Category Archives: Monaker Group Inc. MKGI

QualityStocksNewsBreaks – Monaker Group, Inc. (MKGI) Announces Launch of NextTrip Website and Mobile App

May 25, 2017

Travel and technology company Monaker Group, Inc. (OTCQB: MKGI) this morning announced the launch of NextTrip, a new travel website and companion mobile app featuring instant alternative lodging rentals (ALRs). The NextTrip mobile app is now available for download on both Android and iOS devices, giving users access to more than 1.2 million instantly-bookable ALR properties, 200,000 hotels, 400 airlines, all major car rental companies and 10,000 tourist activities. “The launch of NextTrip demonstrates how Monaker has solved one of the biggest pain-points in the travel industry — lack of access to instant booking of ALR,” Bill Kerby, CEO of Monaker, stated in the news release. “So, if you book it, you’ve got it. No waiting minutes or hours as you wait to hear back from the property owner. You can now go ahead and book flight, car or tour packages at the same time of your ALR, all on the same site, and without hesitation.” NextTrip is powered by the Monaker Booking Engine (MBE), a cloud-based technology platform that allows for custom integration into virtually any existing booking platform. Monaker aims to leverage this advanced technology to capitalize on the forecast growth of the ALR industry, which is on pace to top $194 billion in 2021, according to Technavio.

To view the full press release, visit http://dtn.fm/jj1Qb

About Monaker

Monaker Group is a technology-driven travel company focused on delivering innovation to alternative lodging rentals (ALR) market. The Monaker Booking Engine (MBE) delivers instant booking of more than 1.2 million vacation rental homes, villas, chalets, apartments, condos and castles. MBE offers travel distributors and agencies an industry-first: a customizable instant booking platform for ALR. Monaker’s NextTrip.com B2C website, also powered by MBE, is the first to offer significant instantly-bookable ALR products along with mainstream travel products and services all on a single site. NextTrip also features rich content, imagery and high-quality video to enhance a traveler’s booking experience and assist in the search, decision and buying process for both individuals and groups. For more information, visit www.monakergroup.com or www.nexttrip.com.

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Monaker Group, Inc. (MKGI) Making Travel Planning Easier Through Its Flagship NextTrip.com

December 14, 2016

According to 4Hoteliers (http://dtn.fm/zOeA9), 85% of travelers across the world are also smartphone users. The article goes on to state that 32% of these travelers use their mobile devices to book travel-related services. The company’s recent webinar, ‘Digital Marketing and Mobile Trends Impacting the Travel Industry’, showed that over 70% of travelers use mobile devices to check their itineraries.

But the increase in mobile usage for travel is not all that is impacting the industry. A more experience-based economy, the new social ecosystem we live in, and the growing preference for recommendations from peers are just some of the digital marketing trends transforming the travel industry, according to Smart Insights (http://dtn.fm/DoC4q). Because travel arrangements are now largely made via the Internet, and the typical consumer is looking for more than just a basic holiday, organizations in the travel industry are having to adapt to a more digital and mobile way of reaching consumers.

During a survey undertaken by Opera Mediaworks (http://dtn.fm/J9gWx), one in three people said that the availability of booking apps would make them more likely to book via mobile, and one in three also said that having research apps available could make them more likely to engage in more travel activities such as eating out, visiting various sights, and more. According to the ‘How People Use Their Phones For Travel’ research published by Google (http://dtn.fm/B5iX2), the top motivating factor for downloading travel apps is to make a specific activity or task easier. Users shared that what they find most valuable about travel apps is the wide range of features and the fact that apps store preferences that make future activities easier.

As a result, NextTrip.com, flagship company of Monaker Group, Inc. (OTCQB: MKGI), designed its own all-in-one travel planner, which gives travelers access to a range of free tools that allow them to import all booking details into one space. The free travel organizer allows users to discover hotels, restaurants, sights, and activities near their points of interest. The all-in-one travel planner helps holidaymakers organize details of their trips, and even split and collect money between groups of people. NextTrip’s travel planner is easy to use, easily accessible, and makes planning a trip while on the move simple thanks to its compatibility with mobile devices.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Leveraging Game-Changing Approach to the Real-Time Alternative Lodging Market

December 7, 2016

The business model proposed by Monaker Group, Inc. (OTCQB: MKGI) and the group’s innovative approach to the alternative vacation rental market are discussed in depth by leading financial news and information portal SECFilings.com (http://dtn.fm/A5Mjn). Noting that Monaker Group, a technology-driven tourism company offering comprehensive travel solutions and personalized tours, has a unique position and approach to real-time alternative travel lodging reservations, the article goes on to explain how this business model is different and more efficient than others on the market.

According to Euromonitor data quoted by the article, global tourism is expected to have a modest compound annual growth rate of only four percent through 2019. However, the industry currently sits at $2.7 trillion and is ripe for innovative solutions and approaches. Some industry players have already begun to change their approach in their drive to engage and retain customers and drive sales. For instance, Priceline Group Inc. (NASDAQ: PCLN) has already changed how travelers book hotels and airfare, while Airbnb is questioning the need to actually use hotels when traveling and instead focusing on alternative lodging solutions.

While Airbnb remains an innovator in the field, the problem with its system is that most of the properties listed are not bookable in real time, the SECFilings.com article says. This means travelers looking for accommodation through the website must first wait for property owners to reply and confirm their bookings. While many budget travelers might not have a problem with that, tourists who have a tendency to plan their vacations in great detail usually look for a more seamless travel and accommodation experience, such as the one offered by a hotel.

Monaker Group, via its NextTrip.com booking platform, provides a solution to this dilemma by offering real-time booking options to travelers. The group has over 1.4 million alternative lodging rentals in its portfolio, properties spread throughout Asia, Europe, South America and the United States. By offering real-time booking, the group wants to solve a major problem on the alternative rentals market and to eventually integrate with airlines and online travel agencies so that they can provide access to alternative lodging options outside of the traditional hotel listings.

The NextTrip platform, launched in February of this year, offers travelers access to a large inventory of alternative lodging options, as well as hotels, tours, airlines, rental cars, and more. The NextTrip planner also allows users to import their bookmarks from other websites, look for tourist attractions in their vicinity, and even split the costs among their traveling party members based on each person’s participation.

Monaker Group has already sealed various partnerships with other travel industry companies to expand and integrate the NextTrip platform. Back in August, Monaker signed a deal with Mark Travel’s travel technology division, Trisept Solutions, to integrate its booking platform. Another step toward integrating real-time vacation rentals into the mainstream travel industry was taken earlier this month, when Monaker announced a new loyalty program and travel service as part of its partnership with Recruiter.com.

The SECFiling.com article further notes that Monaker Group’s ambitions don’t stop here, as the company’s management has plans to offer solutions for every challenge travelers face, with the goal of making the travel experience more seamless for every tourist using their services.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) and Recruiter.com Announce Launch of Custom Travel Rewards Club

December 1, 2016

Before the opening bell, Monaker Group, Inc. (OTCQB: MKGI) announced the launch of a new travel service and loyalty program as part of its ongoing partnership with Recruiter.com, a leading global recruiting service and job market technology platform. According to the news release, the new travel program, which will be available to qualified Recruiter.com members at no additional cost, is designed to give these individuals access to a variety of special member benefits, including discounted travel and vacation packages offering a “best price” promise, customizable options to build trips with friends and associates, complimentary flight insurance, access to fast pass visa and passport services and exclusive savings on luxury travel and experiences.

“Monaker is committed to integrating real-time vacation home rentals into the main stream travel sector,” Bill Kerby, chairman and chief executive officer of Monaker, stated in this morning’s news release. “To accomplish this with the Recruiter travel program, we have integrated the Monaker Booking Engine for our vacation home rentals along with partnering with ‘best of breed’ travel partners to deliver an exceptionally strong travel product and service offerings to Recruiter.com’s millions of business and leisure travelers in their addressable membership base.”

