on its first prototype
near Hartsfield-Jackson Atlanta
International Airport — the U.S.' busiest airport."
The
SHOC properties
will be "five-bedroom houses with each bedroom designed as an
individual business lodge equipped with office
capabilities". The home-office focused spaces will
be rented out to business travelers as an
alternative to conventional hotels, selling on platforms such as
Airbnb,Vrbo or through corporate partnerships.
The Skift.com story is closed
by citing UC Asset's founder Wu. "We're trying to build something
for the future. ... We believe we have found the right solution to
it."
The entire article from
Skift.com can be viewed here: https://skift.com/2021/02/16/homebuilders-catering-to-hotel-hesitant-biz-travelers/
About UC Asset:
UC
Asset LP is a limited partnership formed for the purpose of
investing in real estate for development and redevelopment,
concentrating in metropolitan areas of Atlanta,
GA. For
more information about UC Asset, please visit: www.ucasset.com
Disclaimer:
This News Release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could
cause our actual results, performance or achievements, or industry
results, to differ materially from any these statements.
You are cautioned not to place undue reliance on any those
forward-looking statements. Except as otherwise required by the
federal securities laws, we undertake no obligation to publicly
update or revise any forward-looking statements after the
date of this News Release. None of such forward-looking statements
should be regarded as a representation by us or any other person
that the objectives and plans set forth in this News Release will
be achieved or be executed.
For More Information Contact:
Christal Jordan | Investor
Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297