Monaker Group (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, this morning announced its entrance into contracts with nine additional travel distributors to integrate and offer the company’s instantly-bookable vacation rentals through its established distribution channels. The new contracts bring Monaker’s business-to-business (“B2B”) travel distribution network total to twenty-four contracted distribution partners. Since being launched by the company in 2018, five of its contracted partners have gone live with its next-gen Monaker Booking Engine (“MBE”), with the remaining nineteen currently working to complete their integrations. “These twenty-four distributor partners represent hundreds of downstream travel companies, website, agencies and agents that generate significant hotel lodging reservations annually. When integrations are completed, Monaker will be distributing vacation rental homes internationally to travel groups that operate multiple platforms servicing 12 markets worldwide that currently book in excess of 400,000 passengers per month,” Monaker Group CEO Bill Kerby stated in the news release.
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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 information about Monaker Group, visit www.MonakerGroup.com.
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