Business
WSGF Targets Vacation And Real Estate Markets Post Covid Convergence
WSGF Targets Vacation And Real Estate Markets Post Covid Convergence.
About this update from Vaycaychella Inc.
[{"type":"text","content":"\n\n\n\nWSGF Targets Vacation And Real Estate Markets Post Covid Convergence\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\nWSGF Targets Vacation And Real Estate Markets Post Covid Convergence\nPR Newswire\nDALLAS, April 6, 2021\n\n\n\nDALLAS, April 6, 2021 /PRNewswire/ -- World Series of Golf, Inc. (OTC Pink: WSGF) (\"WSGF\"), through its new operating subsidiary, Vaycaychella, today highlighted plans to capture the opportunity anticipated in the convergence of the post Covid vacation and real estate markets.\nWSGF acquired Vaycaychella last year making the new business acquisition its primary focus. A name change reflecting the alternative real estate finance focus is underway.  \nVaycaychella's mission is to expand the short-term rental ecosystem upstream from rental Apps like Airbnb, VRBO, and Expedia to include a new App that facilitates the purchase of short-term rental properties.  \nWSGF is introducing the Vaycaychella Peer-To-Peer (P2P) App to connect would be short-term rental property buyers that might not have had the resources before to make a purchase, with a new breed crowd of alternative investors.\nManagement expects to launch the App no later than May of this year and possibly by the end of April. The App is undergoing Beta testing now.\nCovid, in general, has resulted in an increase in short-term vacation rental demand as people look for safe vacation alternatives. As vaccine programs roll-out, the vacation market wide industry is likely to see the benefits of overall pent-up demand.  \nAt the same time, mortgage default abatement programs implemented during Covid will come to an end potentially resulting in increased foreclosures and a general increase in supply of housing on the market.\nThe convergence of an increase in vacation demand and housing supply could result in an ideal buying opportunity for would-be short-term vacation property owner/operator entrepreneurs, and WSGF's Vaycaychella App has the potential to be the right tool at the right time to help entrepreneurs (or as we like to call them \"Rentrepreneurs\"...