Five Major Distributors Now Integrated with Monaker’s B2B Vacation Rental Booking
WESTON, FL, Dec. 19, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Monaker Group, Inc. (NASDAQ: MKGI), a
technology leader in the travel and vacation rental markets, today announced it has gone live with three additional travel
distributors that can now search and instantly book from Monaker’s inventory of more than one million contracted vacation rental
properties. This brings the total to five major distributors integrated with the Monaker Booking Engine (MBE), with 10 more
currently engaged in the integration process.
Based in North America, Europe and the Middle East, the three new distributors are a hotel consolidator, a travel consolidator
and a tour company.
Monaker provides these travel companies a “much sought-after complement” to their current offerings: the
first-to-market Business-to-Business solution giving them the ability to instantly book commissionable vacation rentals within
their existing reservation systems. Because the Monaker inventory bookings are instantly confirmed, rather than waiting hours or
even days for property owners to respond, the vacation rental can also be seamlessly booked alongside air, car and other travel
reservations as a complete package.
Integrated travel distributors and their downstream partners with established travel booking platforms
(aggregators, consolidators, online travel agencies and travel agents) can search and book from Monaker’s growing global inventory
comprising vacation rental homes, villas, chalets, apartments, condos, resort residences, and even castles. The company also
expects to report a meaningful increase to its available instantly bookable vacation rental inventory in early 2019.
“These latest integrations broaden the availability of our vacation rental properties to hundreds of thousands of
new travel customers,” said Monaker CEO Bill Kerby. “We believe we are on track to have all 15 integrated partners launched into
the peak booking season that begins in January each year. Once all the 15 initial distributor integrations are completed, we expect
to see our vacation rental inventory being instantly bookable by hundreds of travel companies and travel platforms in the tour,
cruise, hotel and airline sectors, as well as over 300,000 travel agents globally.”
About Monaker Group
Monaker Group, Inc., is a technology-driven travel company focused on delivering innovation to the alternative
lodging rental (ALR) market. The Monaker Booking Engine (MBE) provides access to more than one million instantly bookable vacation
rental homes, villas, chalets, apartments, condos, resort residences, and castles. MBE offers travel distributors and agencies an
industry first: a customizable, instant-booking platform for alternative lodging. For more about Monaker Group, visit www.monakergroup.com.
Important Cautions Regarding Forward Looking Statements
This release includes ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current
expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking
words including ''will,'' ''may,'' ''expects,'' ''projects,'' ''anticipates,'' ''plans,'' ''believes,'' ''estimate,'' ''should,''
and certain of the other foregoing statements may be deemed forward-looking statements. Although Monaker believes that the
expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may
cause actual future activities and results to be materially different from those suggested or described in this news release.
All forward-looking statements are expressly qualified in their entirety by the “Risk Factors” and other cautionary statements
included in Monaker’s annual, quarterly and special reports, proxy statements and other public filings with the Securities and
Exchange Commission (“SEC”), including, but not limited to, the company’s Annual Report on Form 10-K for the period ended February
28, 2018 and the company's subsequently filed Quarterly Reports on Form 10-Q, which have been filed with the SEC and are available
at www.sec.gov. Investors are cautioned that any forward-looking statements are not guarantees of
future performance and actual results or developments may differ materially from those projected. The forward-looking statements in
this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking
statements, except as required by law, or those prepared by third parties that are not paid for by the company.
Company Contact: Monaker Group, Inc. Richard Marshall Director of Corporate Development Tel (954) 888-9779 Email: rmarshall@monakergroup.com MKGI Investor Relations & Media Contacts: CMA Investor Relations Ronald Both or Grant Stude Tel (949) 432-7557 Email: MKGI@cma.team Chesapeake Group Tel (410) 825-3930 Email: info@chesapeakegp.com