The new program also features a premium upgrade package, which is expected to provide a sustainable revenue source benefitting both Monaker and Recruiter.com moving forward. Features available through the premium package include concierge services, airport lounge access, baggage rebate, best rates on cruises and hotels, private medi-jet service, and great deals on vacation rentals not typically available to the public. For Monaker, the premium upgrade, as well as the free travel program, is expected to provide an “exceptionally strong channel” to deliver the company’s Maupintour travel services to a previously untapped market.

“The demographics of our members suggest they have high demand for both business and leisure travel,” Miles Jennings, chief executive officer of Recruiter.com, added in the news release. “As a known innovator in the employment arena, we saw the ability to be a first mover by delivering a specialized travel platform that offers value and convenience. Our partners at Monaker Group have helped develop an outstanding technology platform that bundles together an incredible array of travel services and products.”

In addition to demonstrating the synergies between the two parties, the new Recruiter.com travel program represents an opportunity for Monaker to increase its presence in the global travel market. Recruiter.com’s highly-engaged membership base features hundreds of high-profile clients and employers, including chief information officers, project managers, chief financial officers and chief marketing officers of companies operating around the globe. Additionally, the job market technology platform boasts a social media following of more than 2.8 million people.

Recruiter.com members can start taking advantage of the travel savings and member-only benefits offered through the innovative loyalty program today. To learn more, check out the new travel club at https://travel.recruiter.com.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Building Innovative Travel Products for Work and Play

November 30, 2016

For six decades, Monaker Group (OTCQB: MKGI) has catered to leisure travelers seeking to book “vacations of a lifetime” or find “travel made easy” options. Along the way, the company has gained the knowledge and experience to be considered an industry-leading, technology-driven travel company. Now, equipped with decades of experience and leveraging over 60 years of operation in leisure travel, Monaker is expanding its reach to business travel, using the full resources of its multiple brands and divisions to offer novel travel products to executives and professionals traveling for work.

Over the years, management has combined vital partnerships and established travel brands to form foundation stones that support Monaker’s corporate goal: to expand its offerings until it becomes the “one stop” vacation center.

NextTrip.com, an online marketplace for the alternative lodging rental (ALR) industry, is one of those key travel brands that Monaker has developed for the leisure traveler. With this flagship product, Monaker introduced to the ALR industry the first booking engine to feature alternative and specialty lodging (e.g. vacation home rentals, resort residences and unused timeshares) side by side with a wide selection of airlines, hotels, cruises, rental cars, destination tours/activities and concierge services. What’s more, all of NextTrip.com’s services are offered under a single platform that gives travel customers the power to choose exactly when they want to book their vacations.

Monaker is now extending that power to corporate travelers, starting with the development of a custom travel club offering for the members of Recruiter.com – an online global recruiting and career service with its own industry-leading technology platform. One of the most influential career sites around, Recruiter.com boasts of a highly engaged membership base and manages a social media following of more than 2.8 million people while matching top talent to top jobs. In April 2016, Monaker signed on to help it create the Recruiter.com Travel Club, a powerful new incentive to be added to the Recruiter.com Rewards Program and offered to the site’s current members and followers.

With this partnership, Recruiter.com is counting on Monaker offering its Travel Club members personalized travel and lifestyle offerings, including highly-discounted travel and vacation packages as well as special benefits such as concierge support, exclusive experiences and premium upgrades. Monaker, on the other hand, is counting on the partnership to open up another distribution line for its ALR inventory and other business and vacation travel products within its portfolio.

It has been seven months since Monaker and Recruiter formed their partnership and it is going well. In August, the companies expanded the terms of their initial agreement and Monaker became the exclusive provider of travel services to Recruiter.com. With this new title, Monaker gained a means to communicate directly with Recruiter’s broad list of customers, largely comprised of senior corporate executives. Now, on a weekly basis, a choice selection of Monaker’s travel products and services will be marketed to a list of approved members and their respective companies as well as other Recruiter.com followers, a development that gives Monaker and its platforms, inventory and travel products significant exposure to decision makers at over a million global companies.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Tapping into Fast-Growing $200 Billion Millennial Travel Market

November 29, 2016

The travel industry is growing exponentially, but must also be ready to become more flexible and make more changes to cater to the needs and requirements of the market segment currently driving its growth – the Millennials. This new generation of travelers has hit an average annual spending of $200 billion on tourism and travel, according to a FutureCast report titled ‘Millennial Brief on Travel & Lodging’ (http://dtn.fm/Rf12j). The figure is the largest average the tourism industry has ever seen, a trend that’s likely to be maintained, provided that the industry’s operators are able to meet the needs of this group of tourists.

Having reached adulthood in the 2000s, at the peak of the Internet age, it is no wonder that Millennials thoroughly research their options and destinations when making travel plans. According to the FutureCast report, Millennial tourists check an average of 10 sources before they make a travel purchase. This habit is also a result of this group of travelers’ collective desire to experience something utterly new and unique on their trips. Perhaps more than any other generations, Millennials are primarily interested in new, personalized experiences on their travels rather than just relaxing or sightseeing, with nine out of ten in agreement.

Additionally, 70 percent of Millennials are interested in exploring the communities they visit during their vacations in order to learn something new about them, mingle with them and experience life as they would. This also reflects their lodging preferences, with more and more Millennials opting for alternative lodging rental units when they travel instead of more traditional solutions such as hotels. It is no surprise that a growing number of Millennials use online platforms such as Airbnb or Booking.com to research their lodging options and make a booking before they travel.

Monaker Group, Inc. (OTCQB: MKGI), a technology-driven tourism company offering comprehensive travel solutions and personalized tours, is ready to tap into this fast-growing travel market segment by offering not only an impressive portfolio of alternative lodging rental units but also access to full-service tours to hundreds of destinations around the world.

The group currently has a portfolio of more than 1.1 million alternative lodging rental units available under its NextTrip Resorts platform, and it is currently in the process of adding more than 200,000 timeshare and resort units by the end of the year. Via its flagship NextTrip.com platform, Monaker allows tourists to plan their trips to the smallest details by offering them access to a wealth of alternative lodging options, such as unused timeshare inventory, resort residences and vacation home rentals, as well as a wide range of hotels, rental cars, tours, airlines, concierge services and more.

The platform, launched in February 2016, has grown exponentially, being the only real-time booking engine that combines various booking options to meet tourists’ every need. With Millennials’ influence on the travel industry set to expand further over the coming years as this population segment continues to grow, full-service booking platforms such as NextTrip.com are likely to become an increasingly important part of the industry.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Set to Capitalize on This Year’s Thanksgiving Celebrations

November 17, 2016

This Thanksgiving, AAA, North America’s largest motoring and leisure travel organization, is expecting over one million more Americans to travel. According to the company’s 2016 Thanksgiving Holiday Travel Forecast, there will be more than 48.7 million travelers, marking the highest Thanksgiving holiday travel volume since 2007.

Travel has gone up 1.9% this year alone, leading to a 29% increase of travelers during Thanksgiving over the past eight years. According to the report and its attached infographic, 89.4% of people will be traveling by car, a 12.5% increase from the 2001 to 2015 average. In addition, air travel has risen 10% above the 2010 post-recession rebound year, and other modes of travel are also expected to increase by just under 1%.

But why are people suddenly choosing to splash their cash this Thanksgiving? The answer is simple: steady economic growth and low gas prices. According to the Albany Herald (http://dtn.fm/x5CX5), AAA officials estimate that low gas prices have saved drivers a huge $28 billion this calendar year alone. Forecasts also show an increase in consumer spending of 4.2%, with a rise in personal income of 3.4% and a 2.3% increase in disposable income. Not only this, real GDP is expected to increase by 1.6% over last year’s figure, and unemployment is expected to drop by just under 5%.

