Humans are a wasteful bunch, and our habits in the business world are no different. While a minimal amount of waste in the workplace is recycled, Texas-based Quest Resource Holdings (NASDAQ: QRHC) believes the nation’s corporations can do a lot better. As a provider of sustainability, recycling and environmental services, Quest is focused on strengthening its own top line while helping large corporations reduce their operating cost and minimize their eco-footprint.
Through its Quest Resource Management Group and Early911 subsidiaries, Quest designs and manages sustainability, recycling and resource management programs for the automotive, grocery/restaurant, industrial, property management and sustainability industries. With more than 38,000 client locations across the country, Quest has managed more than 1.37 million tons of waste, including used motor oil, trash, organics, used tires and card board.
In January 2017, Quest expanded its reach into the construction and demolition (C&D) industry, which spent $1.18 billion in 2016 alone – marking the industry’s highest level of spending in a decade. According to the Department of Commerce, the increase correlates with rising demand for project services and waste management as construction companies seek to minimize risk and cost, increase insight and control, and address environmental goals of clients.
For Quest, this means opportunity. Quest leverages its national footprint and cloud-based service and reporting platform to provide clients the ability to control cost, access waste disposal alternatives, streamline logistics, and increase efficiencies. Using the C&D industry as an example of this strategy, Quest’s construction-centered offerings include general requirement services such as temporary offices, storage containers, toilets and hand washing stations, holding tanks, water tanks and dumpsters. C&D waste and recycling services include solutions for materials such as wood, concrete, roofing, drywall, metal, plastic and blast media recycling, as well as hazardous and non-hazardous waste.
These solutions are executed through a time-saving, streamlined process in which Quest handles incoming requests, schedules and manages services, and provides LEED® credit tracking and sustainability reporting, enabling busy construction managers to focus on building their projects.
To facilitate its own growth, Quest operates an organic and acquisition-based strategy that creates a base of recurring revenues generated through fees for waste and recycling services, the sale of recyclable material in the commodity market, professional services, and the sale of operational products such as waste collection containers, compacting equipment and fleet maintenance products.
In 2016, backed with a credit facility with up to $20 million in borrowing capacity, the company refined its go-to-market strategy to optimize its market opportunities and reinforce the foundation for growth. The plan enabled the expansion of existing markets, entry into new industry verticals, and wins from new and existing customers.
These initiatives enabled the company to drive fourth-quarter revenues to $45.0 million, a year-over-year increase of 2%. Full-year 2016 revenues of $184 million represent an increase of 8% from total revenues in 2015. In the fourth quarter of 2016 the company also improved its gross margin by 50 basis points to 8.2%, and narrowed its net loss to $1.3 million compared to $2.8 million for the comparable quarter of 2015.
Pivoting off this growth, the company has its sight set on a market opportunity valued at $55 billion, with anticipation for continued momentum.
“We expect improved performance in 2017, reflecting our refocused go-to-market strategy and our efforts to enhance the value add of our services portfolio. Those initiatives, including our focused approach to customer acquisition, are expected to result in 1% to 2% improvement in gross margin and positive Adjusted EBITDA by the end of 2017,” S. Ray Hatch, president and CEO of Quest, stated in the earnings release. “Long term, we expect our strategy will return the company to double-digit top-line growth. In addition, we plan to show continued growth during the next several years and have established a three-to-five-year gross margin target in the low to mid-teens and an Adjusted EBITDA margin target of 4% to 6%.”
For more information visit www.qrhc.com
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Thursday, April 27, 2017
Monday, April 24, 2017
Monaker Group, Inc. (MKGI) Primed to Benefit from Booming ALR Market
The ALR market is booming, representing a major boost to Monaker Group, Inc. (OTCQB: MKGI) and its successful integration of ALR booking with the traditional travel market. ALR (alternative lodging rental) is the industry moniker used to describe the practice of travelers and vacationers renting homes from private owners rather than utilizing traditional lodging such as hotels. Various forms of this simple practice of linking private homeowners with travelers to secure accommodations has been in practice for centuries. Throughout history, it was common for homeowners to rent space in their homes to weary travelers. Most of the time, private homes were the only accommodations available, and word of mouth identified homeowners willing to rent. Some homes ultimately morphed into full-time hotels, and a delineation occurred between public and private accommodations. Over time, renting directly from homeowners waned as travelers relied on traditional hotels for lodging. It all changed again with the advent of the internet and the ingenious creation of global platforms to link homeowners with those seeking lodging. The ALR market has since exploded, and the number of users just keeps growing. Homeowners and travelers both benefit, while the platform providers generate enormous revenues.
Numerous competitors have sprung up since the inception of alternative lodging rental platforms. Airbnb, HomeAway, Priceline, VRBO and FlipKey are some of the more recognizable names, with multitudes of others vying for the travel dollars. In the U.S. alone, private accommodation rentals totaled about $32 billion in 2016, and that figure is projected to grow to $37 billion by 2018. The revenues and valuations in this sector are enormous. Airbnb is now valued at over $31 billion, and online travel giant Expedia purchased HomeAway for $3.9 billion.
This contemporary peer-to-peer rental of apartments, homes, and spare bedrooms has generated a lot of demand and is hugely profitable for the platform providers that connect these parties. However, even with all the noise and competition, the consumer is still left wanting. Unlike hotel booking, which provides instant confirmation and easy travel planning, all of the current ALR companies still rely on convoluted confirmation systems, typically relying on the homeowner to provide the confirmation. This process has been known to take days or even weeks, leaving the traveler in travel planning limbo. There’s also no way a traveler can book ALR lodging through the convenience of a travel agent. Travelers are forced to utilize multiple sites to book flights, cars, services or entertainment and lack a cohesive one-stop shop to book a vacation. It just didn’t exist in the ALR market, until now.
