Helping hospitality professionals find investment to buy their own Airbnb - A new P2P service connecting rentrepreneurs with investrepreneurs
Dallas, Texas - 19 November 2020 - Finding a mortgage to purchase a home is hard enough today, let alone buying a vacation property to rent through Airbnb, VRBO or Booking.com.
The world is rich with hospitality talent – individuals that have managed restaurants, hotels, wedding and conference venues, and beach clubs, or worked airline and hotel reservations or sold vacation packages - to name only a few hospitality experiences. But far too often that talent can't qualify for a conventional loan to purchase, own and operate their own hospitality venue.
The burgeoning sharing economy is a powerful tool that is about to have more light shed upon its potential than ever with the launch of the Airbnb IPO. Airbnb has more rooms to rent (7 million) than the five largest hotel operators combined (4.3 million) – Marriott, Hilton, Intercontinental Wyndham and Hyatt.
Now a new business, Vaycaychella, is launching a sharing economy solution complimentary to Airbnb and other short-term rental apps by connecting hospitality talent with investors outside the conventional mortgage bankers. Vaycayhella is a peer2peer (P2P) solution connecting Rentrepreneurs with Investrepreneurs.
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