An article on the AAA Newsroom (http://dtn.fm/Z1kfO) predicts travelers top ten travel destinations to be Las Vegas, San Francisco, San Diego, Orlando, New York City, New Orleans, Anaheim, Fort Lauderdale, Philadelphia, and Seattle, many of which appear in the featured cities list of NextTrip, the flagship company of Monaker Group (OTCQB: MKGI).

Monaker Group, a technology-driven travel company, works through NextTrip, a real-time booking engine that offers consumers the chance to book every aspect of their trips, all in one place. The company offers a choice of alternative lodging in a number of locations around the world. MKGI works with a number of airlines, cruise lines, hotels, tour operators, car rentals, and concierge services, allowing holidaymakers to plan their entire trips from the comfort of the NextTrip travel planner.

This NextTrip booking system gives consumers the power of choice while allowing them to make informed decisions right from their homes. Thanks to key partnerships with well-established travel brands, Monaker aims to become the one-stop-shop for vacationers across the U.S and around the globe.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) – A Growing Presence in Alternative Lodging Rental Market

November 11, 2016

The alternative lodging rental market is maturing quickly, being one of the fastest growing verticals in the travel industry over the last few years. Already believed to be worth more than $100 billion worldwide, the sector continues to expand rapidly as more and more vacation rentals companies are joining the game alongside the now-famous HomeAway, Booking.com and Airbnb. Monaker Group, Inc. (OTCQB: MKGI), a technology-driven travel group that offers comprehensive tourism solutions and personalized tours, already maintains an important presence in the alternative lodging market, with a portfolio of more than one million rental units available.

The vacation rental market began expanding more quickly in the Internet era, starting with booking site VRBO, which was set up back in 1996 by a Colorado couple. The business was acquired by HomeAway in 2006 and became the dominant vacation rental listings hub. In 2015, HomeAway was purchased by Expedia (NASDAQ: EXPE) for $3.9 billion, a move that consolidated Expedia’s position as one of the largest online travel agents (OTA) operating at the moment. According to Expedia CEO Dara Khosrowshahi, the alternative lodging rental segment has become a major part of Expedia’s business, now having more than one million bookable listings available. The number continues to grow at a fast rate of over 20 percent, Khosrowshahi said.

Another major OTA, Priceline (NASDAQ: PCLN) occupies a good portion of the vacation rentals market through Booking.com listings. Booking.com now has about half a million instantly bookable vacation rental properties, which is almost 40 percent higher than in 2015. The approximately 1 million total properties listed on the website make for approximately 23.7 million bookable rooms, 7.3 million of which are in apartments, homes or villas, while the rest are in traditional hotels.

Capitalizing on a global trend of tourists looking for more personalized experiences wherever they travel, the vacation rental market is expected to grow significantly over the next few years, likely reaching $170 billion by 2019. Most of this growth is owed to Europe and the U.S., where the alternative lodging model is highly popular, according to a Research and Markets report (http://dtn.fm/mUT1g). Approximately 24 percent of travelers have opted for alternative lodging during the past two years, while roughly 47 percent are interested in staying at a vacation rental unit in the near future. In the U.S. in 2015, one in three tourists stayed in a private accommodation, which marks a significant change from 2011, when only one in ten Americans used alternative lodging.

With a portfolio of more than 1.1 million alternative lodging rental units available under its NextTrip Resorts platform, and currently in the process of adding more than 200,000 timeshare and resort units by the end of the year, Monaker Group is poised to establish a growing presence in the global vacation rentals market. The group owns several travel-related businesses, but its flagship is undoubtedly NextTrip.com, which allows tourists to plan their trips to the smallest details by offering them access to a wealth of alternative lodging options such as vacation home rentals, resort residences and unused timeshare inventory, all alongside a wide range of hotels, tours, rental cars, airlines, concierge services and more. The platform, launched in February 2016, has grown exponentially, being the first and only real-time booking engine that combines various booking options to meet tourists’ every need.

To further support the vacation rental market, Monaker Group this summer launched a Premium Service for alternative lodging owners, aimed at helping them compete against major travel industry suppliers, including hotels, car rental companies and airlines. The service offers various tools and features that will give homeowners real-time booking capabilities, the ability to update property pricing daily so as to better reflect the market conditions, and other benefits.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Contributing to Iceland’s Tourism Industry

November 2, 2016

According to Vox.com (http://dtn.fm/P0hY8), Iceland didn’t become a tourist destination until the late 40’s, averaging only 5,300 people from around the globe visiting each year. By the late 90’s, this number grew to more than 200,000 tourists, a number that steadied until 2011, when things changed.

Between 2011 and 2016, the number of foreign visitors to the country exploded, reaching a huge 1.6 million. Not only this, tourist numbers in Iceland are expected to reach two million by the end of 2016. With outlets across the globe promoting Iceland as “a must see destination”, it is no surprise that the number of tourists in Iceland from the U.S. alone now outweighs that of Iceland’s population.

According to a report published by Kayak (http://dtn.fm/qY9fH), there has been a 65% increase in searches for Iceland hotels and flights, particularly in the time surrounding New Year’s vacations. But, in a country that gets bone-chilling cold in winter, with only four hours of daylight, why are so many U.S. tourists choosing Iceland as their holiday destination?

It all started with the island’s volcanic explosion in 2010. The news made headlines, which allowed for positive campaigns to be distributed about the country. Later, a new budget airline called WOW started offering European and North American flights for less than a third of the original price.

This was quickly followed by positive press labeling Iceland as being one of the safest countries in Europe thanks to its lack of terrorist threats. And, finally, Iceland is the perfect country for the Instagram generation today, who see Iceland on social media sites and view it’s sometimes out-of-this-world terrain as if it were Mars.

As a result of this current increase in Iceland’s popularity, travel and tourism companies worldwide are making the country more accessible, and this includes Monaker Group’s (OTCQB: MKGI) Maupintour, the oldest tour operator in the United States. Maupintour believes in helping others experience the wonders of our world and the delights of traveling through highly customized private tours.

The company now offers tours to every continent, with trips varying from one to two weeks. The Maupintour Iceland tour is set over the space of eight days and is called the Fire and Ice Tour. It includes luxury accommodation, private tours of both the cities and the natural parts of the country, a tour of the Northern lights, and private transfers between all locations.

For more information, visit www.MonakerGroup.com

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Travel on 195 NextTrips with Monaker Group (MKGI)

October 26, 2016

A journey of a thousand miles, it has been said, begins with one step. That is as true today as it was 2,600 years ago when the venerable Chinese sage Lao-Tzu, to whom the saying is attributed, lived. Today, however, that thousand mile journey can also start with a single click, along with a little help from Monaker Group, Inc. (OTCQB: MKGI) and its flagship NextTrip platform. From that portal, the spirited adventurer can take his or her next trip to any one of 195 countries around the world.

Starting with that first click, users can begin their physical journey with a visual one on the NextTrip platform. There, the tormented soul driven by wanderlust or the holiday maker just getting away for a week or two will discover the world through a stimulating collection of videos on various destinations and tour packages. The site features videos on leading global cities like Bangkok, Cape Town, Dubai, Istanbul and Vienna, as well as the world’s five “gateway” cities: Hong Kong, London, Paris, New York City and Singapore. Since would-be travelers are increasingly using video content to make decisions about vacations, Monaker has compiled an extensive media library that has since become one of the company’s most valuable digital assets.

Back in October 2015, Monaker acquired the large and very popular global vacation rental platform, AlwaysOnVacation, which had, at that time, a listing of 65,000 properties in 120 countries. Vacation rental, which includes alternative lodging rentals, is one of the fastest growing segments of the travel market. With AlwaysOnVacation, Monaker also acquired relationships with 60 affiliated partner websites that are making its offerings available in 16 languages to around 700,000 subscribers worldwide.

