WSGF Highlights VRBO Analyst Upgrade As Good News For Vaycaychella
26 January 2021 - 4:55AM
InvestorsHub NewsWire
Dallas, TX -- January 25, 2021 --
InvestorsHub NewsWire -- World Series of Golf, Inc.
(OTC Pink:
WSGF)
("WSGF") today highlighted recent VRBO analyst upgrade news as
further validation of the high potential for WSGF’s new
Vaycaychella business.
Vaycaychella has
built a peer-to-peer (P2P) technology solution designed to connect
short-term rental property buyers with alternative investors.
The P2P application (app) is part of a fintech ecosystem solution
suite for short-term rental property owners that includes a Visa
Card solution and plans for a cryptocurrency
component.
Over the past
three years Vaycaychella has built a portfolio of short-term
vacation property investments that would not qualify for
conventional mortgages. Now the company is scaling its
business model with the introduction of its P2P
technology.
WSGF plans to
beta launch its Vaycaychella P2P app to beta users in February 2021
with a production launch anticipated in
June.
A Barron’s
article published Friday reported that Wells Fargo Analyst
Brian Fitzgerald lifted his rating on Expedia from Equal Weight to
Overweight:
Fitzgerald
believes that the Airbnb (ticker: ABNB ) IPO could provide Expedia ( EXPE ) an opening to unlock the value of Vrbo,
its vacation rental site and play on the short-term real-estate
rental market. Expedia, he thinks, could boost Vrbo’s valuation by
providing more transparent disclosures about Vrbo’s financial
performance.
That is not
all—Fitzgerald sees potential for Expedia to spin off Vrbo to
shareholders or to take it public. If Expedia does the former, the
move would be in keeping with the company’s roots: Expedia itself
was spun out of IAC ( IAC ) in
2005.
“The Airbnb IPO and today’s analyst news
on VRBO bring more investment market attention to the short-term
rental market space,” said William “Bill” Justice, CEO of WSGF and
Vaycacyhella. “The Airbnb and VRBO short-term property rental apps
cover only a fraction of the overall short-term property rental
ecosystem. We are moving upstream from Airbnb and VRBO to
help property owners finance short-term rental property
purchases. We plan to pull through additional services to
support the short-term property rental owners and operators.
Any attention Airbnb and VRBO bring to the short-term property
rental market is good news for WSGF and Vaycaychella.”
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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