The travel and tourist industry is one of the largest industries in the world, with a global annual contribution in the trillions of dollars according to Statista (http://nnw.fm/xQ1DT). Solely considering international travel, there are over a billion international tourist arrivals worldwide each year. People book their accommodation according to price, ratings, previous experiences, and other parameters, and the type of travel varies widely, from high-end to low.
This leads us to the topic of backpacking. Backpacking was often considered a form of hiking or camping holiday. Today, it is one of the trendiest ways to travel among people of all ages. With this rising trend comes the advent of new forms of backpacking such as “flashpacking” and “poshpacking.” These terms are used for the more affluent backpackers who do not necessarily need to travel on a small budget but still choose the freedom attached to this form of travel.
Thanks to the evolution of technology, more and more people are traveling light without having to give up comfort. The world of the digital nomad is here and the travel industry is gearing up to capitalize on these emerging trends. In recent years, companies have increased the technological interaction with their consumers making everything more accessible online.
Aside from the rise of technology, different levels of backpacking have become more accessible thanks to the introduction of cheaper flights, trains, buses, hotels, hostels and dining opportunities. These are marketed online to budget travelers and often include the option to make all-inclusive bookings through one platform. To the new-age flashpacker, it’s becoming a way of life. Travelers today are not isolated. They are followed by a digital world full of tools.
According to The Future of Backpacking by Ferda Van Vaals (http://nnw.fm/zkmS4), some of the new characteristics expected by 2030 include infrastructure expansion, greater tourist mobility, and growing global tourism and destinations. In other words, the world will continue to become more accessible, and more people will value experience rather than just material possessions.
Who makes such expanding ease of travel possible? Today there are thousands of travel agencies, both online and in-shop, in millions of locations. Online travel agencies are making travel more accessible thanks to the options to book flights, accommodation, and other factors through the Internet. However, backpackers today want more. Travel agencies are reigning in and offering all-inclusive booking facilities online, making the booking process, easier, quicker and often cheaper.
Monaker Group, Inc. (OTCQB: MKGI) is a technology travel company on the leading edge of these ever-changing holiday booking trends. The company is made up of multiple divisions and brands offering a real-time booking engine featuring a wider and creative range of lodgings for a variety of backpackers, flashpackers, and holiday makers. In addition to this, the company allows consumers to book from an array of airlines, hotels, cruises, rental cars, tours, and much more.
The company’s flagship brand, NextTrip.com, is the industry’s first and only real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshare inventory), as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. These features are combined into a single, easy-to-use platform that gives travelers complete real-time control when planning and booking their vacations.
Most NextTrip listings are in desirable locations in the U.S., the EU and the Caribbean with about 20% exclusive listings, and the company anticipates rapid exclusive listing growth because of its competitive edge, proprietary solutions, and interest in strategic partnerships and acquisitions, in addition to new travel trends.
The company recently launched its own Monaker Booking Engine and Premium Service for property owners, opening its offerings up to an even broader variety of consumers.
For more information, visit www.MonakerGroup.com.