Monaker Group, Inc. (MKGI) Set to Disturb Travel Distributio Monaker Group, Inc. (MKGI) Set to Disturb Travel Distribution Technology Market
Alternative Lodging Rentals (ALRs) have taken over as a hot topic in the world of tourism. ALR offers customers a more flexible approach to vacations. Depending upon the location, travel consumers can often find larger accommodations for less money, with more facilities such as kitchens, outdoor spaces, and multiple bedrooms and bathrooms throughout the rented space.
Despite different types of travelers looking for different features in their vacation rentals, a recent survey in Tripping.com found that nearly all travelers like to have the same basic things (https://dtn.fm/7Ce50). Although many of those surveyed highlighted the need for a kitchen, good value for their money, a decent level of privacy, and a lot of space, the need for on-site technology was not far behind. Many people like to stay plugged in while away, and this is not limited to just the internet. While Wi-Fi is a major factor, cable and HDTV also came in high on the list of ALR requirements. Also, more than a quarter of those surveyed said they look for smart features when booking an ALR, including smart security systems, smart entry, and smart electronics such as TV.
However, the modern traveler’s tech needs go beyond the accommodation itself. It starts on the booking platform. We live in a world where customers have been given the technology to place orders and book experiences with the click of a button. According to Jen O’Neil from Tripping.com, “Recent trends show that travelers of all ages are gravitating toward the instant booking model, so we expect that the vast majority of properties will be booked instantly within the next few years.”
Unfortunately, booking ALR properties has not traditionally been that easy. Often, customers have to submit a request to the landlord or property manager, discuss their needs, apply to book the property, and wait for approval. Luckily, Monaker Group, Inc. (OTCQB: MKGI) recently announced that it will soon be launching a real-time booking system whereby customers can book their ALR accommodations and get instant confirmation, just as with air travel or hotels.
In addition, Monaker, through its flagship NextTrip.com, will be giving business and vacation travelers the chance to not only book ALR, but all other travel bookings, such as flights, tours, car rentals, and more. This new system will be the first of its kind, becoming the one-stop travel shop for all consumer needs.
For more information, visit the company’s website at www.MonakerGroup.com
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