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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