Weston, FL – July
2019 / Newsmaker Alert /
Monaker
Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation
rental markets, reported that another well-established, leading travel
company has completed its integration and certification of the Monaker
Booking Engine (MBE). The travel company can now offer its customers
instantly-bookable inventory of more than 2.6 million vacation rental properties
through established channels.
“This
integration with our largest travel distributor to date dramatically expands
our reach in Europe, with their travel platforms operating in more than
a dozen countries and booking vacation packages for hundreds of thousands
of travel customers every month,” said Monaker CEO, Bill Kerby. “Given
the growth in our property inventory, we can provide many lodging options
to accommodate their travel customers.”
Of
the 30 established travel distributors contracted to use MBE for vacation
rental bookings, 13 have completed their integrations and are currently
searching and booking Monaker vacation rental properties. Given the pent-up
demand for a B2B solution like MBE that can be integrated into virtually
any existing reservation system, Monaker continues to attract interest
by potential travel partners from around the globe.
The
MBE Application Program Interface
(API) allows for rapid integration with travel distributors and their downstream
partners, providing them the ability to book commissionable vacation rentals
within their existing reservation systems. Monaker’s global inventory includes
vacation rental homes, villas, chalets, apartments, condos, resort residences,
and even castles. Because the bookings can be instantly confirmed, rather
than having to wait hours or even days for property owners to respond,
Monaker vacation rentals can be seamlessly booked alongside air, car and
other travel reservations as a complete package.
About
Monaker Group
Monaker
Group, Inc., is a technology-driven travel company focused on delivering
innovation to the alternative lodging rental (ALR) market. The Monaker
Booking Engine (MBE) provides access to more than 2.6 million instantly
bookable vacation rental homes, villas, chalets, apartments, condos, resort
residences, and castles. MBE offers travel distributors and agencies an
industry first: a customizable, instant-booking platform for alternative
lodging. For more about Monaker Group, visit www.monakergroup.com.
Important
Cautions Regarding Forward Looking Statements
This
release includes ‘‘forward-looking statements’’ within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements give our current
expectations, opinions, belief or forecasts of future events and performance.
A statement identified by the use of forward-looking words including ‘‘will,’’
‘‘may,’’ ‘‘expects,’’ ‘‘projects,’’ ‘‘anticipates,’’ ‘‘plans,’’ ‘‘believes,’’
‘‘estimate,’’ ‘‘should,’’ and certain of the other foregoing statements
may be deemed forward-looking statements. Although Monaker believes that
the expectations reflected in such forward-looking statements are reasonable,
these statements involve risks and uncertainties that may cause actual
future activities and results to be materially different from those suggested
or described in this news release. All forward-looking statements are expressly
qualified in their entirety by the “Risk Factors” and other cautionary
statements included in Monaker’s annual, quarterly and special reports,
proxy statements and other public filings with the Securities and Exchange
Commission (“SEC”), including, but not limited to, the company’s Annual
Report on Form 10-K for the period ended February 28, 2019 and the company’s
subsequently filed Quarterly Reports on Form 10-Q, which have been filed
with the SEC and are available at www.sec.gov. Investors are cautioned
that any forward-looking statements are not guarantees of future performance
and actual results or developments may differ materially from those projected.
The forward-looking statements in this press release are made as of the
date hereof. The company takes no obligation to update or correct its own
forward-looking statements, except as required by law, or those prepared
by third parties that are not paid for by the company.
Company
Contact:
Monaker
Group, Inc.
Richard
Marshall
Director
of Corporate Development
954-888-9779 |