VAYK To Offer Service Solution Capitalizing on Airbnb Better-than-expected Growth

Rhea-AI Summary

Vaycaychella (VAYK) has announced plans to launch an upgraded service solution targeting the short-term rental market, capitalizing on Airbnb's recent growth of over 300% since 2020. The company is developing a three-step solution for Airbnb hosts:

1. A financing platform to connect investors with hosts, aiming to 'disrupt the current Airbnb investment model'
2. Property renovation services through a recently acquired house engineering company
3. Professional management services with planned AI-based tools

Interim CEO Stephanie Anderl emphasized VAYK's focus on empowering individual hosts rather than institutional investors. The company aims to build a service business potentially worth tens or hundreds of millions of dollars in the coming years, targeting young entrepreneurs who want to enter the short-term rental market but lack resources.

Positive

• Recent acquisition of house engineering and service company
• Strategic alignment with Airbnb's 300% revenue growth since 2020
• Development of comprehensive three-step solution for hosts

Negative

• No current revenue figures disclosed
• Heavily dependent on Airbnb's continued market success
• Services still in development phase with no launch timeline specified

ATLANTA, Feb. 24, 2025 /PRNewswire/ -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management commends the recent earnings report by Airbnb. VAYK believes that the better-than-expected growth of Airbnb is creating a favorable environment for VAYK to launch its upgraded service solution in the coming months.

"We have built our company on the conviction that short-term rentals, whether operated on Airbnb or other similar platforms, represent the future of the hospitality industry. We aim to become a leading service provider in this industry," stated Stephanie Anderl, Interim CEO of VAYK. "The fact that Airbnb's annual revenue has grown more than 300% since 2020 verifies our conviction. This is a fast-growing emerging market, and we are providing a unique service in this market."

VAYK Aims to Build a Tens of Millions Dollar Business

VAYK provides service solutions for individuals who want to become short-term rental hosts. It aims to offer a one-stop solution, including financing tools, renovation services, and management services.

"There are many young entrepreneurs who want to start their own short-term rental business on Airbnb or other platforms. However, many of them lack the resources to start," elaborated Anderl. "In fact, many young people are renting apartment units and re-leasing them on Airbnb, which is actually illegal because it breaches their lease agreement with the apartment owner."

VAYK believes that by offering an affordable solution to these young entrepreneurs, it can build a service business worth tens or even hundreds of millions of dollars in a few years.

A Three-Step Solution for Airbnb Hosts

The first step is to provide financing tools for these young entrepreneurs. Back in 2020, VAYK released an APP to connect investors with Airbnb hosts. The company is currently working to launch a broader platform that, in Anderl's words, will "disrupt the current Airbnb investment model."

"The market has seen many institutional investors who hoard properties and turn them into short-term rentals in large numbers. This trend is actually in contrast to the original concept of the sharing economy. Our platform, instead, will empower individual hosts to operate their own Airbnb properties in their unique style, bringing back the charm of Airbnb as personalized hospitality experiences."

Secondly, the company will renovate properties customized to the demands of their hosts. Last month, the company completed the acquisition of a house engineering and service company, which will offer such customized renovation services. Currently, the company is working with an investor to renovate a historic landmark into a boutique Airbnb property.

Finally, the company will provide management services to Airbnb hosts.

"We expect that a significant percentage of short-term rental hosts are new to this business, and some of them may have regular jobs. Therefore, it is critical for them to get professional help," said Anderl. "Our team has years of experience in managing Airbnb properties, and we will develop or acquire an AI-based tool to make management much easier."

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.

VAYK Contact:
Contact@Vaycaychella.com
+1 470-804-7144

View original content:https://www.prnewswire.com/news-releases/vayk-to-offer-service-solution-capitalizing-on-airbnb-better-than-expected-growth-302383450.html

SOURCE Vaycaychella, Inc.

FAQ

What are the three main services VAYK plans to offer Airbnb hosts?

VAYK plans to offer: 1) financing tools to connect investors with hosts, 2) property renovation services through their recently acquired engineering company, and 3) professional management services with AI-based tools.

How much has Airbnb's revenue grown since 2020 according to VAYK?

According to VAYK's press release, Airbnb's annual revenue has grown more than 300% since 2020.

What recent acquisition has VAYK completed to enhance its service offerings?

VAYK recently acquired a house engineering and service company to provide customized renovation services for Airbnb properties.

How does VAYK plan to differentiate itself from institutional investors in the Airbnb market?

VAYK aims to empower individual hosts to operate their own properties in their unique style, rather than supporting institutional investors who acquire properties in large numbers.

What is VAYK's target market value potential according to the press release?

VAYK believes it can build a service business worth tens or even hundreds of millions of dollars in a few years.