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WSGF – Vaycaychella Expands P2P Vacation Rental Investment Reach Adding New Caribbean Property
Dallas, Texas - December 15, 2020 - 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.
About the Company
At the end of 2019 World Series of Golf, Inc. (STOCK: WSGF) announced entering into letter of intent (LOI) agreement to acquire an innovative vacation industry technology business. Instead of connecting vacation property owners with would be vacation renters through applications like Airbnb and Bookings.com, the WSGF target acquisition is deploying an application that empowers people to become vacation property owners in the first place. Those utilizing WSGF’s target acquisition application can acquire vacation properties and then enjoy generating income from vacation renters through applications like Airbnb and Bookings.com. The WSGF target acquisition is a shared economy prequel to existing shared economy applications such as Airbnb and Bookings.com (see more on the shared economy below). This is not just a concept business. The target acquisition has been in operation for over two years. The target acquisition recently adopted a new name in anticipation of the upcoming acquisition by WSGF. The new name is Vaycaychella, intended to rapidly garner market attention as an accessible innovation empowering anyone with the notion of becoming a vacation property owner/operator to access the means to realize the vacation property ownership opportunity. Vaycaychella has already financed the acquisition of approximately $10 million in vacation properties through its unique vacation property lending approach. All the current properties are located in Caribbean vacation areas. The WSGF acquisition comes with a mortgage portfolio backed by the $10 million in vacation properties. Under WSGF, Vaycaychella will digitize its unique lending approach into a mobile device app and expand upon its internal lending capacity by connecting with peer-to-peer lenders.
As WSGF enters the shared economy sector with the Vaycaychella acquisition, the company highlights that the shared economy was reported in a recent Forbes article to have been a $15 billion market in 2014 projected to reach $335 billion by 2025.
Vaycaychella is a sharing economy prequel to existing sharing economy applications such as Airbnb and Bookings.com. Instead of connecting vacation property owners with would be vacation renters through applications like Airbnb and Bookings.com, Vaycaychella empowers people to become vacation property owners in the first place. Vaycaychella's core offering provides users with access to financing to acquire vacation properties and then enjoy generating income from vacation renters through applications like Airbnb and Bookings.com.
Vaycaychella Overview
Vaycaychella has been in operation for over two years and has already financed the acquisition of approximately $10 million in vacation properties through its unique vacation property lending approach. All the current properties are located in Caribbean vacation areas. Vaycaychella comes with a mortgage portfolio backed by the $10 million in vacation properties. Under WSGF, Vaycaychella will digitize its unique lending approach into a mobile device app and expand upon its internal lending capacity by connecting with peer-to-peer lenders. The Vaycaychella app will be available all over the world for the acquisition of properties all over the world.
Vaycaychella Economic Empowerment Opportunity
The shared economy was reported in a recent Forbes article to have been a $15 billion market in 2014 projected to reach $335 billion by 2025. The Sharing economy is an economic model based on peer-to-peer (P2P) activity where pears share access to goods and services through a community based on-line platform. The shared economy is sometimes called the shareconomy, collaborative consumption, collaborative economy, or peer economy. Sharing economies create
value by utilizing underused assets whereby the underused physical assets are shared as services. Lyft and Uber are examples of car sharing services. Private vehicles go unused for 95% of their lifetime. Airbnb and Bookings.com are examples of underused physical housing assets being used as alternatives to hotels.
The sharing economy is growing rapidly. An estimated $23 billion in venture capital funding has been invested into the market since 2010. Global travel industry is seeing much of that investment. The global travel industry has annual revenue over $1.5 trillion making it one of the largest and fastest growing sectors in the world accounting for over 10% of global GDP.
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So, the sharing economy is empowering those with existing underutilized housing assets to otherwise generate revenue from those assets through platforms such as Airbnb and Bookings.com. But what about those with the time, energy and inclination to engage underutilized housing assets in the vacation industry sharing economy that don't have the good fortune of owning underutilized assets. For instance, what about the 20-year hotel management industry veteran collecting just a salary from Hilton or Marriott, or the 20-year American Airlines call center agent veteran booking travel for American Airlines customers all over the world. Both know the travel industry up one side and down the other and could utilize their career experience to work for themselves and supplement or replace their income if only they owned a vacation property asset. Vayacaychella wants to provide those with the vacation industry know how with the resources they need to become a vacation industry business owner managing their own properties. Where Airbnb and Bookings.com provide online platforms for those with properties to connect with those that want to utilize the properties, Vaycaychella wants to connect individuals with financing to acquire vacation properties in the first place.