Technology-driven Monaker Group, Inc. is set to disrupt the status quo in ALR and deliver what the customers want. Monaker has more than 60 years of operational experience serving the tourism industry and has pioneered a proprietary system to provide instant confirmation for bookings. The company has also established an extensive network of travel agents to offer ALR options, an alternative never before provided to travelers. Monaker already has a competitive ALR inventory compared to the largest players in the sector, and, given the disruptive changes Monaker is bringing to the vast ALR market, the company should garner lots of attention from investors looking to profit from the alternative lodging rental industry.
For more information, visit www.MonakerGroup.com
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Numerous competitors have sprung up since the inception of alternative lodging rental platforms. Airbnb, HomeAway, Priceline, VRBO and FlipKey are some of the more recognizable names, with multitudes of others vying for the travel dollars. In the U.S. alone, private accommodation rentals totaled about $32 billion in 2016, and that figure is projected to grow to $37 billion by 2018. The revenues and valuations in this sector are enormous. Airbnb is now valued at over $31 billion, and online travel giant Expedia purchased HomeAway for $3.9 billion.
This contemporary peer-to-peer rental of apartments, homes, and spare bedrooms has generated a lot of demand and is hugely profitable for the platform providers that connect these parties. However, even with all the noise and competition, the consumer is still left wanting. Unlike hotel booking, which provides instant confirmation and easy travel planning, all of the current ALR companies still rely on convoluted confirmation systems, typically relying on the homeowner to provide the confirmation. This process has been known to take days or even weeks, leaving the traveler in travel planning limbo. There’s also no way a traveler can book ALR lodging through the convenience of a travel agent. Travelers are forced to utilize multiple sites to book flights, cars, services or entertainment and lack a cohesive one-stop shop to book a vacation. It just didn’t exist in the ALR market, until now.
Technology-driven Monaker Group, Inc. is set to disrupt the status quo in ALR and deliver what the customers want. Monaker has more than 60 years of operational experience serving the tourism industry and has pioneered a proprietary system to provide instant confirmation for bookings. The company has also established an extensive network of travel agents to offer ALR options, an alternative never before provided to travelers. Monaker already has a competitive ALR inventory compared to the largest players in the sector, and, given the disruptive changes Monaker is bringing to the vast ALR market, the company should garner lots of attention from investors looking to profit from the alternative lodging rental industry.
For more information, visit www.MonakerGroup.com
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Friday, April 21, 2017
National Waste Management Holdings, Inc. (NWMH) Reports 161% Jump in 2016 Revenues Following Two Acquisitions
National Waste Management Holdings, Inc. (OTC: NWMH), in a SEC 10-K Annual Report filed on April 17, 2017, for the year ended December 31, 2016, reported revenues of $6,345,324 compared to $2,429,747 (restated) for the same period in 2015, representing a 161% jump. The increase in sales was due primarily to the firm’s acquisitions of Waste Recovery Enterprises, LLC (“WRE”) in October 2015, and Gateway Rolloff Services, LP, on December 1, 2015. Revenue in 2016 also grew due to a larger customer base, increased construction activity in Florida and the May 2016 acquisition of commercial collection company Sivart Services, LLC, which allowed the company to extend services into Cooperstown, New York.
NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
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NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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Tuesday, April 18, 2017
Monaker Group (MKGI) Has an Advantage in Surging Alternative Lodging Rental Market – Instant Booking Confirmation
Monaker Group (OTCQB: MKGI) has an advantage in the alternative lodging rental (ALR) market. A research report from CBRE Hotels (formerly PF Hospitality) finds that ALR now accounts for 9% of total lodging units in the 10 largest markets in the U.S. and is a threat to the growth and pricing of traditional hotels (http://dtn.fm/OZw8o). In the ALR war, Monaker Group has the advantage of instant online booking for both alternative and traditional lodging.
Monaker Group is using artificial intelligence (AI) as it develops its website, NextTrip.com. It will offer travel agents and consumers a single all-in-one instant confirmation booking site where a user can book ALR, traditional hotels and airfare — everything for a vacation, business trip or a combination of the two. It is a high-technology company focused on the ALR market with its instant confirmation advantage available across non-traditional and traditional travel.
The total inventory of Monaker Group will reach 1.5 million vacation rentals by June 2017, per the company. Earlier this year, it offered one million accept/request properties, its worldwide inventory of resort properties and even “make an offer” bidding solution options. eMarketer research projects that the digital travel market will reach $817.54 billion by 2020 (http://dtn.fm/0Uhh8). Monaker Group will offer ALR digitally plus traditional hotels on its single site. Bill Kerby, founder, chairman and CEO of Monaker Group, said that its site will be an intuitive and fully comprehensive booking platform.
The CBRE Hotels report shows that major ALR player Airbnb is adding more units at a faster clip than traditional hotels, showing the power of the ALR market. For example, in New York, out of a total of 140,000 lodging units, Airbnb accounts for almost 23,000 units, or 16%, as of September 2016. In Los Angeles, ALR accounted for 12% of the lodging units. The numbers were 11% in San Francisco and 9.2% in Miami, the report showed. The available lodging rental units also translated into total hotel-generated room revenue, with ALR accounting for 6% in Los Angles and about 5% in New York, San Francisco and Oakland. In total, CBRE found that more than 55% of Airbnb’s revenues from October 2014 to September 2015 came from five U.S. cities: New York, Los Angeles, San Francisco, Miami, and Boston. “I take my hat off to them. They saw an opportunity that the rest of us missed,” Choice Hotels CEO Steve Joyce noted in a news release. CBRE projected that, as Airbnb grows, its impact will reduce new hotel construction and keep traditional hotel room rates down.