The AlwaysOnVacation properties are part ‘of close to 1.2 million homes’ that Monaker has ‘under contract’, part of its strategy of cultivating ‘significant partnerships for accessing inventory’. As CEO Bill Kerby has pointed out, inventory of that size would make Monaker as big as HomeAway, which was acquired by Expedia (NASDAQ: EXPE) in December 2015 for $3.9 billion.

Monaker’s travel assets now include Maupintour, with over 65 years in tour-guided vacations; Voyage.TV, with its thousands of hours of travel footage shot in over 30 countries around the world; AlwayOnVacation, with its 250,000 listed properties; and NextTrip.com.

NextTrip is traveling in areas left uncharted by AirBnB, HomeAway, Priceline (NASDAQ: PCLN) and FlipKey by offering both proprietary and partner-held alternative lodging accommodation. The platform also offers traditional hotel accommodation, timeshare and resort inventory, real-time booking, a bidding platform, video content, car rentals, cruise packages, tours, airline bookings, and access to real live travel agents. It may be time for investors to take that first step and begin the journey with Monaker.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Helping Consumers Seeking a Rapid and Personalized Travel Planning Experience

October 20, 2016

According to PSFK’s founder and editor-in-chief, Piers Fawkes (http://dtn.fm/Z7pRQ), “Travelers today are looking for an intuitive, rapid and personalized experience. They understand the trail of contextual data that surrounds them and they expect the smartest travel brands to leverage those data to serve them appropriately.” This is made more obvious by the fact that smaller companies are struggling to fully capitalize on the increasingly connected world we live in.

With Americans spending approximately $814 billion on domestic travel in 2015, according to the U.S. Travel Association (http://dtn.fm/52hVA), it is no wonder they are also investing a lot of time in planning these trips. But with advancements in technology, consumers are looking for a more unique and personalized but also more rapid travel planning experience.

CEO of the online fare aggregator Kayak, Steve Hafner, believes technologies are now changing how travelers book their holidays, saying that customers’ booking experiences will be less point-and-click websites, and more spoken word and chat bots. In an interview with CNBC’s On The Money (http://dtn.fm/uyN4x), he stated, “What we’re seeing is there’s a whole generation of people who are more familiar with text messaging and voice via Siri who are looking for a different interaction with an online travel agency.” Consumers have a need for more rapid, personalized, and mobile booking experiences, requiring companies to build more intelligent systems that offer a modern and on-the-go way for people to book their trips.

An example is Monaker Group’s (OTCQB: MKGI) NextTrip.com, a real-time booking engine that offers customers the opportunity to book various types of accommodation as well as flights, car rentals, tours, and more. NextTrip.com provides an all-in-one travel planner for every aspect of a person’s trip. The NextTrip planner enables travelers and holidaymakers to choose from some eight million trip ideas, and it gives users the opportunity to import bookings to one place on their mobile devices; discover a variety of nearby hotels, bars, and restaurants; save and attach important links to their devices; and collect travel money to split travel costs among friends and family. The free travel planner is an all-inclusive platform that is mobile friendly and allows consumers to book and save information about their trips, no matter where they are in the world.

For more information, visit www.MonakerGroup.com

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Monaker Group’s (MKGI) Maupintour, an Active Presence on Fast-Growing Luxury Travel Market

October 14, 2016

The luxury travel market has been growing faster than overall travel in recent years, fueled by global consumers’ increasing tendencies to spend their income on life experiences rather than material goods. The trend is likely to continue over the next decade, with new business opportunities and challenges for leading providers of luxury tours such as Monaker Group, Inc.’s (OTCQB: MKGI) Maupintour.

Luxury travel had a compound annual growth rate of 4.5% between 2011 and 2015, and this growth is likely to continue at an even faster rate over the next decade. It is expected that luxury trips (http://dtn.fm/l2C0D) will grow at a compound annual growth rate of 6.2% through 2025, while overall travel will grow at a rate of 4.8%. The main catalyst for this growth is consumers’ general desire for more rewarding experiences achieved via travel, therefore leading to improved tourism industry standards and services.

It is worth noting that nowadays, the definition of luxury travel is less strict than before, relating more to personalized experiences and top notch services rather than the outdated image of sipping martinis by the pool or simply going on a luxury cruise to exotic destinations. The idea of excitement and the promise of unique experiences are essential to luxury tourism nowadays, while the desire for high-quality service and exclusive privacy and security remains a significant component.

North America and Western Europe are still the most popular destinations for luxury travelers, accounting for 64% of worldwide outbound luxury trips. However, the Asia Pacific luxury market is growing at an accelerated rate, outpacing the overall growth of the European market. India’s luxury travel market is also growing fast, with a compound annual growth rate of 13%.

All of these destinations are currently included on the list of luxury tours offered by Maupintour, a company with 65 years of experience in offering luxury and customizable private tours to the best destinations in the world. Some of the top luxury tours on the company’s roster this fall include a 9-day tour of traditional Christmas markets – Austria and Germany, a 12-day tour of China’s top tourist and historic sites, and a 10-day tour of Athens and the Greek Islands.

Since it was founded by Tom Maupin in Lawrence, Kansas, Maupintour has built a name for itself as an innovative, forward-thinking travel company with a reputation for creating unique, outstanding itineraries. In 1956, it was the first company to organize tours to the Soviet Union after World War II. Maupintour’s commitment to its core principles and traditions of leadership, variety, quality, value, service and fulfilling all its travelers’ dreams have made it a leading provider of luxury travel services with the highest repeat customer rate in the industry.

Maupintour is just one of the travel-focused companies currently owned by Monaker Group. The group’s flagship is NextTrip.com, a real-time booking platform that allows travelers access to both alternative lodging rentals and traditional hotel accommodation, as well as to other travel services such as airline booking or car rentals.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Expands Ecosystem by Making API Available to Online Travel Agencies

October 7, 2016

Recently, Monaker Group, Inc. (OTCQB: MKGI), a technology-driven travel company focused on the alternative lodging rental (ALR) market, announced the launch of the Monaker Booking Engine (MBE) and the completion of the Application Program Interface (API) to the MBE. These developments further advance Monaker’s foray into the fastest growing sector of the travel market, alternative lodging rental, which is expected to reach $169 billion by 2019.

With the MBE, Online Travel Agencies (OTAs) will be able to access Monaker’s vast inventory of alternative lodging, timeshares and resort accommodation. Through the API they can go further. Having access to Monaker’s API gives OTAs, tour operators, airlines and cruise originators the ability to build their own apps and sites based on the Monaker databases and libraries. By setting up an API, Monaker is preparing fertile ground for a community to grow around its mission statement of “Travel Made Easy”.

An API is essentially a set of standardized requests designed for a particular program. An API’s protocols tell a software developer the proper way to request a service, such as printing a document, from the program. An API covers the middle ground between software that can only be accessed by the one who wrote it and software with source code that has been made public.

An entertaining piece in a January 2000 issue of Computerworld magazine (http://dtn.fm/rJPZ1) explains APIs by drawing similarities to gaining access to your neighbors’ lawn mowing services if your lawn mower broke down. It’s useless even considering the first of three neighbors, Closed Carl. A high wall with no gate protects his lawn mower so there’s no way of getting to him to even broach the subject. ‘An application like Closed Carl exposes no source code or APIs.’

At the other extreme is Open Oscar. You can enter his yard and borrow his mower without even asking him first. You can, also, alter the mower to suit your tastes by, perhaps, installing a beer cooler on it. ‘An application like Open Oscar has open source code, giving you free reign if you want it.’

The newest neighbor, API Annie, is nice too. You can borrow her mower provided you ask, but, aware of your mechanical prowess, she has asked you not to ‘improve’ her lawn mower. With an application like API Annie, you have access to mowing services, but the lawn mower is off limits.

