VAYK Asserts Goal of Q4 Operationally Profitable and Projects Major 2025 Launch
24 Oktober 2024 - 4:40PM
InvestorsHub NewsWire
Atlanta, GA -- October 24,
2024 -- InvestorsHub NewsWire -- Vaycaychella, Inc. (OTC Pink: VAYK) ("VAYK") management asserts
today that the company has been receiving stable revenue from its
first acquired Airbnb operation, and is continue growing its
metro-Atlanta business with the goal to become operationally
profitable in Q4 2024. Additionally, the company may launch a
major business initiative in the year 2025, which has the potential
to revolutionize the short-term rental (Airbnb etc.) industry.
Q4 Operating Profit
Likely
Back in February of this
year, the company announced that it would refocus its Airbnb
business to the domestic market of USA, mostly in fast-growing
metropolitan areas such as Atlanta, Georgia. Domestic USA
market is the largest short-term rental market in the world, having
reached $64 billion in total sales, according to AirDnA.
Concurrently, the company
has rebuilt its management team and retained a local entrepreneur,
Stephanie Anderl, who has solid experience in Airbnb operation, to
serve as its interim CEO. According to the company, Ms Anderl
played an instrumental role in acquiring the operating rights to
its first Airbnb property. Under the leadership of Anderl, the
Company aims to acquire rights to operate 10 to 20 short-term
rental (Airbnb) properties, of a total market value of $5 million
to $10 million, in the coming months.
The first acquisition has
been generating revenue for the company in the past two months,
according to Anderl. It is likely that the company will book a
small operating profit for the fourth quarter of 2024.
On Track to $1.5 –
2.1 million Annual Revenue
"Additionally, the company
has acquired the rights to renovate a historic landmark in downtown
Atlanta into a $5 million Airbnb property," says Ms Anderl.
"Altogether, the company is on track to achieve our goal of
operating a short-term rental portfolio valued of approximately $20
million, in the year of 2025."
"With the estimate of
about $50K – 70K gross revenue per property per year, the company
will be able to generate $1.0 million to $1.4 million annual
revenue from managing 20 properties. And the historic landmark
building may add another $500K to $700K revenue, to increase the
total operating revenue to $1.5 million to $2.1 million. Based on
my experience, operating profit margin from these revenues can be
as high as 30-50%."
Possible Launch of
Major Business Initiative in 2025
Further, Anderl confirms
that the company is working with business partners and prospective
investors to possibly kick off a major business initiative in the
year 2025.
"The new business initiative
will integrate real estate development, financial engineering,
social accountability, and short-term rental management," says
Anderl. "It will be a revolutionary business model with the
potential to redefine the concept of short-term rental, and disrupt
the whole short-term rental industry."
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
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