STOCK TITAN

VAYK Set To Begin Generating Revenue In 2022 From Trillion Dollar Tourism Industry

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Vaycaychella (OTC Pink: VAYK) announced plans to begin revenue generation in 2022 by financing short-term rental properties listed on platforms like Airbnb and VRBO. The company is scaling its pilot with the launch of the Vaycaychella App, enabling entrepreneurs to attract investors for property purchases. VAYK is set to release Version 2.0 of the app, allowing buyers to create cryptocurrencies for raising funds. The company aims to diversify revenue streams through app fees, advertising, and financing commissions, targeting growth in the trillion-dollar tourism market.

Positive
  • Expecting to generate revenue in 2022.
  • Launch of Vaycaychella App to facilitate property financing.
  • Version 2.0 of the app includes cryptocurrency fundraising features.
  • Targeting multiple revenue streams including app fees and advertising.
Negative
  • None.

Dallas, Texas, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Vaycaychella, Inc. (OTC Pink: VAYK) today announced the company expects to begin generating revenue in 2022. The company has established a physical pilot financing the entrepreneurial purchase and operation of short-term rental properties that can be listed on Apps such as Airbnb and VRBO. The pilot has been scaled with the introduction of the Vaycaychella App that allows entrepreneurs to list properties in combination with presenting their own talent in order to find investors interested in backing the purchase and launch of a short-term rental business. 

The tourism industry is a trillion-dollar market even during the Covid pandemic.  Before Covid the tourism industry was approaching $2 trillion. 

VAYK plans to launch a Version 2.0 of its Vaycaychella P2P Alternative Short-Term Vacation Rental Property Purchase Application by the end of this year.

The Vaycaychella App Version 2.0 is designed to include the opportunity for short-term vacation rental property buyers to launch their own cryptocurrencies to sell and raise funds for purchases and renovations.

VAYK management is targeting multiple revenue generating opportunities to include App fees, advertising, and financing commissions. Management anticipates generating revenue from multiple sources and evolving the revenue model in response to what they learn as the business grows.

To learn more and keep up with the latest updates at Vaycaychella, and to access the Vaycaychella App, visit  https://www.vaycaychella.com/.

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


FAQ

When does Vaycaychella expect to start generating revenue?

Vaycaychella expects to begin generating revenue in 2022.

What is the purpose of the Vaycaychella App?

The Vaycaychella App facilitates the entrepreneurial purchase and operation of short-term rental properties.

What new features will Version 2.0 of the Vaycaychella App include?

Version 2.0 will allow users to launch cryptocurrencies to raise funds for property purchases and renovations.

What revenue opportunities is Vaycaychella targeting?

The company targets app fees, advertising, and financing commissions as revenue opportunities.

VAYCAYCHELLA INC

OTC:VAYK

VAYK Rankings

VAYK Latest News

VAYK Stock Data

555.57k
925.94M
0%
Mortgage Finance
Financial Services
Link
United States of America
Las Vegas