reAlpha Looks to Democratize Investment Access to Short-Term Rental Market Amidst Record Consumer Demand

September 28, 2021

September 28, 2021 14:04:46
  • reAlpha seeks to provide retail investors with fractional ownership in lucrative short-term rental properties
  • The short-term rental market has seen a significant rise in popularity, with Airbnb recently releasing record revenues during its second-quarter results briefing
  • reAlpha sees an opportunity to meet consumer demand by deploying as much as $1.5 billion to create a short-term rental property portfolio numbering close to 5,000 properties
  • The company’s goal is to democratize investment access to the sector while simultaneously generating higher yields offered up by short-term rental properties
In early August 2021, Airbnb (NASDAQ: ABNB) reported second-quarter revenues that astounded the market. Revenues in the second quarter of 2021 came in at $1.34 billion, nearly four times higher than in the equivalent period in 2020, and up 10 percent over 2019. The quarter also heralded both Airbnb’s “strongest quarterly revenue on record” as well as its single “biggest” night of bookings. reAlpha is a cutting-edge technology company launching a platform to democratize the real estate market. The innovative startup plans to do so by providing retail investors with the ability to invest in the… Read More>> NOTE TO INVESTORS: The latest news and updates relating to reAlpha are available in the company’s newsroom at https://ibn.fm/reAlpha

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