Monaker Group, Inc. is a technology driven travel company
focused on leveraging resources to become a significant presence in the fastest
growing sector of the $1.3 trillion travel and tourism market. The company’s
flagship brand, NextTrip.com, is the industry’s first and only real-time
booking engine that features alternative lodging (vacation home rentals, resort
residences and unused timeshare inventory), as well as a full selection of
airlines, hotels, cruises, rental cars, tours and concierge services. These
features are combined into a single, easy-to-use platform that gives travelers
complete real-time control when planning and booking their vacations.
NextTrip.com takes an integrated approach to the needs of
travelers by combining multiple booking solutions into a highly intuitive
real-time booking platform. Since its launch in February 2016, NextTrip has
already grown to more than 250,000 units of vacation rental inventory. Monaker
currently has roughly 1 million additional alternative lodging units under
contract that will soon be added to the platform. This will place NextTrip
among the top three largest vacation rental inventories and rival industry
peers, Airbnb and HomeAway, in the rapidly expanding alternative lodging
market. Unlike the competition, which book by request which can take hours or
days before a lodging owner confirms, NextTrip’s platform books in real-time,
similar to online hotel bookings.
Most NextTrip listings are in desirable locations in the
U.S., the EU and the Caribbean with about 20% exclusive listings. 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.
Through strategic partnerships and acquisitions Monaker is
now positioned to be a major player in the travel and alternative lodging
sector. In addition Monaker is also the parent to Maupintour and Voyage TV.
In business for 65 years, Maupintour still leads the tour
industry in the creation of outstanding, unique itineraries and has the highest
repeat rate in the tour industry. Maupintour’s upscale luxury services create a
unique blend with the various product offerings of NextTrip. Voyage TV has
thousands of hours of travel footage shot in over 30 countries worldwide. These
15,000 video clips of hotels, resorts, cruise, and destination activities are a
treasure trove for vacation travel marketing.
With an established portfolio of travel brands, and a proven
record acquiring, consolidating and integrating companies, Monaker is building
a diverse and exciting foundation to drive the company’s future. According to
data from the U.S. Travel Association, direct spending on leisure travel by
domestic and international travelers topped $650 billion in 2015. When combined
with the fact that roughly 64 percent of travel companies are still considered
small businesses, Monaker’s all-inclusive approach to vacation booking through
NextTrip and Maupintour strategically positions it for sustainable growth
moving forward.
Monaker is headquartered in South Florida with offices in
California. The company is led by a seasoned management team with decades of
applicable industry experience. Monaker’s Chairman and Chief Executive Officer
Bill Kerby has over 18 years of experience in the media and travel industries,
as well as 10 years of experience in the financial industry.
For more information, visit www.monakergroup.com
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