APIs have the potential to rapidly develop support systems for an enterprise that boost its growth. The first company to capitalize on their potential was Salesforce (NYSE: CRM) when it launched its platform API on February 7, 2000, just about a year into its inception, according to the History of APIs (http://dtn.fm/8OWAy). That API strategy is partly responsible for the company’s present market cap of $48 billion.

Other industry titans subsequently embarked on the API adventure. In June 2005, the Google (NASDAQ: GOOG; GOOGL) Maps API made its appearance. And in 2006, Facebook (NASDAQ: FB), Twitter (NYSE: TWTR) and Amazon (NASDAQ: AMZN) launched their APIs. The ecommerce giant’s API portal is called Amazon Web Services.

Just like these successful companies have, Monaker aims to build a healthy ecosystem around its MBE and NextTrip platform. NextTrip is an intuitive, fully comprehensive booking platform for hotels, resorts, vacation rental homes, timeshare rentals, airlines, cruises, tours & land packages, and rental cars. Apart from NextTrip, Monaker’s travel assets now include Maupintour, with over 65 years in tour-guided vacations; Voyage.TV, with its thousands of hours of travel footage shot in over 30 countries around the world; and AlwayOnVacation, with its 250,000 listed properties. With the launch of its API, Monaker is poised for a further stage of development.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Embracing the New Sharing Economy

September 28, 2016

The travel and hospitality industry is changing, with companies worldwide attempting to strengthen their positions within the industry by increasing consolidations, examples being hotels such as Marriott (NASDAQ: MAR), AccorHotels, and others. At the same time, other companies are focusing less on consolidation and more on incorporating new business models that meet consumer needs.

One growing area in the industry is the concept of sharing, facilitated by the efficient processing of business and consumer communication. Companies such as Airbnb, OpenTable, and Uber are focused on helping customers find what they need rather than offering their own brick and mortar facilities or other physical assets.

Next year is expected to be a growth year for this new sharing economy. The concept is simple: instead of having excess supply and/or demand, the sharing economy aims to keep supply and demand in balance. Companies worldwide will provide as much as the consumer needs when he/she needs it, with an emphasis on convenience. New business models ensure that the experience is as convenient as possible for the consumer. They are referred to as ‘market-makers’, because they control both supply and demand, which in turn has created a major move toward convenience that has been lacking in the industry.

To generate this cost and market effectiveness that is convenient for the consumer, companies are required to partner with the customer. The customer wants to be connected to his/her experience. Partnering with the customer means connecting with the customer. This not only allows the customer to participate in the design of his/her experience but also enables the companies to gather more feedback, which in turn can be shared with other customers.

Monaker Group, Inc. (OTCQB: MKGI), a technology-driven travel company, offers travel solutions to every demographic through its booking engine, NextTrip.com. Through NextTrip, customers are able to choose from a range of transport options, accommodations, tours, and much more. Monaker has incorporated itself within the new sharing economy, where guests are able to make decisions based on their demographic, holiday requirements, time preferences, and, thanks to social media, other people’s experiences.

For more information, visit www.MonakerGroup.com

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Airbnb’s Fundraising Reveals Welcome Mat for Monaker Group, Inc. (MKGI)

September 27, 2016

In the relatively short eight years since Airbnb was founded, the San Francisco-based company has connected more than 60 million guests with over two million accommodation listings around the world. Today, Airbnb holds an enviable position as the bellwether of the community marketplace, underwritten by a $30 billion valuation that demonstrates the incredible investor and consumer appetite for the home-sharing market.

Airbnb recently filed a Form D with the U.S. Securities and Exchange Commission, announcing an equity deal in which the company raised approximately $555 million. This is likely part of the ongoing $850 million Series F round, as reported by Equidate (http://dtn.fm/s3imF), and brings Airbnb’s total fundraising to more than $3 billion.

What this means for small-cap travel booking company Monaker Group, Inc. (OTCQB: MKGI) is that the investment community knows there is plenty demand to go around. Not only has Monaker developed a one-of-a-kind booking engine for lodging options, its model includes travel and entertainment booking features that should be turning heads in the investment community.

According to a draft prospectus filed with the SEC (http://dtn.fm/ZDj1b), Monaker is accelerating its corporate action and has initiated the process seeking to uplist shares of its common stock to the NYSE Market.

Headquartered in Weston, Florida, Monaker Group is digging its heels into the alternative lodging market (vacation home rentals, resort residences and unused timeshare inventory). As evidenced by the diversity of Airbnb’s listings – which include castles and villas – this puts Monaker in exactly the right spot to cater to consumers looking beyond hotel rooms for economical and unique accommodations.

The company’s flagship brand is NextTrip.com, the first and only real-time booking engine that features alternative lodging, as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. While its model greatly differs from its competitors in this respect, NextTrip also offers the ability to book in real-time – which means no more waiting for home owners to respond – and employs a B2B solution for the larger Online Travel Agencies (OTAs) and lodging bookers that until now have been unable to access inventory.

These features are offered in a single, easy-to-use platform that gives users access to vacation rental inventory in desirable locations in the U.S., the EU and the Caribbean.

In addition to its existing inventory, Monaker has roughly one million additional alternative lodging units under contract that are set to be added to its platform. In terms of available listings, the additional inventory should easily place NextTrip among the top three largest vacation rental inventories and rival industry peers – along with Airbnb and HomeAway.

Monaker is also tapping into business travel, and recently expanded its initial agreement with Recruiter.com to offer travel products and services to Recruiter’s list of more than three million customers, many of which are senior corporate executives. Monaker expects the deal to provide “meaningful exposure” to decision makers at roughly one million companies worldwide.

Demonstrated by Airbnb’s ability to raise billions of dollars and build confidence in a relatively young industry, the market is ripe and welcoming for Monaker and its ability to deliver innovations that add a new dynamic to the existing home-sharing model.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Aims High with Blended Travel Solutions

September 26, 2016

Monaker Group, Inc. (OTCQB: MKGI) is committed to building innovative, travel-focused companies that bring unique products and services to the marketplace. As parent company to a group of diverse and exciting brands and divisions, Monaker’s travel solutions are used by varied demographics. Plus, with key partnerships and established travel brands as its cornerstones, the company continues to pursue its mission of expanding its offerings to become the “one stop” vacation center.

Monaker is a leader within the world of travel. With more than six decades of experience and operation in leisure travel, the Florida-based company continues to offer technologically-driven travel solutions across borders. Within the industry, Monaker is well known for developing the first comprehensive platform to feature real-time alternative lodging booking functionality.

Monaker’s flagship platform, NextTrip.com, delivers this functionality and more. With NextTrip.com, consumers have access to a real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshares) and a wide array of flights, hotels, cruises, rental cars, tours and concierge services, all of which are unified under one platform that gives customers the power to choose as they see fit when booking their vacations.

In the summer of 2016, Monaker stepped up its list of offerings by introducing a premium service that will allow it to tap into the fast-growing alternative lodging market even further. Earlier this year, a Research and Markets report estimated that the international vacation rental market will reach $170 billion by 2019, and Monaker is taking steps to pursue a portion of this market with its new service. Monaker’s premium service is designed to give property owners a chance to increase their booking revenue by close to 50% while reducing how much time they need to manage their properties by about 10 hours per week. Lots of property owners around the world are constantly seeking a more practical, more convenient way to post their vacation rental properties as alternative lodgings, and Monaker is now offering them that option. At the same time, the new premium service should bring more property listings to Monaker’s alternative lodging portfolio.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Encouraging 2016 Family Travel Trends

September 15, 2016

For many Americans, this has been a year for saving, with over 50% of U.S. citizens choosing saving money as their primary goal, rather than exercising more, eating healthier, or losing weight. According to an American Express press release (http://dtn.fm/Lb9DD), people in the U.S. are aiming to set aside an average of over $15,000 this year, a large increase over 2015.

