VAYK Releases Travel Industry Expansion Plan for 2022

Dallas, Texas, Jan. 14, 2022 (GLOBE NEWSWIRE) — Vaycaychella, Inc. (OTC Pink: VAYK) today released a presentation on the company’s rapid expansion plans for 2022. The publication today presents the strategic framework for VAYK’s compressive plan. There will be follow-up presentations on each of the key framework components described herein in the coming weeks. The presentation of the company’s rapid expansion plan is reproduced below in its entirety:

VAYK democratizes the tourism market with individual and SME operators

VAYK was conceived and launched to support individuals and small businesses in acquiring properties for short term rental, primarily through the online marketplace through applications such as Airbnb and Expedia.

VAYK has an ongoing pilot project consisting of 10 beach huts and a small boutique hotel where VAYK has provided financing for small businesses to acquire and renovate the property. The properties are all located in the Caribbean and most of the properties are located in Cuba. All properties are in economically distressed locations with excellent beaches. The businesses supported by VAYK are doing well, and despite Covid, they are still growing and generating income for VAYK through loans.

VAYK is scaling up its pilot project by creating an online application that allows individuals and small businesses to list properties they want to buy and seek one-on-one financing with potential investors.

VAYK will soon launch a new version of its online application that extends one-to-one financing to a one-to-many opportunity where many individual investors can come together to support a single project.

The new version of the application is being developed in parallel with a facility where individuals and small businesses can create, launch and exchange listing cryptocurrencies to generate investment funds to support future real estate purchases.

Cuba Outlook

VAYK’s Cuba pilot is gaining momentum with an improving political situation in Cuba and an improving US diplomatic attitude towards Cuba.

VAYK is now in negotiations to back a second hotel property in Cuba, in addition to expanding its beachfront property portfolio from 10 to a whopping 100 this year.

VAYK’s experience and relationships in Cuba have proved valuable in new ways that are separate from VAYK’s focus on short-term rental financing, but still steadfastly tied to VAYK’s connection to the general tourism industry.

Alternet Systems Inc. (OTC Pink: ALYI) has approached VAYK to explore the possibility of expanding ALYI’s initiative to set up a Formula E race in Nairobi with the possibility of a Formula E race to Havana. The talks are still early, but initial reactions to the idea are positive.

Cuba-style expansion (Cancun’s model)

50 years ago, Cancun, today one of the most popular beach vacation destinations in the world, located on the Yucatan Peninsula, was an uninhabited desert island. Cancun’s home state of Quintan Roo was not yet part of Mexico when the vision for Cancun as a vacation destination was first born in 1969.

Just before the onset of Covid, Mexico generated about $21 billion annually in tourism, accounting for an estimated 8% of their total GDP, 50% of which was from Cancun.

The growth of tourism in Cancun has spread throughout the Yucatan Peninsula and continues to grow today. The Yucatan Peninsula is no longer just a tourist destination. It is now home to a global community of long-term residents from all over the world.

It all started with those early investors who took the risk of financing a vision rather than taking out a loan on otherwise conventional terms.

We see an opportunity in Cancun with the work we are doing in Cuba, and we believe we are on the cusp of making history.

But there are other Cubaesque/Cancun Model opportunities around the world. We’re confidently optimistic that the proliferation of our VAYK app will bring those other Cubaesque/Cancun Model capabilities to light, and when we find them, we’ll be shouting it from the mountaintops.

New technologies that make tourism revenue more than an opportunity for a brand

While VAYK is based on facilitating alternative financing for the purchase of real estate for use in the vacation and tourism industries, VAYK’s long-term vision is much broader and includes expansion into additional technologies that enhance the operation and potential for generating revenue of further democratize the huge tourism industry. more individual and small businesses.

VAYK has some irons in the fire regarding new technologies beyond our alternative peer-to-peer financing application and cryptocurrency crowdfunding expansion. The two technologies furthest in the pipeline are online financial services and compression white label booking tools.

We expect to soon introduce online financial services for vacation rental hosts that will give hosts access to access and manage bank accounts online, including issuing their own credit cards to hosts and the ability to process credit card payments from their customers.

We also expect to introduce a solution that will allow hosts to offer bookings of air travel, car rental and travel insurance, all from their own website, adding commission income to their rental income.

VAYK 2.0 release update

The release of VAYK 2.0 which adds the new one-to-many crowdfunding funding features and lays the groundwork for connectivity to the upcoming cryptocurrency offering creation functionality is expected to come out in late December 2021. Our application development project manager became ill with a case of Covid and the release was delayed. She is now back at work and expects to have VAYK 2.0 live by the end of January.

Today’s presentation is a framework of the VAYK plan for 2022 and beyond. Additional management updates will be published in the coming weeks with more details about each of the framework components described herein.

For more information and to keep up to date with the latest updates to Vaycaychella, and to access the Vaycaychella app, visit https://www.vaycaychella.com/.

Disclaimer/Safe Harbor: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company’s current views regarding future events that involve risks and uncertainties. These risks include, among other things, the expectation that any of the companies identified herein will realize significant sales, failure to meet the schedule or performance requirements of the companies’ contracts, the liquidity position of the companies, the companies’ ability to to obtain, the emergence of more financially resourced competitors and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this press release may not happen.

WSGF contact person:
William “Bill” Justice
[email protected]
(800) 871-0376

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