reAlpha seeks to democratize investment access to the short-term rental market amid record consumer demand
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- reAlpha Seeks To Provide Retail Investors With Fractional Ownership In Lucrative Short-Term Rental Properties
- The short-term rental market has seen a significant increase in popularity, with Airbnb recently posting record revenues during its second quarter earnings briefing.
- reAlpha sees opportunity to meet consumer demand by deploying up to $ 1.5 billion to create short-term rental property portfolio of nearly 5,000 properties
- The company’s goal is to democratize access to investment in the area while simultaneously generating the higher returns offered by short-term rental properties.
Beginning of August 2021, Airbnb (NASDAQ: ABNB) reported second quarter revenue that stunned the market. Revenue for the second quarter of 2021 was $ 1.34 billion, nearly four times higher than the equivalent period in 2020, and up 10% from 2019. The quarter has also announced both Airbnb’s “highest quarterly income 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 offering retail investors the opportunity to invest in the &
NOTICE TO INVESTORS: The latest reAlpha news and updates are available in the company newsroom at https://ibn.fm/reAlpha
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