Meanwhile, Monaker Group has a major advantage with its all-in-one instant booking platform. It gives something in the online marketplace that users want but haven’t had before: instant ALR confirmation plus full integration with traditional travel options. Monaker Group said in its investor presentation that it has a mobile app under development that offers users access to its proprietary ALR inventory, real-time booking, an extensive library of videos showing resorts, and even access to online travel agents. Its booking platform is comprehensive for travelers seeking ALR.
For more information, visit www.MonakerGroup.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monaker Group is using artificial intelligence (AI) as it develops its website, NextTrip.com. It will offer travel agents and consumers a single all-in-one instant confirmation booking site where a user can book ALR, traditional hotels and airfare — everything for a vacation, business trip or a combination of the two. It is a high-technology company focused on the ALR market with its instant confirmation advantage available across non-traditional and traditional travel.
The total inventory of Monaker Group will reach 1.5 million vacation rentals by June 2017, per the company. Earlier this year, it offered one million accept/request properties, its worldwide inventory of resort properties and even “make an offer” bidding solution options. eMarketer research projects that the digital travel market will reach $817.54 billion by 2020 (http://dtn.fm/0Uhh8). Monaker Group will offer ALR digitally plus traditional hotels on its single site. Bill Kerby, founder, chairman and CEO of Monaker Group, said that its site will be an intuitive and fully comprehensive booking platform.
The CBRE Hotels report shows that major ALR player Airbnb is adding more units at a faster clip than traditional hotels, showing the power of the ALR market. For example, in New York, out of a total of 140,000 lodging units, Airbnb accounts for almost 23,000 units, or 16%, as of September 2016. In Los Angeles, ALR accounted for 12% of the lodging units. The numbers were 11% in San Francisco and 9.2% in Miami, the report showed. The available lodging rental units also translated into total hotel-generated room revenue, with ALR accounting for 6% in Los Angles and about 5% in New York, San Francisco and Oakland. In total, CBRE found that more than 55% of Airbnb’s revenues from October 2014 to September 2015 came from five U.S. cities: New York, Los Angeles, San Francisco, Miami, and Boston. “I take my hat off to them. They saw an opportunity that the rest of us missed,” Choice Hotels CEO Steve Joyce noted in a news release. CBRE projected that, as Airbnb grows, its impact will reduce new hotel construction and keep traditional hotel room rates down.
Meanwhile, Monaker Group has a major advantage with its all-in-one instant booking platform. It gives something in the online marketplace that users want but haven’t had before: instant ALR confirmation plus full integration with traditional travel options. Monaker Group said in its investor presentation that it has a mobile app under development that offers users access to its proprietary ALR inventory, real-time booking, an extensive library of videos showing resorts, and even access to online travel agents. Its booking platform is comprehensive for travelers seeking ALR.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monday, April 17, 2017
eXp World Holdings, Inc. (EXPI) Attracts High-Volume Agents, Retains Them With Technology, Stock Ownership Equity and Three-Year Vesting
eXp World Holdings, Inc. (OTCQB: EXPI), through its eXp Realty subsidiary, is not just adding new real estate agents; it is attracting high-volume agent/brokers including two from The Wall Street Journal’s Top 50 List, according to Glenn Sanford, chairman, CEO and founder of the company. Presenting at the MicroCap Conference in New York earlier this month, Sanford said that a number of large real estate markets remain open to the agent-owned and cloud-based online real estate agency — such as New York and Connecticut. The company can grow more than geographically, because it projects possible areas of expansion such as mortgage origination, title and escrow services, and homeowners insurance, he said.
eXp World Holdings is the holding company for eXp Realty LLC and eXp Realty of Canada, Inc. It is an agent-owned, cloud-based brokerage that is unique in that it offers its agents a chance to earn company stock through performance, as well as to receive a percentage of gross commissions earned by other agents that they bring into EXPI. It has surpassed 3,000 agents and projects having 5,500-6,500 agents by the end of this year. The company’s features are designed to not only attract agents but also retain them. Three-year 100% equity vesting is an important retention tool, Sanford said.
The company maintains a non-traditional model of low costs due to its cloud-based campus versus brick-and-mortar offices. In addition to agent incentives in the form of company stock for performance plus shared commission payments, the company also offers special online educational classes as part of its immersive cloud-based platform campus. The combination of lower costs, high technology, stock incentives, and a percentage of recruited agent commissions, is highly desirous for agents, Sanford told investors.
The largest state EXPI currently serves in the U.S. is Texas — with some 800 eXp agents. However, in the tri-state market of New York, Connecticut, and New Jersey, the company still has much room to grow. That market remains a large opportunity for the company, and the high-dollar residential real estate markets of Connecticut, Manhattan, and Brooklyn are still largely open.
The firm sees a further doubling of its agent count by the end of this year, to between 5,500 and 6,500, Sanford said. EXPI is attracting younger and, in some cases, higher volume agents. He added that its three-year vesting program appeals to agents and has also proven important in retaining them. Few would want to leave the company before fully vesting and losing that equity, he noted.
For more information, visit the company’s website at www.eXpWorldHoldings.com
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eXp World Holdings is the holding company for eXp Realty LLC and eXp Realty of Canada, Inc. It is an agent-owned, cloud-based brokerage that is unique in that it offers its agents a chance to earn company stock through performance, as well as to receive a percentage of gross commissions earned by other agents that they bring into EXPI. It has surpassed 3,000 agents and projects having 5,500-6,500 agents by the end of this year. The company’s features are designed to not only attract agents but also retain them. Three-year 100% equity vesting is an important retention tool, Sanford said.
