PJET Initiatives Student Housing By Owner App Alpha Testing
November 09 2021 - 2:58PM
InvestorsHub NewsWire
Dallas, Texas -- November 9, 2021 --
InvestorsHub NewsWire -- Priority Aviation, Inc. (USOTC:
PJET) (“PJET”) today announced that the company will begin
alpha testing its Student Housing By Owner (SHBO) App
tomorrow. The development of the App is complete, and the App
will now undergo an internal quality
review.
Accordingly, management confirms the
company remains on track to launch its SHBO App next month in
December bringing a yet untapped real estate sector into the
student housing market.
PJET anticipates its Student Housing App
to resonate with the resource constrained student housing
market.
In addition to introducing an App intended
to be the Airbnb of student housing making it easy for anyone with
an extra bedroom, garage apartment, or empty house near a campus to
now turn that extra space into income, the App is also architected
to optimize advertising to the university student
demographic.
21 million U.S. college students are
estimated to have over $376 billion in spending power. In
2020, students spent $39 billion on food alone. Annual
student spending on clothes and accessories is estimated at $67
billion. Universities themselves spend approximately $1
billion annually advertising to the university student
demographic.
See College
Student Spending Habits For 2021 to learn
more.
PJET’s Student Housing App design includes
an artificial intelligence engine intended to optimize the App’s
value to businesses looking to attract the university student
demographic.
PJET is also building a brick and mortar
component of its business. The company has reached terms to fund
and build a student housing residential building in Texas that will
support a small private university with an enrollment of
approximately 1200 students. This is the first such project
planned to support smaller universities and complement the Student
Housing App initiative.
PJET redirected its operations earlier
this year toward the student housing market. Look for much more to
be coming soon on the company’s new business
direction.
Visit the company’s new website
periodically to look for the latest
updates
Company Website – www.pjet-info.com
Disclaimer/Safe Harbor: This news 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 herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur.
Contact:
Steven
Rash
Info@pjet-info.com
+1 (800)
861-1350
Priority Aviation (CE) (USOTC:PJET)
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