Dallas, TX – November 25, 2020 – — World Series of Golf, Inc. (OTC: WSGF) (“WSGF”), through its sharing economy technology subsidiary serving the short-term rental market, Vaycaychella, today highlighted the history and development of, and the company’s own experience in the Airbnb market in Cuba.
Airbnb entered the Cuban market in 2015 and generated $40 million in short-term rentals the first year. Today there are more than 36,000 Cuban listings on Airbnb.
Vaycaychella’s short-term rental market business started by backing local Cuban rentrepreneurs in 2017 to acquire and restore majestic art deco homes in a gated beachside community just east of Havana. Five of the homes are beautifully restored and listed on Airbnb today. Five more are undergoing restorations. The sky is the limit with many old empty homes in the community all in need of being restored.
Yesterday, in a completely separate deal with a different Cuban rentrepreneur, Vaycaychella announced backing a boutique hotel in the Havana residential community of Miramar. An old Miramar mansion is being restored into a small hotel, restaurant and night club.
While Vaycaychella started in Cuba, the company now backs short-term rental properties from Mexico to Puerto Rico. While the company has funded its short-term rental rentrepreneur client/partners on its own, the company has launched a website and will soon launch an app to invite investors (investrepreneurs) to repeat our successes and connect directly with rentrepreneurs themselves.
If you have an interest in learning more about Cuba or pursuing owning and operating or backing an owner and operator of a short-term rental property anywhere in the world, visit our website at www.vaycaychella.com.
To learn more and keep up with the latest updates, visit https://www.vaycaychella.com/. At the company website, you will find a blog with frequent industry publications on the short-term rental market in general, as well as entries specific to Vaycaychella.
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.
William “Bill” Justice