In addition, more Americans today plan to save in order to spend on experiences such as travel. Approximately 70% of Americans plan to travel for leisure, versus 66% in 2015. U.S. citizens want to maximize their vacation time this year, and, according to an article at Parenting.com (http://dtn.fm/C4kMG), “family trips are one of the fastest-growing segments of the tourism industry, and despite the fact that the average vacation in the United States costs $4,580 for a family of four, parents are willing to spend that money on something they feel is important to their family.”

The article highlights key traveling family trends for 2016. First, families are traveling with friends and/or family. This has been put down to the fact that the millennial generation, starting families, is beginning to value experiences more than just material possessions. People are booking holidays with extended family in order to share new experiences. Instead of young parents taking their kids to their grandparents’ homes, there has been a significant shift toward family destination visits.

Secondly, family holidays are not limited to summer vacations. Thanks to the flexibility of people’s jobs today, parents are able to take time off from work knowing they can keep on track of their careers remotely, via the Internet. Without the limitations of a brick and mortar facility, families are able to travel for longer periods of time.

Thirdly, spontaneous travel is no longer just for the rich and famous. The Internet provides quick and easy travel planning for people of all demographics. Last minute hotel deals, car rentals, flights, and so on are all available at the click of a button. Not only is it affordable; it’s easy. In addition to this, travel companies worldwide now promote last minute holiday deals for thousands of destinations.

Finally, options for accommodation are growing. Motels are not the only affordable option out there anymore. The combination of new booking platforms, timeshares, resorts, and other innovative options has made family accommodation increasingly comfortable and something people now look forward to. Many families now opt for full homes for their holidays so that they can take advantage of the greater space, comfort, and ability to cook affordable meals.

The technology-driven travel company Monaker Group (OTCQB: MKGI) offers all of the above to traveling families. The company’s real-time booking engine features a creative range of alternative lodging such as resorts, villas, hotels, homes, and more. In addition to this, families are able to book car rentals, flights, tours, and concierge services, allowing them to fully enjoy their vacation rather than losing time planning when they arrive at their destination. The company offers its services around the world, with listings growing every year thanks to its growing list of partnerships and acquisitions.

For more information, visit www.MonakerGroup.com

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Monaker Group’s (MKGI) NextTrip Platform Destinations in Line with U.S. Travel Trends this Fall

September 9, 2016

Americans’ travel habits and destinations are changing, as this fall’s trends show a significant increase among alternative destinations such as Cuba and South Africa, according to a recent survey (http://nnw.fm/lNf8N) by leading travel insurance comparison site Squaremouth. The changes are largely due to U.S. tourists’ growing concerns about terrorism, which have led to a major drop in the number of booked trips to Turkey amid the country’s unrest and terror attacks in recent months. The Zika virus, however, does not seem to be a major cause for concern, despite a wave of alerts from the Centers for Disease Control, as Americans are still traveling to affected destinations.

The most popular international destination this fall remains Italy, while South Africa has reported the highest growth in the list of 20 most popular places to visit since last year. With Monaker Group, Inc.’s (OTCQB: MKGI) NextTrip.com, the only real-time booking platform that allows travelers access to alternative lodging rentals as well as traditional hotel accommodations, airline booking services, car rentals and more, it is easier than ever to plan a trip with your friends or family in any of this fall’s top five destinations.

Italy has grown 25 percent in popularity since last year, still topping the list of most sought-after travel destinations, according to travel insurance data compiled by Squaremouth. Two other European countries, Spain and France, also made the list of the five most popular destinations. In the wake of recent terror attacks, most notably those in Paris last November and in Nice this July, France has dropped to the fourth position, with 3.9 percent fewer travelers, while Spain has climbed to the third position with an impressive 73 percent boost in traveler numbers. Once a popular vacation spot, Turkey has seen an 80 percent drop in the number of American tourists following political unrest and an attempted coup in the country this summer, as well as recent terror attacks. The changes are not much of a surprise, given that a growing number of American travel insurance customers are specifically looking to get terrorism coverage when buying a policy. The Squaremouth survey showed that 127 percent more customers are interested in getting this type of coverage now before going on a trip.

The second most popular international destination after Italy is Mexico, with 23 percent more tourists planning to go there this fall. The country actually tops the list of Zika-affected destinations as well, although it was one of the first tourism spots to receive a CDC alert. Other top destinations with Zika virus include the Bahamas, with an overall 25 percent increase compared to last year, as well as Costa Rica and Peru. Cuba, however, has reported the highest growth, with an impressive 149 percent increase in Americans booking insurance for trips to the country despite the Zika virus. This is largely due to the fact that several U.S. commercial airlines are beginning flights to the region for the first time this fall.

The fifth most popular international destination this fall is Canada, with a 32 percent hike in the number of tourists. Other highly popular vacation spots include Japan, Portugal, Australia, and, most notably, South Africa, which has seen a remarkable 80 percent rise in travelers since last year, the highest growth among the top 20 most popular destinations.

NextTrip.com from Monaker Group allows travelers to thoroughly plan their trips to nearly all of these destinations, offering them access to alternative lodging options such as vacation home rentals, unused timeshare inventory and resort residences, alongside a wide range of hotels, airlines, cruises, tours, rental cars and concierge services. Almost all of the aspects of a trip can be arranged through the platform, which is currently the first and only real-time booking engine that combines multiple booking solutions to meet travelers’ needs. Due to its complexity and integrated approach, the platform has grown exponentially since its launch in February 2016 and currently comprises more than 250,000 vacation rental units, with one million alternative lodging units under Monaker contract to be added.

For more information, visit www.MonakerGroup.com

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Monaker Group (MKGI) Gains Exposure to more than 1 Million Companies Worldwide

August 31, 2016

Monaker Group (OTCQB: MKGI), a technology-driven travel company focused on the alternative lodging rental (ALR) market, this morning announced that it has expanded its initial, previously announced agreement with Recruiter.com.

Under the new agreement, Monaker is now the exclusive provider of travel services to Recruiter.com. The new agreement includes weekly marketing access for select Monaker travel products and services to Recruiter’s customer base of more than 3 million customers, many of which are senior corporate executives. The company said that the approved members, followers, and their respective companies should give Monaker and all its travel related products and inventory meaningful exposure to the decision makers at over 1 million companies worldwide.

Monaker will offer travel products and services, including ALR rentals for short-term business travel, along with temporary relocation needs, concierge services for executives, convention travel assistance, and vacation travel needs.

“This agreement and partnership will allow us to distinguish ourselves in the industry by supporting our clients and followers with needed travel products like premium home rentals and concierge services assisting them in business travel,” Miles Jennings, chief executive officer at Recruiter.com, stated in the news release.

Monaker chairman and Chief Executive Officer Bill Kerby added that the extended agreement opens doors for enhanced communication with industry decision makers.

“Broadening the agreement with Recruiter.com provides Monaker a great marketing tool for awareness of our platforms, inventory and travel products. This allows us a means to communicate and access key decision makers with our relevant and real-time alternative lodging solutions and services for business and vacation travel,” he said.

For more information, visit www.MonakerGroup.com

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How Monaker Group, Inc. (MKGI) is Helping Define the Future of Creative Travel

The travel and tourist industry is one of the largest industries in the world, with a global annual contribution in the trillions of dollars according to Statista (http://nnw.fm/xQ1DT). Solely considering international travel, there are over a billion international tourist arrivals worldwide each year.  People book their accommodation according to price, ratings, previous experiences, and other parameters, and the type of travel varies widely, from high-end to low.

This leads us to the topic of backpacking. Backpacking was often considered a form of hiking or camping holiday. Today, it is one of the trendiest ways to travel among people of all ages. With this rising trend comes the advent of new forms of backpacking such as “flashpacking” and “poshpacking.” These terms are used for the more affluent backpackers who do not necessarily need to travel on a small budget but still choose the freedom attached to this form of travel.