The company maintains a non-traditional model of low costs due to its cloud-based campus versus brick-and-mortar offices. In addition to agent incentives in the form of company stock for performance plus shared commission payments, the company also offers special online educational classes as part of its immersive cloud-based platform campus. The combination of lower costs, high technology, stock incentives, and a percentage of recruited agent commissions, is highly desirous for agents, Sanford told investors.
The largest state EXPI currently serves in the U.S. is Texas — with some 800 eXp agents. However, in the tri-state market of New York, Connecticut, and New Jersey, the company still has much room to grow. That market remains a large opportunity for the company, and the high-dollar residential real estate markets of Connecticut, Manhattan, and Brooklyn are still largely open.
The firm sees a further doubling of its agent count by the end of this year, to between 5,500 and 6,500, Sanford said. EXPI is attracting younger and, in some cases, higher volume agents. He added that its three-year vesting program appeals to agents and has also proven important in retaining them. Few would want to leave the company before fully vesting and losing that equity, he noted.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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Thursday, April 13, 2017
RenovaCare, Inc. (RCAR) Leading Innovation in Wound Care Treatment
The global wound care market recently reached revenues of more than $20 billion (http://dtn.fm/W1wjB) at the end of 2016, based on sales at the manufacturer’s level. Specifically, the burn care market is expected to grow at a CAGR of 6.8% from $1.68 billion in 2016 to more than $2.33 billion by the end of 2021 (http://dtn.fm/I6abR). The growth in these markets has been largely attributed to factors such as the rising number of burn accidents, an aging population, and the rise in cardiovascular diseases, diabetes, obesity, and other diseases that can cause skin-related problems.
Currently, wound care ranges from anti-infectives, ulcer wound management, moist dressings, and negative pressure wound therapy to wound closure and even conventional skin grafts. These treatments can be extremely painful, slow-to-heal, and are more likely to face complications along the way. Today, more is being done to help patients suffering from skin problems, some of which include a rise in health care expenditure, more government initiatives, an increase in the number of emergency centers and burn units, and a growing understanding of the various treatment options.
In addition, more innovative forms of treatment are slowly being introduced. RenovaCare, Inc. (OTCQB: RCAR), a development stage biotechnology company focused on acquiring, researching, developing, and commercializing first-of-their-kind self-donated stem cell therapies for the regeneration of human organs, is in the process of developing a product that targets issues relating to the human body’s largest organ, the skin.
The company’s CellMist™ system uses a patient’s own stem cells and is applied onto wounds and burns using its SkinGun™. The technology is able to regrow the skin across wounds by spreading numerous regenerative islands over the affected area, rather than the wound healing from the outside in. Although still part of an experimental setting, the system has been tested on patients such as Matt Uram, a victim of a fire-related accident during a July fourth celebration, who, within three days witnessed incredible results, with burns almost completely healed and no risk of infection or scarring (http://dtn.fm/uXAR5).
RenovaCare believes the SkinGun™ could replace today’s standards of care, decreasing the need for patients to go through the process of having complicated skin grafts, mesh skin grafts, and other forms of painful treatment.
The company is aiming to get the SkinGun™ FDA-approved in the near future, and research is already underway at RenovaCare to enable the treatment of third degree burns, which are more complex in nature and often come with damage to the muscles and tissue below the skin.
For more information, visit www.RenovaCareInc.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Currently, wound care ranges from anti-infectives, ulcer wound management, moist dressings, and negative pressure wound therapy to wound closure and even conventional skin grafts. These treatments can be extremely painful, slow-to-heal, and are more likely to face complications along the way. Today, more is being done to help patients suffering from skin problems, some of which include a rise in health care expenditure, more government initiatives, an increase in the number of emergency centers and burn units, and a growing understanding of the various treatment options.
In addition, more innovative forms of treatment are slowly being introduced. RenovaCare, Inc. (OTCQB: RCAR), a development stage biotechnology company focused on acquiring, researching, developing, and commercializing first-of-their-kind self-donated stem cell therapies for the regeneration of human organs, is in the process of developing a product that targets issues relating to the human body’s largest organ, the skin.
The company’s CellMist™ system uses a patient’s own stem cells and is applied onto wounds and burns using its SkinGun™. The technology is able to regrow the skin across wounds by spreading numerous regenerative islands over the affected area, rather than the wound healing from the outside in. Although still part of an experimental setting, the system has been tested on patients such as Matt Uram, a victim of a fire-related accident during a July fourth celebration, who, within three days witnessed incredible results, with burns almost completely healed and no risk of infection or scarring (http://dtn.fm/uXAR5).
RenovaCare believes the SkinGun™ could replace today’s standards of care, decreasing the need for patients to go through the process of having complicated skin grafts, mesh skin grafts, and other forms of painful treatment.
The company is aiming to get the SkinGun™ FDA-approved in the near future, and research is already underway at RenovaCare to enable the treatment of third degree burns, which are more complex in nature and often come with damage to the muscles and tissue below the skin.
For more information, visit www.RenovaCareInc.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Tuesday, April 11, 2017
eXp World Holdings, Inc. (EXPI) Using the Internet to Complement Real Estate Agents, Not Replace Them
Most businesses across numerous industries would agree that the internet has disrupted them in one way or another, either positively or negatively. Some believe the internet has led to technological advancements never seen before that have enabled them to cut costs, keep their information safe, and make certain day-to-day tasks easier. Others have seen the internet lead to an increase in unemployment, more space for security breaches, and a lack of human touch when it comes to interactions with consumers.
