UPDATE: Recruiter.com to Market Monaker's New NextTrip.BIZ Corporate Travel Solution
June 13, 2018 --
WESTON, FL, June 13, 2018 (GLOBE NEWSWIRE) --
Monaker Group (NASDAQ: MKGI), a travel and technology company focused on the alternative lodging rental (ALR) market, has launched a collaborative marketing initiative with Recruiter.com to promote NextTrip.BIZ, Monaker’s corporate travel solution for small to medium businesses (SMBs).
As a leading online global recruiting service and job market technology platform, Recruiter.com has become a trusted brand to thousands of companies and maintains a highly engaged membership base. Through its numerous opt-in social media channels, Recruiter.com has gained more than 10 million followers, many of whom are SMB owners, chief executive officers, chief financial officers, and other C-level decision makers.
“Monaker Group has developed a powerful travel technology platform capable of searching an incredible array of travel suppliers and products while also simplifying travel expense reporting and tracking,” said Recruiter.com CEO Michael Woloshin. "Our clients and followers represent perfect prospects for NextTrip.BIZ. We’re excited to offer such a valuable program, and Recruiter.com will benefit greatly from the savings and convenience as one of the new users of the system."
NextTrip.BIZ can reduce overall business travel costs by as much as 30 percent, with additional operational cost savings delivered through easier and more efficient employee travel management. The platform also enables businesses to incentivize their employees with turn-key travel rewards programs.
The platform provides comprehensive travel management services and aggregates travel offerings based on more than 350 leading global distribution systems and supplier agreements. This results in substantial savings delivered through a single easy-to-use booking and reporting system.
“By partnering with Recruiter.com, a global brand trusted and relied upon by thousands of executives and businesses around the world, Monaker has a unique opportunity to offer SMBs major travel savings and management capabilities previously only available to large enterprises,” said Bill Kerby, CEO of Monaker Group. “Businesses can sign up today and take immediate advantage of this unique corporate travel solution.”
SMBs can create customizable co-branded websites that give employees secure access to exclusive discounted pricing across air, car, hotel, and other ancillary travel services. The new platform will also feature Monaker’s ALR inventory customized for business travellers. ALR is presently at the early stages of adoption by the business community but is increasingly sought as a cost-saving solution for business and convention travel. ALR inventory will be made available on the SMB platform with the release of the second-generation API, which will integrate the Monaker Booking Engine. The new API will allow dynamic packaging of ALR properties with air, car, and other travel activities.
Recruiter.com, Inc., is an online global recruiting service that offers an industry-leading job market technology platform. With a highly engaged membership base, Recruiter.com works with hundreds of clients and employers and manages a social media following of more than 10 million people. Recruiter.com was voted “Top Tech Company to Watch” by the Connecticut Technology Council, cited as one of the “Top 35 Most Influential Career Sites” by Forbes, and listed by Inc. as one of the “9 Best Websites for Finding Top Talent.” The career, HR, and recruiting experts of Recruiter.com have been cited and featured in hundreds of sites and publications, including The Wall Street Journal, Entrepreneur, Forbes, Mashable, Business Insider, Inc., Fox Small Business, Time, The Next Web, Yahoo Small Business, US News, Business2Community, Bloomberg, and SmartBrief. Visit https://www.recruiter.com or follow Recruiter.com on Twitter: @RecruiterDotCom.
Monaker Group is a technology-driven travel company focused on delivering innovation to the alternative lodging rental (ALR) market. The Monaker Booking Engine (MBE) has contracted 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, visit www.monakergroup.com.
Important Cautions Regarding Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. 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, 2017, which has been filed with the SEC and is available at www.sec.gov.
CONTACT: Company Contacts: Monaker Group, Inc. Richard Marshall - Director of Corporate Development (954) 888-9779 [email protected] Miles Jennings - Chairman of the Board [email protected] (888) 925-7010 MKGI Investor Relations/Media Contacts: CMA Ronald Both or Grant Stude (949) 432-7557 [email protected] Chesapeake Group (410) 825-3930 [email protected]