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AIRBNB MOVE OUT OF THE WAY. A NEW PLAYER IN THE SHORT-TERM RENTAL GAME IS SET TO LAUNCH THIS WEEK, CALLED "#WKND". #WKND offers no guest service fees, no reservation fees and they even have a zero-cost listing and reservation plan for onboarding hosts dra

06-16-2022 11:05 AM CET | Industry, Real Estate & Construction

Press release from: #WKND

AIRBNB MOVE OUT OF THE WAY. A NEW PLAYER IN THE SHORT-TERM RENTAL

HOUSTON, TEXAS - In hospitality's trending market of Alternative Accommodation, #WKNDRENT or Simply #WKND as they are affectionately known as, is the newest social platform designed for peer-to-peer short-rentals and reservations. Later today, WKND.RENT will release their beta version for testing while onboarding hosts, influencers and site visitors. This online community, whose mission is "affordable housing for everyone," aims to make it easy to find accommodation that fits everyone's lifestyle. #WKNDRENT offers extremely competitive pricing, slashing costs of all of their competitors in the short-term rental market. The company offers no guest service fees, no reservation fees and a zero-cost listing and reservation plan for hosts. Additionally, the company offers a fee-based "premium plan" that boosts listings to the top of the area list for hosts. Bringing affordable housing and tourism to local communities, offsetting cost due to gas prices and inflation, and promoting the development of small businesses within local communities are among the brand's many ambitious initiatives for 2022 alone. Industry analysts predict #WKND will be the fastest-growing lifestyle travel social media platform in 2022. The new site is slated to officially launch on June 19th, which will allow users to list and reserve exotic vacation destinations such as boutique hotels, resorts, bed and breakfasts, luxury camping, RVs, tree houses, vacation rentals, other alternative short-term accommodations and experiences. #WKND's Development team is currently working on a mobile application for both android and apple users, scheduled for early release in July. The new online community can be accessed at: http://WKND.RENT

"Our economist indicate that recession is imminent. It became clear to me that we could tailor our social platform specifically to meet the needs of this sort of market, generating affordable housing, emergency housing, and freelance opportunities to strengthen local economies."- Christopher Stevenson, CEO/Founder

What Are Short-Term Rental Accommodations?
Short-term rentals are generally an apartment, a house, a duplex, or a townhouse that has a kitchen, a shared living area, and multiple bedrooms, making it perfect for families and groups who want to stay together. It is typically a win-win situation for the guest and the host, as renting short-term saves money by eliminating the need to pay for multiple hotel rooms. Accommodation hosts who rent out short-term accommodations typically earn more per night than they would if they rented to tenants who pay month-to-month rent.

The 'Alternative' Accommodations term for short term rentals is emerging as a distinct category from boutique accommodations, which are often associated with independent or small-chain properties. In contrast to larger companies, which more often than not emphasize uniformity over individual property identities, alternative accommodations tends to be a more personal approach to hospitality management. Unique in their character and very distinctive, Alternative short-term rental accommodations are often described as quirky, cutting-edge, avant-garde, trendy, funky, and charming. Through #WKND's new online community, property owners can list their rental property free of charge, making their listings available to travelers looking to find those rare short-term lodgings that meet their lifestyle needs.

"Short-term stays have really taken off on the market in recent years. One reason is that travelers are able to identify with the unique features of lifestyle accommodations custom tailored to their own preferences. These factors contribute to a better overall guest experience."- Christopher Stevenson, Founder/CEO

Market Size
Travel spending and resurgence of travel rates are expected to recover over the next five years as a result of the rollout of the COVID-19 vaccine and mass immunization programs. During the majority of the current five-year period, the Bed and Breakfast and Hostel Accommodations industry experienced modest growth. In 2022, the Bed & Breakfast and Alternative Accommodations industry is forecast to grow by 1.7%, with a revenue of $1.7bn. As more baby boomers retire and spend their savings on travel, the demand for all types of travel accommodations remains on the rise. When traveling, millennials are likely to consider alternatives to traditional lodging options because they aren't loyal to any particular type of accommodation.

Their Different: Diversity, Equality, Equality and Inclusion.
The New #WKNDRENT community emphasizes supplier diversity as well as the involvement of businesses that have been historically marginalized in technology, including those owned by women, lgbtqia+ persons, disabled entrepreneurs and veterans. The creation of this online community was made possible by the joint efforts of development teams from around the world composed of experienced programmers from all walks of life contributing their skills to develop this new short-term accommodation and reservation website.