Vaycaychella Social Responsibility Opportunity
Vaycaychella is happy to encourage vacation property purchasers to pursue opportunities in exotic developing economic regions where they can get a good buy on an up and coming region and contribute to stimulating the local economy of a developing economic region by creating jobs. Cuba is a great example of this type of concentration. Post hurricane Puerto Rico is another example. Safari locations in Africa are good examples. Beach locations in Vietnam are another. There is no shortage of good examples. Consider at the Mexican Yucatan Peninsula over the last 50 years as a model. Look at Cancun to Tulum 50 years ago and now. Look at the differences in local residence lifestyle over one generation in the Yucatan. Vaycaychella believes its long-term success will be closely aligned with the opportunity to connect social responsibility and vacation fun and the ability to profit by becoming a vacation property owner or a peer to peer lender empowering the vacation property owner.
Vaycaychella Completes P2P App For The Sharing Economy Sector Expected To See $50 Billion In IPOs By Year-End Between Airbnb And DoorDash
Last month the Company announced through its operating subsidiary, Vaycaychella, having completed the development of its peer to peer (P2P) lending application (app).
Vaycaychella has developed a P2P app to connect short term rental property owners and investors within the sharing economy. 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.
The impending Airbnb IPO valued at $30 billion exemplifies both the promise of the short-term rental property market in addition to illustrating the substantial traction of the sharing economy.
As we emphasized in our original introduction of Vaycaychella last week, Airbnb has the potential to be a global, seismic economic event spotlighting the unprecedented, and until now, largely untapped potential of the sharing economy. Airbnb has more rooms to rent (7 million) than the five largest hotel operators combined (4.3 million) – Marriott, Hilton, Intercontinental Wyndham and Hyatt,
Further illustrating the potential of the sharing economy, DoorDash is also expected to IPO before the end of the year at a $25 billion valuation. DoorDash harnesses the energy of an entrepreneurial, on demand work force and their private transportation resources to provide the world's largest third-party delivery service that is now rivaling Fed-Ex.
Sharing economy technology enable enterprises like Airbnb and DoorDash and, with great expectations, Vaycaychella, empower anyone and everyone around the world to combine their personal resources (homes, cars, savings and talent for example) under a single organized business, that can compete with if not dominate any traditional Fortune 500 competitor.
Last week on Friday, Vaycacychella migrated its P2P app out of development and into testing. After completing internal testing, we will begin beta testing. Later this week, Vaycaychella plans to start signing up beta users to begin testing the P2P app before the end of the month. Management expects a production launch of the P2P app before year-end.
To learn more and keep up with the latest updates, visit 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.
Vaycaychella Solidifies Balance Sheet To Bolster $100M Revenue Target
Now that Vaycaychella has established a proven model through developing a portfolio of properties that includes 10 Caribbean beach front vacation homes, a boutique hotel, and a recently acquired 3 unit building in Puerto Rico with an overall estimated cumulative value of $12 million, the company is scaling that model with the introduction of a peer-to-peer (P2P) application (App) designed to connect new and existing short-term vacation property rental operators with prospective investors.
Last week, Goldman Small Cap Research published a research analyst report covering WSGF's new subsidiary, Vaycaychella.
In conjunction with the Goldman report, WSGF management subsequently confirmed the potential to achieve $100 million in revenue in the first twelve months following the production launch of Vaycaychella's peer to peer (P2P) application (app) designed to connect current and prospective short-term rental property operators with investors to finance acquisition and refurbishment of short-term rental properties.
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.
Goldman's report provides a detailed narrative on Vaycaychella's business model detailing how the company's P2P technology fits into the overall short-term vacation rental market currently spotlighted by the Airbnb (ABNB) Initial Public Offering (IPO) happening this week.
The full Goldman report can be viewed at the link below.
WSGF - The Next Generation Sharing Economy Firm; Substantial Stock Gains Ahead
Goldman Small Cap Research Slaps On $0.20 Price Target!
Market Analyst Goldman Small Cap Research Has Bullish Outlook For WSGF. Sees Upside Of Over +513%!
