PJET announces December launch date for student housing app
Posted: October 27, 2021 at 10:05 a.m. EDT|Update: 6 hours ago
DALLAS, October 27, 2021 / PRNewswire / – Priority Aviation, Inc. (USOTC: PJET) (“PJET”) announced today that the company intends to launch its student accommodation app in early December.
The App is intended to be the Airbnb for student accommodation.
Student accommodation is scarce with only one estimate 22% students living on campus.
Rents have been regularly increasing, even through the Covid, since 2017.
New student housing projects are dominated by a handful of large investment firms that are putting $ 16 billion one year in the construction of new student accommodation.
Earlier this year, PJET began developing a sharing economy app called SHBO (Owner Student Accommodation) to enable listing of properties near universities for rent by students to include entire properties, additional bedrooms and roommates.
The company is also in talks to acquire a physical asset that will be used to test, refine and demonstrate technology currently under development while generating revenue at the same time. The property is close to a university in the state of Texas.
Expect to learn more about the company’s new business direction.
Periodically visit the new company website to check for the latest updates
Company Website – www.pjet-info.com
Safe Harbor / Disclaimer: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned in this document will make significant sales, failure to meet the schedule or performance requirements of the companies’ contracts, the liquidity position of the companies, the ability to companies to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive prices. In light of these uncertainties, the forward-looking events mentioned in this press release may not occur.
+1 (800) 861-1350
Show original content:
SOURCE Priority Aviation Inc.
The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.