Business
PJET Announces December Launch Date For Student Housing App
PJET Announces December Launch Date For Student Housing App.
About this update from Priority Aviation, Inc.
[{"type":"text","content":"\n\n\n\nPJET Announces December Launch Date For Student Housing App\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPJET Announces December Launch Date For Student Housing App\nPR Newswire\nDALLAS, Oct. 27, 2021\n\n\n\nDALLAS, Oct. 27, 2021 /PRNewswire/ -- Priority Aviation, Inc. (USOTC: PJET) (\"PJET\") today announced the company intends to launch its Student Housing Application in early December.\nThe App is intended to be the Airbnb of student housing.\nStudent housing is in short supply with only an estimated 22% of students living on campus.  \nRents have been steadily increasing, even through Covid, since 2017.\nThe United States has approximately 4,000 universities among more than 25,000 universities globally.  \nNew student housing projects are dominated by a handful of large investment firms that are putting an estimated $16 billion a year into building new student housing.\nEarlier this year, PJET began developing a sharing economy application called SHBO (student housing by owner) to enable the listing of properties near universities for rent by students to include entire properties, extra rooms, and roommates.  \nThe company is also in discussions to acquire a physical asset that will be used to test, refine, and demonstrate the technology currently under development while generating revenue at the same time.  The property is near a university in the state of Texas.\nLook for much more to be coming soon on the company's new business direction.\nVisit the company's new website periodically to look for the latest updates\nCompany Website – www.pjet-info.com\nDisclaimer/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 companie...