But how has the proliferation of the internet disrupted those in the real estate industry? Recent studies (http://dtn.fm/0wF0F) show that real estate agents in the U.S. are still receiving their usual 5% to 6% commission on home sales, and, despite the internet having had a negative impact on many of the middlemen from various industries, the commission that real estate agents receive has increased since the early 2000s. Although many assumed real estate agents would struggle because of the internet, the number of agents has actually grown by more than 50% in the past 20 years.
What many have not realized is that the internet has affected the industry as a whole, but has not affected the ever-growing need for agents. The internet has changed the way agents work and interact with their clients for the better, because, although consumers are doing more of the home buying research online, they still have a big decision to make, and therefore turn to agents and brokers for help. More has also been done by real estate companies in terms of advertising to keep the focus on their agents, for example, Century 21’s “Good Luck, Robots” TV commercial (http://dtn.fm/aDtl9).
eXp World Holdings, Inc. (OTCQB: EXPI) is showing the importance of real estate agents and brokers through a different approach, by embracing technology and using it to leverage the ability of agents. The rapidly growing company (its agent roster is expected to double in this year alone) has been referred to as the “Amazon” of real estate. It’s an agent-owned brokerage that has cut out the need for brick and mortar facilities with the use of the cloud, but without cutting out the much-needed agents that run it. Instead of using the internet to replace its brokers and agents, EXPI is using it as a tool to maximize agent-ownership, and agents love it.
EXPI is the first company to ever use 3D, fully immersive cloud-based tools and techniques that allow agents to meet colleagues, share advice, learn through virtual classes, and build strategies to further grow their businesses. EXPI has created this business model not to cut out the middleman, but to show Americans that relying less on traditional offices and adopting technological advancements offer significant benefits to both business growth and customer satisfaction.
For more information, visit the company’s website at www.eXpWorldHoldings.com
Most businesses across numerous industries would agree that the internet has disrupted them in one way or another, either positively or negatively. Some believe the internet has led to technological advancements never seen before that have enabled them to cut costs, keep their information safe, and make certain day-to-day tasks easier. Others have seen the internet lead to an increase in unemployment, more space for security breaches, and a lack of human touch when it comes to interactions with consumers.
But how has the proliferation of the internet disrupted those in the real estate industry? Recent studies (http://dtn.fm/0wF0F) show that real estate agents in the U.S. are still receiving their usual 5% to 6% commission on home sales, and, despite the internet having had a negative impact on many of the middlemen from various industries, the commission that real estate agents receive has increased since the early 2000s. Although many assumed real estate agents would struggle because of the internet, the number of agents has actually grown by more than 50% in the past 20 years.
What many have not realized is that the internet has affected the industry as a whole, but has not affected the ever-growing need for agents. The internet has changed the way agents work and interact with their clients for the better, because, although consumers are doing more of the home buying research online, they still have a big decision to make, and therefore turn to agents and brokers for help. More has also been done by real estate companies in terms of advertising to keep the focus on their agents, for example, Century 21’s “Good Luck, Robots” TV commercial (http://dtn.fm/aDtl9).
eXp World Holdings, Inc. (OTCQB: EXPI) is showing the importance of real estate agents and brokers through a different approach, by embracing technology and using it to leverage the ability of agents. The rapidly growing company (its agent roster is expected to double in this year alone) has been referred to as the “Amazon” of real estate. It’s an agent-owned brokerage that has cut out the need for brick and mortar facilities with the use of the cloud, but without cutting out the much-needed agents that run it. Instead of using the internet to replace its brokers and agents, EXPI is using it as a tool to maximize agent-ownership, and agents love it.
EXPI is the first company to ever use 3D, fully immersive cloud-based tools and techniques that allow agents to meet colleagues, share advice, learn through virtual classes, and build strategies to further grow their businesses. EXPI has created this business model not to cut out the middleman, but to show Americans that relying less on traditional offices and adopting technological advancements offer significant benefits to both business growth and customer satisfaction.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
But how has the proliferation of the internet disrupted those in the real estate industry? Recent studies (http://dtn.fm/0wF0F) show that real estate agents in the U.S. are still receiving their usual 5% to 6% commission on home sales, and, despite the internet having had a negative impact on many of the middlemen from various industries, the commission that real estate agents receive has increased since the early 2000s. Although many assumed real estate agents would struggle because of the internet, the number of agents has actually grown by more than 50% in the past 20 years.
What many have not realized is that the internet has affected the industry as a whole, but has not affected the ever-growing need for agents. The internet has changed the way agents work and interact with their clients for the better, because, although consumers are doing more of the home buying research online, they still have a big decision to make, and therefore turn to agents and brokers for help. More has also been done by real estate companies in terms of advertising to keep the focus on their agents, for example, Century 21’s “Good Luck, Robots” TV commercial (http://dtn.fm/aDtl9).
eXp World Holdings, Inc. (OTCQB: EXPI) is showing the importance of real estate agents and brokers through a different approach, by embracing technology and using it to leverage the ability of agents. The rapidly growing company (its agent roster is expected to double in this year alone) has been referred to as the “Amazon” of real estate. It’s an agent-owned brokerage that has cut out the need for brick and mortar facilities with the use of the cloud, but without cutting out the much-needed agents that run it. Instead of using the internet to replace its brokers and agents, EXPI is using it as a tool to maximize agent-ownership, and agents love it.
EXPI is the first company to ever use 3D, fully immersive cloud-based tools and techniques that allow agents to meet colleagues, share advice, learn through virtual classes, and build strategies to further grow their businesses. EXPI has created this business model not to cut out the middleman, but to show Americans that relying less on traditional offices and adopting technological advancements offer significant benefits to both business growth and customer satisfaction.
