Monaker Group (OTCQB: MKGI) this morning said it has submitted a formal application to list the company’s common stock on the NASDAQ Capital Market. Monaker’s alternative lodging rentals (ALR) platform is slated to launch into a growing market this fall, which the company believes would be enhanced by an up-listing. The company’s global ALR inventory offers thousands of travel companies around the world an easy, commissionable option for selling vacation property rentals. Additionally, the company’s Monaker Booking Engine (MBE) is a cloud-based technology platform that delivers a customizable solution of over one million instantly-bookable residences located in prime locations around the world. “The benefits provided by the NASDAQ listing would be timely as we expect the first B2B deployment of our alternative lodging rentals (“ALR”) platform this fall, launching with several of our travel distributors,” Monaker Group CEO William Kerby stated in the news release.
To view the full press release, visit: http://nnw.fm/3BlSO
About Monaker Group
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 1.4 million 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 www.monakergroup.com.
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