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Monaker Reports Fiscal 2017 Year-in-Review, Highlighting Travel Industry's First Instant Booking, Customizable Alternative Lodging Booking Engine
Monaker Reports Fiscal 2017 Year-in-Review, Highlighting Travel Industry's First Instant Booking, Customizable Alternative Lodging Booking Engine.
About this update from Nextplay Technologies, Inc.
[{"type":"text","content":"\n \n \n Monaker Reports Fiscal 2017 Year-in-Review, Highlighting Travel Industry's First Instant Booking, Customizable Alternative Lodging Booking Engine\n \n \nMonaker Reports Fiscal 2017 Year-in-Review, Highlighting Travel Industry's First Instant Booking, Customizable Alternative Lodging Booking Engine\n \n WESTON, FL--(Marketwired - May 10, 2017) - Monaker Group (OTCQB: MKGI), a travel and technology company focused on the alternative lodging rental (ALR) market, reported results for its full fiscal year ended February 28, 2017.\n Fiscal 2017 Operational Highlights\n \n \n Introduced the Monaker Booking Engine (MBE), the first customizable, alternative lodging booking engine with instant booking of vacation homes, villas, chalets, apartments, condos and castles. As a cloud-based platform driven by proprietary technology and contracted properties, MBE dynamically controls ALR inventory, allowing users to search and instantly book their reservation, versus the traditional industry method of waiting with uncertainty for the property owner to respond to a booking request. \n \n \nAdded hundreds of property managers and homeowners to the Monaker travel network, resulting in 1.2 million ALR properties across Europe, and Asia North America, South America and the Caribbean, available for instant booking via the Monaker platform. Monaker is in the process of onboarding additional properties that are expected to increase its total global inventory to more than 2 million.\n \n \nCompleted development and released the application programming interface for MBE, which provides a B2B solution for other travel companies to access Monaker's ALR properties for display and instantaneous booking via their website or internal booking system. The API allows extensive customization, including types of properties, rental rates, commissions, user fees, geographic regions and other settings. This unique real-time access to a wholesale source of ALR properties has attracted several major travel distributors looking to integrate with the MBE platform.\n \n \nSigned the first major industry partner to integrate MBE into its travel booking platform. As the nation's leading-edge travel technology provider that propels some of the biggest brands in travel, the partner serves leading airlines, hotels and resorts, tour operators, travel agencies, tourist bu...