For more information, visit the company’s website at www.eXpWorldHoldings.com
Most businesses across numerous industries would agree that the internet has disrupted them in one way or another, either positively or negatively. Some believe the internet has led to technological advancements never seen before that have enabled them to cut costs, keep their information safe, and make certain day-to-day tasks easier. Others have seen the internet lead to an increase in unemployment, more space for security breaches, and a lack of human touch when it comes to interactions with consumers.
But how has the proliferation of the internet disrupted those in the real estate industry? Recent studies (http://dtn.fm/0wF0F) show that real estate agents in the U.S. are still receiving their usual 5% to 6% commission on home sales, and, despite the internet having had a negative impact on many of the middlemen from various industries, the commission that real estate agents receive has increased since the early 2000s. Although many assumed real estate agents would struggle because of the internet, the number of agents has actually grown by more than 50% in the past 20 years.
What many have not realized is that the internet has affected the industry as a whole, but has not affected the ever-growing need for agents. The internet has changed the way agents work and interact with their clients for the better, because, although consumers are doing more of the home buying research online, they still have a big decision to make, and therefore turn to agents and brokers for help. More has also been done by real estate companies in terms of advertising to keep the focus on their agents, for example, Century 21’s “Good Luck, Robots” TV commercial (http://dtn.fm/aDtl9).
eXp World Holdings, Inc. (OTCQB: EXPI) is showing the importance of real estate agents and brokers through a different approach, by embracing technology and using it to leverage the ability of agents. The rapidly growing company (its agent roster is expected to double in this year alone) has been referred to as the “Amazon” of real estate. It’s an agent-owned brokerage that has cut out the need for brick and mortar facilities with the use of the cloud, but without cutting out the much-needed agents that run it. Instead of using the internet to replace its brokers and agents, EXPI is using it as a tool to maximize agent-ownership, and agents love it.
EXPI is the first company to ever use 3D, fully immersive cloud-based tools and techniques that allow agents to meet colleagues, share advice, learn through virtual classes, and build strategies to further grow their businesses. EXPI has created this business model not to cut out the middleman, but to show Americans that relying less on traditional offices and adopting technological advancements offer significant benefits to both business growth and customer satisfaction.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monday, April 10, 2017
Will Monaker Group, Inc. (MKGI) Disrupt and Transform the ALR Market?
It’s not just the size, but also the demand and margins involved in the alternative lodging rental (ALR) market that are impressive. Providing a platform where travelers can rent private homes and other non-traditional lodging has proved to be disruptive and transformative to the travel industry. The number of users just keeps growing while home owners and travelers mutually benefit, and the platform providers generate enormous revenues due to higher margins.
The obvious elephant in this arena is Airbnb, which has grown from inception 10 years ago to a valuation of more than $30 billion. Because of the size and demand in the ALR market, other players like HomeAway, Priceline, and FlipKey have staked out territory. Airbnb has about 2.5 million ALR listings in inventory, including homes and rooms of private owners. HomeAway has about 1.2 million ALR listings, while Priceline has around a half million and FlipKey has 700,000. However, unlike hotels, each of these platforms relies on the private property owner to provide confirmation to the traveler, a process which can take days to complete. This doesn’t sit well with travelers trying to nail down travel details. In fact, a recent article in tnooz travel (http://dtn.fm/ULTi5) showed that, no matter how much they may like the economy and locational advantages typically offered by alternative lodging rentals, travelers really desire the convenience and ease of one-stop booking and instant confirmation, as provided by travel agencies.
One upstart travel company is about to deliver exactly what customers want and, in the process, could disrupt and transform the ALR market and perhaps the entire travel industry. Technology-driven Monaker Group, Inc. (OTCQB: MKGI) has more than 60 years of operational experience serving the tourism industry. This has given Monaker valuable insights into how to best serve today’s traveler and how to deliver ALR options on customer terms. Through its flagship ALR brand, NextTrip, Monaker currently offers about a million ALR listings with another 1.8 million-plus listings in process to be delivered to the travel industry’s fastest growing sector. More importantly Monaker Group’s unique ALR platform, NextTrip.com, is the only platform to offer travelers real-time booking of ALR properties, plus full access to traditional travel lodgings and transportation options, effectively encompassing everything needed to plan and organize vacations. By combining immediate ALR confirmation with all other travel options such as airlines, cruises, concierge services, and rental cars, Monaker will be able to provide the first true all-in-one online booking site.
The tnooz article also highlighted some other shortcomings of current ALR platforms. Survey results showed that over half of respondents would find it valuable if online travel agencies offered ALR options, while less than five percent of business travelers were given ALR options and a third would utilize ALR if offered. Presciently, Monaker already addressed these consumer concerns by delivering white label, real-time ALR solutions to Mark Travel and another 85,000 independent travel agents, in addition to providing links to over 200 corporations. Monaker facilitates the complexity of multiple bookings with multiple variations through integration with artificial intelligence travel platforms.
Monaker, given such technical and strategic innovations in an enormous market, represents breakthrough potential at a bargain price for investors. The company trades in the small cap market with about 11 million shares outstanding and about 6 million shares in the float. Estimates show unusually high insider ownership at around 68 percent of the company. That rate of insider ownership suggests that management and other insiders are convinced that they are on the cusp of disrupting and transforming the ALR market and reaping huge rewards in the process.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The obvious elephant in this arena is Airbnb, which has grown from inception 10 years ago to a valuation of more than $30 billion. Because of the size and demand in the ALR market, other players like HomeAway, Priceline, and FlipKey have staked out territory. Airbnb has about 2.5 million ALR listings in inventory, including homes and rooms of private owners. HomeAway has about 1.2 million ALR listings, while Priceline has around a half million and FlipKey has 700,000. However, unlike hotels, each of these platforms relies on the private property owner to provide confirmation to the traveler, a process which can take days to complete. This doesn’t sit well with travelers trying to nail down travel details. In fact, a recent article in tnooz travel (http://dtn.fm/ULTi5) showed that, no matter how much they may like the economy and locational advantages typically offered by alternative lodging rentals, travelers really desire the convenience and ease of one-stop booking and instant confirmation, as provided by travel agencies.
