Monaker Group properties rise to 2.6m units

US: Technology-driven travel company Monaker Group says it has increased its available instantly-bookable vacation rental properties to more than 2.6 million units.

It represents an 85 per cent increase in the number of properties that the company has contracted and loaded since Monaker released its next-generation Monaker Booking Engine (MBE) in July 2018.

Monaker Group CEO Bill Kerby said: “Our increase in available inventory is exciting for Monaker and our clients, and is especially timely with the market demand for vacation rentals continuing to grow.

“In late 2018, our first travel distribution partners completed their MBE integrations, and we have seen a steady increase in inventory searches and bookings on our MBE booking platform.

“As more of our contracted distributors and their downstream travel platforms, portals and agents go live, and their travel customers become familiar with the seamless access to vacation rental inventory that we provide through these channels, we anticipate bookings on our platform to steadily increase,” he added.

The company recently reported that seven of the company’s 24 contracted travel distributors have gone live on its booking platform. Furthermore, the remaining 17 are expected to complete their integrations and certifications and go live with transactional business in 2019.

Meanwhile, the company is reported to be continuing discussions with a number of companies for potential distributor contracting and integrations for later in 2019 and into next year.

Kerby said: “We continue working diligently with our contracted partners’ technology teams to help them integrate and deploy our vacation rental products into their platforms.

“As more and more integrations are completed, 2019 is projected to be the key inflection point for our unique B2B model – especially now that we can offer more than 2.6 million vacation rental options to our travel distribution partners and ultimately their travel customers worldwide,” he added.