News that the company was refocusing its short-term rental business on the continental U.S. sent the stock higher in morning trading. And rightly so. The U.S. short-term rental market will reach $64 billion in sales by 2023.
Vaycaychella, Inc. ( Rose OTC: VAYK ) today announced in a press release a comprehensive update of its business strategy to include strategic investments that expand on the company’s ongoing plan to be a leading service provider within the short-term rental industry.
In addition to an updated business strategy, VAYK has negotiated debt reduction agreements with previous debtors and investors, reduced total debt by nearly $2 million to date, and is in the process of negotiating the settlement of an additional $1 million debt VAYK is in negotiations to acquire an operation with multiple short-term rental properties residing in US metropolitan locations
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