Monday, July 18, 2016

Monaker Group, Inc. (MKGI) Meeting Objectives with a Multitude of Key Companies and Partnerships

A traditional business partnership occurs when two or more individuals share management and profits of a business. Of course, not all businesses require more than one person to get started. That said, many large companies, such as Apple (NASDAQ: AAPL), eBay (NASDAQ: EBAY), and others, were built by more than one leader. Some of these partnerships started because of a friendship, but, regardless of personal relationship, both parties accepted that the other had something to bring to the table.

Monaker Group, Inc. (OTCQB: MKGI), the technology driven travel company, believed in just this when it partnered with a multitude of companies that could mutually benefit from the arrangement. Monaker believes in offering travel opportunities to all demographics. This requires Monaker to offer large and versatile search options to its various audiences, which has encouraged the company’s very productive partnerships.

Monaker has assembled multiple key partnerships to meet its objectives. With these partners, MKGI is creating the inventory and distribution linkage through its flagship NextTrip.com. The company considers itself to have a definitive strategic advantage with its strong partner base. Some of the key Monaker partners include: The Mark Travel Corporation, I.C.E., uBid and International Travel.

The Mark Travel Corporation is an investor in Monaker Group. It offers a VAX system used by 85,000 travel agents and represents 60 million consumers including Hilton Vacations (NYSE: HLT), Hyatt Vacations (NYSE: H), and United Airlines (NYSE: UAL). I.C.E. has 55 million members worldwide and private label members such as American Express (NYSE: AXP), AAA, and USAA. Monaker also represents uBid products, with over six million active users. Finally, International Travel, with over 20,000 agents worldwide, has agreed to supply Monaker travel brand alternative lodging and tour products.

These four specific partnerships allow Monaker Group to reach a broader audience and market itself further afield. With this, the company is able to provide unique and competitive travel offerings and expand higher-margined inventory in alternative lodging. Monaker’s ability to work with trusted and established travel brands provides the company with significant inventory and distributions.

For more information, visit www.monakergroup.com

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