Business
Monaker to Launch Unused Timeshare Booking Platform
Monaker to Launch Unused Timeshare Booking Platform.
About this update from Nextplay Technologies, Inc.
[{"type":"text","content":"\n \n \n Monaker to Launch Unused Timeshare Booking Platform\n \n \nMonaker to Launch Unused Timeshare Booking Platform\n\nSigns Agreement With Saveon Resorts for Timeshare \"Marketplace\"\n\n \n WESTON, FL--(Marketwired - Jan 8, 2016) - Monaker Group (OTCQB: MKGI), (the \"Company\") or (\"Monaker\"), a technology driven travel and digital marketing company, announced today its agreement with Saveon Resorts of Carlsbad, California (\"Saveon\") to introduce a market place offering timeshare owners the ability to directly market their unused timeshares to travel consumers. There are an estimated 20 million timeshare owner households that control over 11 million resort weeks at over 5,300 resorts worldwide, with 20 - 25 percent of the room nights that go unused. Under the terms of this agreement, Monaker will provide timeshare owners the opportunity to rent their timeshare fixed weeks, floating weeks or points through Monaker's NextTrip website and next generation travel booking platform being launched this month. \n Visitors to the NextTrip website will be able to search available timeshare inventory and rent at the posted price or offer an alternative price which the renting owner can accept or decline. This is a unique opportunity for both timeshare owners and vacationers, as the launch will provide a marketplace for previously unused resort room nights to be distributed to the general public at great market pricing.\n Monaker's NextTrip specialty lodging booking engine for this unique product will be branded as the \"Marketplace\". This program will be promoted through a multitude of Monaker marketing channels to timeshare owners and vacationers, including social media, timeshare developer owner services staff, advertorials, travel magazines, and numerous other distribution channels. The launch of the Marketplace will provide timeshare owners with a unique opportunity to provide access to their use rights at worldwide properties in a site dedicated to maximizing their income and potentially offsetting their annual maintenance fee. This will truly provide timeshare owners with a unique opportunity to monetize their unutilized inventory on a user friendly website. A true quantum leap for the timeshare industry while providing vacationers unique resort inventory as an alternative lodging option.\n Monaker Group Chairman and C...