WESTON, FL – November 5, 2019 – Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, has been invited to present at 11th Annual LD Micro Main Event institutional investor conference being held on December 10-12, 2019 at the Luxe Sunset Bel Air Hotel in Bel Air, California.
Monaker CEO Bill Kerby is scheduled to present on Wednesday, December 11, at 10:20 a.m. Pacific time. He will be joined by the company’s director of corporate development, Richard Marshall, for the presentation and one-on-one meetings with institutional analysts and investors.
The presentation will be also webcast live and available for replay here and via the investor relations section of the company’s website at www.monakergroup.com
Management will discuss how its cloud-based Monaker Booking Engine (MBE) B2B platform provides travel distributors the ability to book commissionable vacation rentals within their existing reservation systems from a worldwide inventory of alternative lodging rental (ALR) properties, commonly referred to as vacation rentals. Since the bookings can be confirmed immediately, rather than waiting hours or even days for property owners to respond as is typical in the industry, the rental can also be seamlessly booked alongside air, car and other travel reservations as a complete package.
Of the 30 global travel distributors which Monaker have contracted since the official launch of MBE last year, 14 have completed their integrations and are able to search inventory and instantly book ALR properties on the system. Given the pent-up demand for a solution like MBE which can be integrated into virtually any existing reservation system, Monaker continues to attract interest by potential travel partners from around the globe. This includes its recently launched content and distribution partnership with RateGain Technologies.
Monaker expects to benefit from the growing demand for ALR and the growth in digital travel sales. The global ALR industry is expected to grow at a 7% compound annual growth rate to $194 billion in 2021, according to Technavio, making it one of the fastest growing sectors in the travel industry. Meanwhile, worldwide digital travel sales are anticipated to climb at a 9.7% compounded annual growth rate to top $817 billion by 2020, reports eMarketer.
The LD Micro Main Event is one of the nation’s largest independent conferences for micro-cap companies, with over 250 names presenting to more than 1,300 attendees. The conference will also feature variety of speakers and panelists discussing topics of interest to investors and issuers, as well as evening social events.
View Monaker’s LD Micro profile here: https://www.ldmicro.com/profile/MKGI
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential events annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe. For more information about LD Micro, go to www.ldmicro.com/events.
About Monaker Group
Monaker Group, Inc., is a technology-driven travel company focused on delivering innovation to the alternative lodging rental (ALR) market. The proprietary Monaker Booking Engine (MBE) provides access to more than 2.6 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 rental. For more about Monaker Group, visit www.monakergroup.com and follow on twitter @MonakerGroup
Important Cautions Regarding Forward Looking Statements
This press release may include “forward-looking statements” which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 current 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, 2019 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.