Monaker Group Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, this morning announced that it has expanded its portfolio of instantly-bookable vacation properties to include more than 2.6 million units. Per the update, this total marks an 85 percent increase over the number of properties contracted and loaded since the release of the next-generation Monaker Booking Engine (“MBE”) in July 2018. “Our increase in available inventory is exciting for Monaker and our clients, and is especially timely with the market demand for vacation rentals continuing to grow,” Bill Kerby, CEO of Monaker, stated in the news release. “In late 2018, our first travel distribution partners completed their MBE integrations, and we have seen a steady increase in inventory searches and bookings on our MBE booking platform. As more of our contracted distributors and their downstream travel platforms, portals and agents go live, and their travel customers become familiar with the seamless access to vacation rental inventory that we provide through these channels, we anticipate bookings on our platform to steadily increase.”
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About Monaker Group Inc.
Monaker Group Inc. is a technology-driven travel company focused on delivering innovation to the alternative lodging rental 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 information, visit the company’s website at www.MonakerGroup.com
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