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Monday, 04/11/2016 5:20:32 PM

Monday, April 11, 2016 5:20:32 PM

Post# of 4834
Compensated Awareness Post View Disclaimer
Monaker Group, Inc. (MKGI) Shakes Things Up with NextTrip.com

Alternative lodging is easily the fastest growing sector in the $1.25 trillion travel and tourism market. The oldest and most recognized brands within the alternative lodging sector are Airbnb and HomeAway. NextTrip.com is about to shake things up.

NextTrip is the first and only real-time bookable reservations system in the alternative lodging industry. Unlike the competition, which book by request and can take hours or days before a lodging owner confirms, NextTrip’s platform books in real-time, similar to online hotel bookings. Understandably, travel agents and tour operators are clamoring for just such a feature.

Customers are now able to plan and book any vacation and all their travel needs, including airlines, cruises, tour packages, and rental cars, without using multiple web sites. To maximize customer experience and efficiencies, Monaker Group (OTCQB: MKGI) recently engaged Primero Systems to fully integrate and maximize the NextTrip.com booking platform, and the company expects complete build out and functionality within four months.

As one would assume, available inventory is imperative in the alternative lodging sector. Airbnb has been around since 2008 and has an estimated 1.5+ million alternative lodging listings. HomeAway was founded in 2005 and currently has approximately 1.2+ million listings. NextTrip will add another 500k to 600k units in next few weeks and will soon have over 1.2 million listings in inventory, giving it one of the largest alternative lodging inventories in the world. Most listings are in desirable locations in the U.S., the EU and the Caribbean, and about 20% of the listings are exclusive. Monaker expects rapid exclusive listing growth, because, unlike the competition, Monaker doesn’t charge a sign-up fee, just a commission upon booking. The competition charges both. Monaker even has a proprietary solution to unlock timeshare and fractional share properties as rental inventory.

Airbnb is privately held with an estimated $25 billion valuation. HomeAway was acquired by Expedia (NASDAQ: EXPE) for $3.9 billion. With comparable listing inventories, more options, better and easier to use services, more exclusive listings and more cost effective listing solutions, Monaker Group is really starting to shake things up in the alternative lodging sector. If Monaker’s revenues reach estimates and its valuation even comes close to the competition’s, this stock could shake up any portfolio.

Learn more by visiting www.monakergroup.com


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