Investment Highlights:
WSGF’s key subsidiary, Vacaychella, is poised to emerge as a leading player in key segments of the sharing economy, which is slated to reach $335B in size by 2025. Vaycaychella has smartly combined the best of sharing economy apps such as Booking.com (NASDAQ – BKNG) with short term rentals like Airbnb, along with crowd-sourcing and P2P investing and lending platforms such as Indiegogo and LendingClub (NASDAQ – LC).
The Company’s current customer base spans across Caribbean vacation destination clients from Mexico to Puerto Rico. Vaycaychella has provided over $1.25 million in acquisition and renovation financing secured by 10 premium beachfront houses, a boutique hotel and historic building. with a combined estimated value of approximately $12 million.
With an innovative P2P platform in beta, WSGF is set to offer existing and would-be short-term rental property owners with investors seeking potential financing opportunities.
Major upside to current prices lies ahead. With the Airbnb IPO as a comp and proxy, we believe this low-priced alternative will trade in directional tandem with segment leader, going forward.
Our 6-month price target of $0.20 and is based on a Price/Sales multiple discount to WSGF’s peer group, among other factors. We expect a series of milestones, multiple revenue streams, and novel innovation should drive WSGF’s stock markedly higher over the coming months.
?WSGF's Chart Is Showing A Bullish Reversal In The Making
Bullish Technical Indicators:
Bottomed and in bullish reversal
MACD & histogram in reversal
Up-trending and approaching zero-line cross
Newsfile Corp.
Mon, December 14, 2020, 9:40 PM GMT+1·3 min read
RECENT NEWS
Dallas, Texas--(Newsfile Corp. - December 14, 2020) - World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF"), through its new subsidiary, Vaycaychella, today announced the previosly announced Mexican Caribbean coast property acquistion set to close on schedule, tomorrow, Tuesday, December 15, 2020.
WSGF acquired Vaycaychella, a sharing economy technology company with a P2P App to connect entrepreneurs seeking to acquire short-term rental vacation properties with investors to back them, earlier this year in January. 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. and Vrbo.
Now that Vaycaychella has established a proven model through developing a portfolio of properties that includes 10 Caribbean beach front vacation homes, a boutique hotel, and a recently acquired 3 unit building in Puerto Rico with an overall estimated cumulative value of $12 million, the company is scaling that model with the introduction of a peer-to-peer (P2P) application (App) designed to connect new and existing short-term vacation property rental operators with prospective investors.
Last week, Goldman Small Cap Research published a research analyst report covering WSGF's new subsidiary, Vaycaychella.
In conjunction with the Goldman report, WSGF management subsequently confirmed the potential to achieve $100 million in revenue in the first twelve months following the production launch of Vaycaychella's peer to peer (P2P) application (app) designed to connect current and prospective short-term rental property operators with investors to finance acquisition and refurbishment of short-term rental properties.
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.
Goldman's report provides a detailed narrative on Vaycaychella's business model detailing how the company's P2P technology fits into the overall short-term vacation rental market currently spotlighted by the Airbnb (ABNB) Initial Public Offering (IPO) happening this week.
The Bottom Line:
WSGF’s key subsidiary, Vacaychella, is poised to emerge as a leading player in key segments of the sharing economy, which is slated to reach $335B in size by 2025. Vaycaychella has smartly combined the best of sharing economy apps such as Booking.com (NASDAQ – BKNG) with short term rentals like Airbnb, along with crowd-sourcing and P2P investing and lending platforms such as Indiegogo and LendingClub (NASDAQ – LC).
The Company’s current customer base spans across Caribbean vacation destination clients from Mexico to Puerto Rico. Vaycaychella has provided over $1.25 million in acquisition and renovation financing secured by 10 premium beachfront houses, a boutique hotel and historic building. with a combined estimated value of approximately $12 million. With an innovative P2P platform in beta, WSGF is set to offer existing and would-be short-term rental property owners with investors seeking potential financing opportunities.
Major upside to current prices lies ahead. With the Airbnb IPO as a proxy, we believe WSGF will trade in tandem with this sharing economy leader. Our 6-month price target of $0.20 is based on a Price/Sales multiple discount to WSGF’s peer group average valuation, among other factors. Future technology and business milestones, multiple revenue streams, and novel innovation should drive WSGF’s stock markedly higher, going forward..By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
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