Thanks to the evolution of technology, more and more people are traveling light without having to give up comfort. The world of the digital nomad is here and the travel industry is gearing up to capitalize on these emerging trends. In recent years, companies have increased the technological interaction with their consumers making everything more accessible online.

Aside from the rise of technology, different levels of backpacking have become more accessible thanks to the introduction of cheaper flights, trains, buses, hotels, hostels and dining opportunities. These are marketed online to budget travelers and often include the option to make all-inclusive bookings through one platform. To the new-age flashpacker, it’s becoming a way of life. Travelers today are not isolated. They are followed by a digital world full of tools.

According to The Future of Backpacking by Ferda Van Vaals (http://nnw.fm/zkmS4), some of the new characteristics expected by 2030 include infrastructure expansion, greater tourist mobility, and growing global tourism and destinations. In other words, the world will continue to become more accessible, and more people will value experience rather than just material possessions.

Who makes such expanding ease of travel possible? Today there are thousands of travel agencies, both online and in-shop, in millions of locations. Online travel agencies are making travel more accessible thanks to the options to book flights, accommodation, and other factors through the Internet. However, backpackers today want more. Travel agencies are reigning in and offering all-inclusive booking facilities online, making the booking process, easier, quicker and often cheaper.

Monaker Group, Inc. (OTCQB: MKGI) is a technology travel company on the leading edge of these ever-changing holiday booking trends. The company is made up of multiple divisions and brands offering a real-time booking engine featuring a wider and creative range of lodgings for a variety of backpackers, flashpackers, and holiday makers. In addition to this, the company allows consumers to book from an array of airlines, hotels, cruises, rental cars, tours, and much more.

The company’s flagship brand, NextTrip.com, is the industry’s first and only real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshare inventory), as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. These features are combined into a single, easy-to-use platform that gives travelers complete real-time control when planning and booking their vacations.

Most NextTrip listings are in desirable locations in the U.S., the EU and the Caribbean with about 20% exclusive listings, and the company anticipates rapid exclusive listing growth because of its competitive edge, proprietary solutions, and interest in strategic partnerships and acquisitions, in addition to new travel trends.

The company recently launched its own Monaker Booking Engine and Premium Service for property owners, opening its offerings up to an even broader variety of consumers.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Set to Expand Industry Partnerships with Launch of Monaker Booking Engine

August 24, 2016

Before the opening bell, Monaker Group, Inc. (OTCQB: MKGI) announced completion of the design, architecture and buildout of its Application Program Interface (“API”) and the corresponding launch of its Monaker Booking Engine (“MBE”). This announcement marks a key milestone in the company’s efforts to develop a sustainable foothold in the rapidly growing alternative lodging space, as the completed API and MBE will allow Monaker to work toward partnering with large, established online travel agencies, tour operators, airlines and cruise originators to offer its sizable inventory in a real-time booking format. This real-time booking format is key to the company’s future growth, as the vast majority of alternative lodging firms still rely on the less convenient request/response approach to booking, which slows down the rental process.

“The completion of the MBE and API is an important milestone for the Company and our large inventory can now be distributed to our interested partners in the Alternative Lodging industry,” Bill Kerby, chairman and chief executive officer of Monaker, stated in this morning’s news release. “I’m very pleased with the functionality of the MBE and initial discussions with potential partners has suggested their desire to find a true ‘Plug and Play’ solution. We believe we can now uniquely provide this for the growing travel space.”

With the launch of the MBE, Monaker will look to add several large travel industry partners in the coming months. These partnerships will play a key role in the company’s efforts to expand distribution for its growing inventory of alternative lodging rental units. In a shareholder update issued in early June, Monaker reported an impressive 1.1 million alternative lodging rental units under contract and outlined plans to add more than 200,000 additional timeshare or resort units to its NextTrip Resorts platform by the end of this year.

Monaker has remained committed to developing a better approach to the alternative lodging space. Just last week, the company announced the launch of a premium service for its property owners. Leaning on its deep expertise in inventory acquisition, reservations services, technology and distribution, Monaker suggests that property owners who take advantage of its premium service could see an increase of nearly 50 percent in booking revenues while reducing the time required to manage their properties by 10 hours per week. Additionally, leveraging the company’s proprietary platform architecture and partnerships, premium service listings are positioned on up to 50 major global booking platforms in multiple languages worldwide.

With the completion of its API and MBE and the recent launch of its premium service for property owners, Monaker is differentiating itself in the global vacation rental market, which is expected to reach $169.7 billion by 2019, according to Research and Markets. Kerby reiterated management’s optimism regarding the company’s short-term growth prospects to close out this morning’s news release.

“Our goal of becoming one of the larger players in the Alternative Lodging Rental industry can now occur rapidly and we should be adding several large travel industry partners in the near future,” he concluded.

For more information, visit www.MonakerGroup.com

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Explore Exotic Escapes with Monaker Group’s (MKGI) NextTrip Platform

August 23, 2016

Thanks to Business Insider (http://nnw.fm/HHE8i), we now know where U.S. travelers went for holidays this summer. It may have been the Games of the XXXI Olympiad in Rio de Janeiro, Brazil, which ended on August 21. Although a scoop in USA Today (http://nnw.fm/sRW9w) claims that just 100,000 Americans attended the Games, down from the anticipated 200,000, stemming from fears of contracting the Zika virus. Well aware of these concerns, Brazil scrapped visa requirements for those holding American passports. From June 1 to September 18, Americans are able to save the hassle and the $160 fee to enjoy a samba summer. The Games may be over, but for a post-Olympic trip to Brazil or some other exotic destination, the adventurer can visit NextTrip, the online alternative lodging and travel platform from Monaker Group, Inc. (OTCQB: MKGI).

The Business Insider feature identifies the usual suspects. At number 10 is Playa del Carmen, Mexico. Mexico, which holds two places on the list, has been a perennial favorite for many years. A Pew Research survey in 2007 discovered that Mexico was the most popular vacation getaway for Americans, with an estimated 5.8 million holidaymakers traveling there each year. The city of love, Paris, is number nine, followed by Destin, Florida, at number eight. Located on Florida’s Emerald Coast on the shores of the Gulf of Mexico, Destin has developed from a fishing village into a popular tourist destination because of its many beautiful beaches.

At number seven on Business Insider’s list is the city whose streets, Dick Whittington thought, were paved with gold. Whittington journeyed to London with his cat and later became Lord Mayor of the city. There are no extant records of how his cat fared.

The Big Apple (New York City) comes in at number six, while Myrtle Beach, South Carolina, is at number five. Punta Cana in the Dominican Republic takes fourth place. Punta Cana is at the easternmost tip of Hispaniola, the island that the Dominican Republic shares with Haiti. Its 20 miles of beaches with clear water form the Dominican Republic’s La Costa del Coco (Coconut Coast).

Orlando, Florida, is third. Cancun, Mexico, is at number two. Finally, first place goes to Las Vegas, Nevada, known to be the city where ‘What Happens Here Stays Here’.

Now, through Monaker’s comprehensive booking platform, NextTrip, the traveler looking for that extraordinary experience can visit any or all of these colorful locales. However, NextTrip won’t just get him or her there. Through it, travelers can book a hotel room or inhabit what CEO Bill Kerby has described as ‘the hottest space in travel… alternative lodging’. Alternative lodging rentals (ALRs) are whole unit vacation homes or timeshare resort units that are fully furnished, privately owned residential properties, including houses, condominiums, villas and cabins, that property owners and managers rent to the public on a nightly, weekly or monthly basis. ALR listings have multiplied in recent times, with an astonishing diversity that illustrates the economic potential of the space.

