Business
WSGF - Vaycaychella Finalizes Terms For Acquisition Of Historic Building In Puerto Rico Further Extending Short-Term Rental Market Reach - Deal Expected To Close Monday
WSGF - Vaycaychella Finalizes Terms For Acquisition Of Historic Building In Puerto Rico Further Extending Short-Term Rental Market Reach - Deal Expected To Close Monday.
About this update from Vaycaychella Inc.
[{"type":"text","content":"\n\n\n\nWSGF - Vaycaychella Finalizes Terms For Acquisition Of Historic Building In Puerto Rico Further Extending Short-Term Rental Market Reach - Deal Expected To Close Monday\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 - Vaycaychella Finalizes Terms For Acquisition Of Historic Building In Puerto Rico Further Extending Short-Term Rental Market Reach - Deal Expected To Close Monday\nPR Newswire\nDALLAS, Dec. 3, 2020\n\n\n\nDALLAS, Dec. 3, 2020 /PRNewswire/ -- World Series of Golf, Inc. (USOTC: WSGF) (\"WSGF\"), through its sharing economy technology subsidiary serving the short-term rental market, Vaycaychella, today announced finalizing terms for the pending acquisition of historic building in Old San Juan, Puerto Rico.  Once refurbishment is completed, the building will include three short-term rental units available on sharing economy apps like Airbnb, VRBO and Booking.com.  The purchase of the Old San Juan property is expected to close on Monday, December 7th, 2020.\n\n \n \n \n \n \n \n\n \nLast week, Vaycaychella announced adding a boutique hotel in the Caribbean to its portfolio of short-term rental properties available on sharing economy apps like Airbnb, VRBO and Booking.com.  Sharing economy apps are taking an increasing share of the $32 billion Caribbean vacation market.\nIn January of this year, as the result of efforts launched earlier in 2019, WSGF acquired a business named Vaycaychella.  Vaycaychella originated operations in 2017 serving the short-term vacation rental market.  Vaycaychella's mission is to serve short-term vacation rental owners and investors with a peer-to-peer (P2P) investment application (app).  Vaycaychella plans to introduce additional apps that serve short-term rental owners and investors by, for example, providing discounted access to rental amenity supplies, on demand maintenance services, insurance, security and international banking and credit card processing.\nVaycaychella built a pilot client base serving a Caribbean based vacation property owner with 10 beachfront community vacation homes ...