One upstart travel company is about to deliver exactly what customers want and, in the process, could disrupt and transform the ALR market and perhaps the entire travel industry. Technology-driven Monaker Group, Inc. (OTCQB: MKGI) has more than 60 years of operational experience serving the tourism industry. This has given Monaker valuable insights into how to best serve today’s traveler and how to deliver ALR options on customer terms. Through its flagship ALR brand, NextTrip, Monaker currently offers about a million ALR listings with another 1.8 million-plus listings in process to be delivered to the travel industry’s fastest growing sector. More importantly Monaker Group’s unique ALR platform, NextTrip.com, is the only platform to offer travelers real-time booking of ALR properties, plus full access to traditional travel lodgings and transportation options, effectively encompassing everything needed to plan and organize vacations. By combining immediate ALR confirmation with all other travel options such as airlines, cruises, concierge services, and rental cars, Monaker will be able to provide the first true all-in-one online booking site.
The tnooz article also highlighted some other shortcomings of current ALR platforms. Survey results showed that over half of respondents would find it valuable if online travel agencies offered ALR options, while less than five percent of business travelers were given ALR options and a third would utilize ALR if offered. Presciently, Monaker already addressed these consumer concerns by delivering white label, real-time ALR solutions to Mark Travel and another 85,000 independent travel agents, in addition to providing links to over 200 corporations. Monaker facilitates the complexity of multiple bookings with multiple variations through integration with artificial intelligence travel platforms.
Monaker, given such technical and strategic innovations in an enormous market, represents breakthrough potential at a bargain price for investors. The company trades in the small cap market with about 11 million shares outstanding and about 6 million shares in the float. Estimates show unusually high insider ownership at around 68 percent of the company. That rate of insider ownership suggests that management and other insiders are convinced that they are on the cusp of disrupting and transforming the ALR market and reaping huge rewards in the process.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Wednesday, April 5, 2017
eXp World Holdings, Inc. (EXPI) Projects Agent/Broker Count Will Rise To 5,500-6,500 By Year End 2017
In its recent presentation at the MicroCap Conference in New York, eXp World Holdings, Inc. (OTCQB: EXPI) projected that its count of agents/brokers would be in the range of 5,500-6,500 by the end of this year, according to Glenn Sanford, CEO and company founder. eXp World Holdings is the holding company for eXp Realty LLC and eXp Realty of Canada, Inc. Through these subsidiaries, EXPI operates as a unique 24/7 cloud-based brokerage company that enables agents to earn company stock through production and offers them a percentage of gross commissions earned by other agents they attract into the company. eXp World Holdings finished its year ended December 31, 2016, with 2,401 agents/brokers, and, by March 15, 2017, that number had grown to more than 3,000. The company operates in 43 U.S. states, the District of Columbia, and Alberta, Canada.
Sanford said that EXPI’s count of agents/brokers is mushrooming due to several factors. The firm offers stock incentives to agents/brokers and a share of commissions earned by new agents they attract to the company. It also offers low costs versus traditional brick-and-mortar models and immersive 3D cloud campuses for more effective and available training and communication. It represents a significant change from the traditional real estate office model, he told conference attendees, indicating that a high-tech “perfect storm” helped inspire the inception of this different approach to the realty brokerage based on a cloud platform.
Traditionally, the broker/owner or manager of a real estate office is responsible for the growth of agent count, he explained. In EXPI’s model, all agents are actively involved in recruiting others to join. Attractive features to new agents include lower costs, high technology training, stock options, and a cloud-based campus. Two of the Wall Street Journal’s Top 50 real estate agents have now joined the company, he said.
Sanford told conference attendees that the firm’s agents tend to be younger, closer to 40 years of age, as opposed to the typical agent of about 54. He said its three-year vesting program is attractive to new agents, as are the prospects of earning options on company stock and receiving a percentage of commissions earned by company agents they recruit. The three-year vesting is an important tool to retain agents, he said. It serves as an incentive to stay. He also noted that the average commission earned on a sale is a healthy $9,000.
He added that there remains plenty of room for growth for the company, saying that its largest market is currently Texas, where it has more than 800 agents — almost one third of the company. By comparison, in the New York/Connecticut market, he said, the firm has little presence today and only a handful of agents.
For future growth as the company expands, Sanford noted that EXPI is investing in eight or nine developers who are working on a new back-end platform for the company. Sanford said that, because it is cloud-based, the company can quickly grow into any market without the traditional costs of brick-and-mortar.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Sanford said that EXPI’s count of agents/brokers is mushrooming due to several factors. The firm offers stock incentives to agents/brokers and a share of commissions earned by new agents they attract to the company. It also offers low costs versus traditional brick-and-mortar models and immersive 3D cloud campuses for more effective and available training and communication. It represents a significant change from the traditional real estate office model, he told conference attendees, indicating that a high-tech “perfect storm” helped inspire the inception of this different approach to the realty brokerage based on a cloud platform.
Traditionally, the broker/owner or manager of a real estate office is responsible for the growth of agent count, he explained. In EXPI’s model, all agents are actively involved in recruiting others to join. Attractive features to new agents include lower costs, high technology training, stock options, and a cloud-based campus. Two of the Wall Street Journal’s Top 50 real estate agents have now joined the company, he said.