"Diversity, Equity, Equality and Inclusion isn't built into this community as an afterthought. Among our top priorities is establishing and supporting partnerships with small businesses that come from diverse markets and growing together with these businesses. We take Supplier Diversity at #WKND very seriously to ensure that the people from our supply base are reflective of the customers and communities we serve. As part of this effort, our Supply Chain Management team ensures diverse suppliers are identified and integrated into our strategic sourcing and procurement processes. This will produce efficiencies, innovation, and increase opportunities for diverse suppliers. " -Christopher, CEO/Founder

COMMUNITY FEATURES
The lifestyle accommodations and reservations website #WKND, has been developed with accessibility in mind. It can be translated into multiple languages so that travelers can easily book their accommodation with a few clicks. Travelers can also use search parameters based on individual needs, such as pet-friendly accommodations, property types, number of bedrooms, wheelchair accessibility, house rules and unique amenities on wknd.rent's new peer-to-peer reservation platform. On each property listing page, you can find feedback from renters who have recently rented at the listed destinations. In addition, you can find an overall star rating system for each property. If you are interested in a short-term listing but aren't ready to commit, you can "Bookmark" the listing and return to it later when you are ready to reserve the short-term rental. Users can also access a suite of support tools that include a live chat feature with customer service, knowledge base documentation, a frequently asked questions section, and a community forum. With more than 1000 products, #WKND also includes a shop for buying goods and alternative short-term rental low-cost building structures such as tents, treehouses, modular and tiny homes.

The site also provides a simple, an easy-to-use backend dashboard that hosts and guests can both use to manage profiles, plan trips, view reservations, and manage gift vouchers. Hosts can purchase hosting packages, submit listings, and update listings with this access. Community members can also communicate directly with each other via the site's internal messaging system about the property's details and inquire further about anything they may need, such as check-in procedures or house rules.

#WKNDRENT IS A SUPPORTER OF BLOCKCHAIN NETWORKS
The company has implemented various payment options to reserve short-term accommodations using traditional fiat methods such as credit, debit, and site issued virtual gift vouchers. #WKND users can also choose to pay in Bitcoin, Ethereum, Dogecoin, Shib Inu, Bitgert and other ERC20 cryptocurrencies. This option to pay in cryptocurrencies illustrates the community's long term commitments to contributing to the growth of various blockchain networks and the cryptocurrency ecosystem.

There are a variety of payment options available on the company's website for purchasing both services and products. Payment methods include credit cards, debit cards, Paypal, Cashapp, Amazon Pay, and virtual gift vouchers issued by the site. Additionally, the company has partnered with Crypto.com so that users can pay in Bitcoin, Ethereum, Dogecoin, Crypto.com Coin, Shiba Inu, Bitgert, and 700+ other cryptocurrencies. The company's commitment to contributing to the growth of various blockchain networks and cryptocurrency ecosystems can be expressed through its choice to accept payment in cryptocurrencies.

"It is our responsibility to anticipate changing preferences of guests as an emerging industry leader in the lifestyle accommodations sphere. It is crucial that we elevate the guest experience in all aspects - whether in the way we deliver products and services or in the way we engage and transact with our customers. Our aim is to accelerate innovation in the short-term accommodations arena."- Christopher Stevenson, CEO/ Founder

#WKND has also pledged to burn tokens of the meme-inspired cryptocurrency Shiba Inu ($SHIB) later this year in order to reduce its circulating supply, which if met with growing demand could result in a price increase. The burns will be conducted by moving funds into the official SHIB burn wallet. It illustrates the community's long-term commitment to contributing to the growth of various blockchain networks and cryptocurrencies.

When asked if the company would introduce a token soon, the CEO replied:

"… I thought about the possibility of creating an ERC20 token for the platform. You'll have to wait a few weeks for future announcements from us concerning this topic."

WHAT'S NEXT FOR #WKND?
The Company has outlined a rigorous schedule for the next few weeks. As part of this beta website testing period, the company is currently working on developing a number of new products and services for short-term rentals, while also providing support and troubleshooting any issues raised by this new online community. This period will also allow them to incorporate suggestions from user surveys, as well as planning national campaigns to raise awareness of the brand. According to the company, they are currently sourcing small businesses and individuals from more than 19,900 US cities in various industries. The goal is to quickly increase their supply base as they prepare to launch their mobile application soon. A final question was asked of the CEO regarding whether the company had sought out more capital, who responded,

"We're a young company with limited resources, and we're making it work, this is to our advantage. While I would seriously consider any relevant offers in the future, having financial partners may not be a great idea right now. There are a number of projects in our pipeline that will disrupt industries. I am confident that these projects will provide us with significant additional revenue in the near future."

'###

MEDIA CONTACTS
Name: Zakariah Mora
Phone: 281-317-5105
Email: Press@WKND.Rent

MEDIA CONTACTS
Name: Christopher Stevenson, Founder /CEO
Phone: 281-317-5105
Email: Chris@WKND.Rent

#WKNDRENT or Simply #WKND as they are affectionately known as, is the newest social platform designed for peer-to-peer short-rentals and reservations. This online community, whose mission is affordable housing for everyone, aims to make it easy to find accommodation that fits everyone's lifestyle. The company allow users to list and reserve exotic vacation destinations such as boutique hotels, resorts, bed and breakfasts, luxury camping, RVs, tree houses, vacation rentals, other alternative short-term accommodations and experiences. #WKNDRENT offers extremely competitive pricing, slashing costs of all of their competitors in the short-term rental market.

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