A feature in USA Today (http://nnw.fm/AZm9a) tells the story of the most popular alternative lodgings based on images that users of Pinterest have uploaded. The top five list includes a two-bedroom loft in Rome, Italy. There is, also, a one-bedroom house in Beach Lake, Pennsylvania, and a two-bedroom rental in Tokyo. Then, there is a two-bedroom house in Tepoztlán, Mexico, and a charming one-bedroom Airstream trailer in Wimberley, Texas, all of which promise to be more singular than staying in a characterless hotel room.

For more information, visit www.MonakerGroup.com

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Monaker Group, Inc. (MKGI) Announces Launch of Premium Service for Property Owners

August 18, 2016

Earlier today, Monaker Group, Inc. (OTCQB: MKGI) announced the launch of its new Premium Service for owners of alternative lodging listings, which is designed to even the playing field between homeowners and travel industry suppliers. According to the news release, major travel industry suppliers – including airlines, hotels and car rental companies – employ cutting-edge tools that allow them to actively manage their rates on a minute-by-minute basis in order to react to competitive pricing, utilization and other market conditions. As a result, these suppliers are able to efficiently maximize revenues. Using Monaker’s Premium Service, individual property owners can enjoy many of the same benefits. Key elements of the service include:

  • Active management of the homeowner’s calendar, opening the door for real-time booking capability
  • Comprehensive management of guest communications ranging from booking to checkout, including inquiries, booking requests and 24/7 emergency assistance, offering the potential to save multiple hours each week that are normally required to manage listings
  • International distribution across global booking platforms with native language conversions and pricing available in all major currencies
  • Customized revenue and pricing management tools that update property pricing on a daily basis to better reflect real-time market conditions

For Monaker, the launch of its Premium Service is a win-win. According to the company’s pilot marketing efforts, Premium Service clients can expect to see an increase of 50 percent or greater in year-over-year booking revenue while enjoying a substantial reduction of about 10 hours per week to the time required to manage listings. By offering these industry-leading perks, Monaker expects to enjoy added success in attracting more individual and unique properties to its rapidly-expanding alternative lodging inventory. In a shareholder update issued in June, the company reported approximately 1.1 million alternative lodging rental units under contract with its NextTrip Resorts platform, with plans to add more than 200,000 additional timeshare or resort units by the end of the year.

“The Premium Service leverages our deep expertise in inventory acquisition, reservations services, technology and distribution,” Bill Kerby, chairman and chief executive officer of Monaker, stated in a news release. “We see this as a win-win scenario, ultimately delivering more real-time bookable inventory to the market, and greater choice in inventory to travel consumers.”

According to a report from Research and Markets, the global vacation rental market is expected to reach $169.7 billion by 2019. Additional insights reveal that roughly 24 percent of leisure travelers have stayed in a vacation home rental during the past two years, while about 47 percent are interested in staying in an alternative lodging rental during the next two years. All told, the alternative lodging market “is known to be one of the fastest growing segments in the Travel space,” as alluded to by Kerby in the news release.

For more information, visit www.MonakerGroup.com

Let us hear your thoughts: Monaker Group, Inc. Message Board

Monaker Group, Inc. (MKGI) Enters Agreement with Trisept Solutions to Fuel Growth

August 16, 2016

Before the opening bell, Monaker Group, Inc. (OTCQB: MKGI) announced a new agreement with Trisept Solutions, a division of The Mark Travel Corporation. Through this partnership, Trisept will both power Monaker’s flagship NextTrip.com brand with its Synapse travel merchandising platform and distribute its alternative lodging inventory through VAX VacationAccess, Trisept’s premier travel agent portal. This agreement is expected to fuel NextTrip’s forward growth by enabling expanded product offerings and distribution in the months to come.

“Trisept has the most advanced technology available for leisure vacation packaging today,” Bill Kerby, chairman and chief executive officer of Monaker, stated in this morning’s news release. “Expanding NextTrip’s capabilities and access to agents and consumers will accelerate our growth and differentiate us from our competition.”

By integrating NextTrip’s product offerings into Trisept’s VAX platform, Monaker’s sizable inventory of vacation home rentals, resort residences, rooms and unused timeshares will be available to a network of over 70,000 travel agents. NextTrip’s inventory will give these agents an easy, commissionable option for selling vacation rentals to clients. Integration of NextTrip into both Synapse and VAX is expected to take place over the next several months, with the companies setting a target completion date of the end of this year.

Monaker’s newly-announced distribution agreement with Trisept continues to build on the development strategy the company’s management team outlined in its June shareholder update. In addition to searching out new channel partners in order to broaden distribution of NextTrip’s more than 600,000 properties, Monaker has remained focused on structuring new relationships with established travel clubs, operators and distribution groups. In the June update, the company’s management team highlighted new relationships with the Recruiter.com Travel Club and 20,000 travel agents via International Travel Organization, and its newest agreement with Trisept is expected to play a key role in continuing to expand the distribution capabilities of the NextTrip platform.

Moving forward, Monaker will look to build on the number of alternative lodging rental units available on its NextTrip Resorts platform. The company boasted an impressive 125,000 available units following the beta launch of its platform in February, and it reported roughly 1.1 million total units under contract in early June. This sizable inventory, combined with the distribution capabilities of Trisept’s VAX portal, could set the stage for considerable market growth as Monaker continues to bolster its foothold in the growing travel industry.

“Integrating NextTrip’s product offerings into our VAX platform will give agents for the first time instant confirmation and an easy, commissionable way to sell vacation rentals,” John Ische, president and chief executive officer of Trisept, concluded in an August 15 news release.

For more information, visit www.monakergroup.com

Let us hear your thoughts: Monaker Group, Inc. Message Board

Monaker Group, Inc. (MKGI) Well Positioned for Seismic Shift in Consumer Spending

August 15, 2016

According to a recent Nasdaq article (http://nnw.fm/kBav6), retail store earnings have not been moving much in the past few months. The research showed a shift in consumers habits whereby Americans are spending more on experiences such as travel and entertainment rather than clothing, accessories, and electronics. Services are now making up a large majority of consumer expenditures.

Healthcare and travel are at the forefront of spending, with healthcare making up 20% of total consumption, a number that’s up from just 5% in the 60’s. And information from First Data Corp. shows a rise in spending on travel of 8.6% since last year. On the flip side, sport shops, restaurants, cafes, and bars have seen a considerable drop.

As a result in this seismic shift in consumer spending, hotels and various other accommodation types have had to adapt their facilities and offerings to a broader clientele. The once inconceivable thought of staying in someone else’s home instead of a hotel has now become a growing trend. Still, there is not enough supply to fulfill the demand in terms of accommodation, and so hotels and hosts are pressured to be more tactful in the way they provide for their consumers.

Over the last decade, hotels and inns have expanded their facilities with sub-brands that suit a variety of consumers. These include luxury resorts, hotels, and other forms of unique accommodations. This shift is not only because of the lack of supply, but also the growing need for consumers to have an experience that is not alien to the place they are visiting. People increasingly seek a traditional experience associated with locale, and the accommodation is seen as part of that.

Technology-driven travel company Monaker Group, Inc. (OTCQB: MKGI) has provided consumers from around the world with the chance to search through and book a variety of accommodation types in order to meet the growing needs of the 21st century consumer. The website features a range of alternative lodging options that include not only hotel rooms, but resorts, villas, unused timeshares, apartments, and creative niche style accommodations that uniquely reflect individual locations.

In addition to the above, the company’s flagship NextTrip.com enables customers to book everything they need to organize the perfect holiday. MKGI works with a range of key partners and travel brands, enabling them to reach a large audience and tailor experiences accordingly. Monaker Group aims to continue expanding its portfolio in order to become the ‘one stop’ vacation center.

For more information, visit www.monakergroup.com

Let us hear your thoughts: Monaker Group, Inc. Message Board

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