Sanford told conference attendees that the firm’s agents tend to be younger, closer to 40 years of age, as opposed to the typical agent of about 54. He said its three-year vesting program is attractive to new agents, as are the prospects of earning options on company stock and receiving a percentage of commissions earned by company agents they recruit. The three-year vesting is an important tool to retain agents, he said. It serves as an incentive to stay. He also noted that the average commission earned on a sale is a healthy $9,000.
He added that there remains plenty of room for growth for the company, saying that its largest market is currently Texas, where it has more than 800 agents — almost one third of the company. By comparison, in the New York/Connecticut market, he said, the firm has little presence today and only a handful of agents.
For future growth as the company expands, Sanford noted that EXPI is investing in eight or nine developers who are working on a new back-end platform for the company. Sanford said that, because it is cloud-based, the company can quickly grow into any market without the traditional costs of brick-and-mortar.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Tuesday, April 4, 2017
Monaker Group, Inc. (MKGI) Positioned for Success in Booming ALR Market
With 2.3 million listings and a valuation of more than $30 billion, Airbnb has become the behemoth of the alternative lodging rental (ALR) industry. Concocted 10 years ago to supplement rent, the idea of renting lodging from private home owners has taken off and turned the travel industry on its head. Renting a room or an entire house has gained widespread public acceptance. By providing vacationers with better options and home owners with newfound income, high-margin revenues can be generated by the intermediary. Naturally, this mutually beneficial arrangement for owners and renters has spurred competition in the alternative lodging rental arena. Multiple companies now offer varying forms of online alternative lodging rentals. The ALR market has proven to be so large and lucrative that the owner of one of the world’s largest travel websites, Expedia, acquired HomeAway’s ALR platform for $3.9 billion in 2015.
Even with large valuations for the companies, traditional ALR booking has drawbacks for travelers. Ongoing irritants include the need to employ multiple sites to arrange lodging, airlines, cruises, concierge services, and rental cars. Delayed lodging and travel confirmation is also a continuing source of consternation with travelers trying to book vacation packages. Often taking days or even weeks, travelers can’t even start to arrange for transportation or other services until after confirmation of lodging. In spite of this quandary, most ALR sites require users to fend for themselves when trying to create and book a comprehensive vacation itinerary.
The stand-out strength of Monaker Group (OTCQB: MKGI) is that it has managed to eliminate these irritants and delays. Monaker now offers a first in the ALR market: instant confirmation for ALR booking. Monaker Group’s unique ALR platform offers these services through its innovative, real-time booking platform NextTrip.com. The company then brings this unmatched new tool into the mainstream travel industry, merging it with conventional travel bookings, so that NextTrip.com is the only platform to offer travelers real-time ALR booking plus access to all the other conventional travel and lodging options needed to plan and organize vacations. There’s nothing else like it.
A technology driven, comprehensive travel company, Monaker Group utilizes multiple divisions and brands, leveraging its more than 60 years of operation in leisure travel, to serve the tourism industry. Decades of experience have given Monaker invaluable insights into how to best serve today’s traveler. On the high end, the company provides highly customizable tours, escorted vacations and travel solutions through its Maupintour subsidiary. Monaker’s Extraordinary Vacations Group (EXVG) platform will soon exploit a largely untapped market by providing timeshare owners the ability to market their unused timeshare, fractional, condo-hotel units to travelers, while the company’s Voyage TV division, with thousands of hours of worldwide travel footage, is utilized to enhance and market travel services across all of the company’s brands.
In the large and lucrative ALR market, Monaker’s real-time booking innovations and comprehensive one-stop services have given Monaker a new and unique position in the travel industry.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Even with large valuations for the companies, traditional ALR booking has drawbacks for travelers. Ongoing irritants include the need to employ multiple sites to arrange lodging, airlines, cruises, concierge services, and rental cars. Delayed lodging and travel confirmation is also a continuing source of consternation with travelers trying to book vacation packages. Often taking days or even weeks, travelers can’t even start to arrange for transportation or other services until after confirmation of lodging. In spite of this quandary, most ALR sites require users to fend for themselves when trying to create and book a comprehensive vacation itinerary.
The stand-out strength of Monaker Group (OTCQB: MKGI) is that it has managed to eliminate these irritants and delays. Monaker now offers a first in the ALR market: instant confirmation for ALR booking. Monaker Group’s unique ALR platform offers these services through its innovative, real-time booking platform NextTrip.com. The company then brings this unmatched new tool into the mainstream travel industry, merging it with conventional travel bookings, so that NextTrip.com is the only platform to offer travelers real-time ALR booking plus access to all the other conventional travel and lodging options needed to plan and organize vacations. There’s nothing else like it.
A technology driven, comprehensive travel company, Monaker Group utilizes multiple divisions and brands, leveraging its more than 60 years of operation in leisure travel, to serve the tourism industry. Decades of experience have given Monaker invaluable insights into how to best serve today’s traveler. On the high end, the company provides highly customizable tours, escorted vacations and travel solutions through its Maupintour subsidiary. Monaker’s Extraordinary Vacations Group (EXVG) platform will soon exploit a largely untapped market by providing timeshare owners the ability to market their unused timeshare, fractional, condo-hotel units to travelers, while the company’s Voyage TV division, with thousands of hours of worldwide travel footage, is utilized to enhance and market travel services across all of the company’s brands.
In the large and lucrative ALR market, Monaker’s real-time booking innovations and comprehensive one-stop services have given Monaker a new and unique position in the travel industry.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
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