Weston, FL – March
2019 / Newsmaker Alert /
Monaker
Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation
rental markets, today reported it has contracted with six more established
travel partners to integrate with the Monaker Booking Engine (MBE) and
have access to Monaker’s instantly-bookable 2.6 million vacation rental
properties.
The
addition of these six new travel partners expands the company’s B2B travel
distribution network to 30 contracted partners, nine of which have already
completed integrations and starting to use MBE.
“Since
connecting our next-gen MBE to the first travel partners late last year,
there has been an encouraging increase in daily inventory searches and
bookings through our platform,” commented Monaker CEO Bill Kerby. “The
six new contracts reported today continue to expand our global distributor
network through well-established travel brands across dozens of countries
through partners specializing in travel offerings and accommodations for
their customers.”
Monaker’s
integrated travel distributors and their downstream partners, with their
established travel booking platforms (aggregators, consolidators, online
travel agencies and travel agents), can select from Monaker’s sizeable
global vacation rental inventory comprising homes, villas, chalets, apartments,
condos, resort residences, and even castles.
With
the MBE Application Program Interface (API), Monaker provides its integrated
travel distributors and their downstream partners with the ability to book
commissionable vacation rentals within their existing reservation systems.
Because Monaker inventory bookings are instantly confirmed, rather than
waiting hours or even days for property owners to respond, the vacation
rental 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 one 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, 2018 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 |