WSGF - Vaycaychella Expands Short-Term Rental Footprint In $32 Billion Caribbean Vacation Market With New Boutique Hotel

World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF"), through its sharing economy technology subsidiary serving the short-term rental market, Vaycaychella, today 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.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7567/68861_6a349e2f4473eb5e_001.jpg

Caribbean Vacation Market

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7567/68861_6a349e2f4473eb5e_001full.jpg

In 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.

Vaycaychella built a pilot client base serving a Caribbean based vacation property owner with 10 beachfront community vacation homes currently under management. Vaycaychella has financed the property owner to acquire and refurbish the 10 premium properties.

Since launching the Vaycaychella website earlier this year, Vaycaychella has added additional properties to its short-term rental portfolio spanning the Caribbean from Mexico to Puerto Rico to include properties in Cuba.

The boutique hotel business announced today will operate in a former mansion located in the Havana, Cuba residential community of Miramar. The six-room hotel includes a restaurant and night club. Vaycaychella is financing the Canadian host to refurbish the building. The boutique hotel is anticipated to open by the summer of 2021.

In the coming days, Vaycaychella will begin beta testing for its P2P investment app to more widely connect prospective vacation property owners with would be investors. Look for an announcement coming soon asking to sign-up willing participants to test the beta software.

Vaycaychella is excited to time the launch of its P2P investment app with the coming Airbnb $30 billion IPO. Airbnb has the potential to be a global, seismic economic event spotlighting the unprecedented, and until now, largely untapped potential of the sharing economy. Airbnb has more rooms to rent (7 million) than the five largest hotel operators combined (4.3 million) - Marriott, Hilton, Intercontinental Wyndham and Hyatt.

In short, the advent of sharing economy technology like Airbnb, Uber and we like to think, Vaycaychella apps, empowers everyday individuals around the world to combine their personal resources (homes, cars, savings and talent for example) under a single organized business, that can compete with if not dominate any traditional Fortune 500 competitor.

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.

WSGF Contact:
William "Bill" Justice
bill@vaycaychella.com
(800) 871-0376

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68861

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Sort by
Alvopetro Announces March 2025 Sales Volumes

Alvopetro Announces March 2025 Sales Volumes

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces March sales volumes of 2,580 boepd, including natural gas sales of 14.5 MMcfpd, associated natural gas liquids sales from condensate of 146 bopd and oil sales of 12 bopd, based on field estimates, bringing our average daily sales volumes to 2,446 boepd in Q1 2025, up 41% from Q4 2024.

Natural gas, NGLs and crude oil sales:

Corporate Presentation

Alvopetro's updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation .

Social   Media

Follow Alvopetro on our social media channels at the following links:

Twitter - https://twitter.com/AlvopetroEnergy
Instagram - https://www.instagram.com/alvopetro/
LinkedIn - https://www.linkedin.com/company/alvopetro-energy-ltd
YouTube - https://www.youtube.com/channel/UCgDn_igrQgdlj-maR6fWB0w

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro's organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

All amounts contained in this new release are in United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted.

Abbreviations:

boepd

=

barrels of oil equivalent ("boe") per day

bopd

=

barrels of oil and/or natural gas liquids (condensate) per day

Mcf

=

thousand cubic feet

Mcfpd

=

thousand cubic feet per day

MMcfpd

=

million cubic feet per day

NGLs

=

natural gas liquids

Q1 2025

=

three months ended March 31, 2025

Q4 2024

=

three months ended December 31, 2024

BOE Disclosure . The term barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

SOURCE Alvopetro Energy Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/April2025/03/c2450.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Charbone Hydrogen (TSXV:CH)

Charbone Hydrogen


Keep reading...Show less
Oil rig with stock charts overlayed.

5 Biggest ASX Oil and Gas Stocks in 2025

Oil and gas are key energy fuels, and ASX-listed Australian oil and gas companies could benefit from their price moves.

For the most part, 2024 was a volatile year for both the oil and gas markets. In the first half of the year, oil prices were riding an uptrend, spurred on by rising tensions in the Middle East amid tightening supply.

However, after prices peaked at US$91.70 per barrel in early April, demand-side challenges weighed oil down, with levels sinking to US$77 in early June. In the second half of the year, oil prices took a hit as global economic uncertainties continued to grow.

Keep reading...Show less
Hydrogen pipes in a green grass field on a sunny day.

Hydrogen Stocks: 9 Biggest Companies in 2025

Hydrogen stocks are benefiting from cleantech sector momentum as the world moves closer to a green energy future.

The most abundant element on Earth, hydrogen is a colorless gas. It can be produced in liquid form and burned to generate electricity, or combined with oxygen atoms in fuel cells. In this way, hydrogen — which produces no carbon emissions — can replace fossil fuels in household heating, transportation and industrial processes such as steel manufacturing.

Rising demand for carbon-free energy sources alongside significant new government policies are driving growth in the hydrogen market. Grand View Research projects that the global hydrogen-generation market will grow at a compound annual growth rate of 9.3 percent from 2024 to 2030, reaching US$317.39 billion by the end of the forecast period.

Keep reading...Show less

Latest Press Releases

Related News

×