Monday, June 27, 2016

Exit to Europe this Summer with NextTrip from Monaker (MKGI)

Now that the majority of Brits have voted to leave the European Union, crossing the pond has just become a lot cheaper. The value of the pound sterling has fallen to its lowest level since the first half of 1985. Brexit has hit the British currency much harder than the Great Recession ever did. The euro has dived as well. So now, the grand continental European tour is open to many more. Summer in Europe never looked so good, and, for holiday makers, the choices of where to stay just multiplied with NextTrip from Monaker Group (OTCQB: MKGI).

NextTrip is a booking engine that provides ‘multiple booking platforms, all combined into one easy to use experience’. It was launched in February 2016 as a portal through which Monaker’s online assets, such as Always On Vacation and Maupintour, can be accessed. Using NextTrip, the sojourner can find and book hotel rooms, home rentals, resorts, cruises, flights and car rentals. NextTrip is the first booking solution to include conventional lodging, alternative lodging, and unused timeshare and resort inventory, all in one place. This technology allows consumers to search and book from the timeshare inventory in real-time without any timeshare solicitations.

Always On Vacation, acquired in October 2015, provides a rich resource of alternative lodging. In operation since 2006, the subsidiary came with its 65,000 properties in 120 countries and over 6 million monthly visitors. Now for that summer sabbatical there is a choice of 21,004 properties in the land of Hamlet or 6,533 lovely locations where the Sound of Music has filled the air. Adventure in Croatia after picking one of the 23,577 listed lodgings or visit Italy and stay in one of the 28,754 properties available there.

Another Monaker subsidiary, Maupintour, ‘helps plan highly customized private tours – anywhere around the globe’. Through Maupintour you can do China, riding a Dragon Boat across Kunming Lake in Beijing’s Summer Palace, or visit the Acropolis at Athens and the ancient home of the international games at Olympia. Alternatively, you can cruise along the Nile and see where the sarcophagus of Tutankhamun was found. You can also experience summer at Christmas with the many Southern hemisphere tours. For 14 days, you can frolic through Argentina and Chile, or you can climb around Peru for eight days. You can even try to spot a hobbit as you discover New Zealand for 10 days.

Monaker is growing rapidly. Its latest annual report shows that travel and commission revenues for the year ended February 29, 2016, reached $544,658, which represented a 66.3 percent increase over the previous year’s figure of $327,492. The company and its subsidiaries have been amassing vacation home inventory in efforts to operate the world’s largest online marketplace for the alternative lodging rental industry. Alternative lodging rentals (ALRs) are whole unit vacation homes or timeshare resort units that are fully furnished, privately-owned residential properties, including homes, condominiums, villas and cabins, that property owners and managers rent to the public on a nightly, weekly or monthly basis. The company also aims to become the largest vacation rental platform in the world with auxiliary services so travelers can purchase vacations through one site, NextTrip.com, and to provide the most qualified inquiries and bookings to property owners and managers.

For more information, visit www.monakergroup.com


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