 WESTON, FL, March 18, 2020 GLOBE NEWSWIRE -- via NEWMEDIAWIRE -- Monaker Group, Inc. MKGI, a technology leader in the travel and vacation rental markets, is providing its industry partners, stakeholders and shareholders with an update on its recent corporate initiatives and response to the coronavirus COVID-19 pandemic. The COVID-19 outbreak is having an enormous impact on the travel industry, ranging from hotels and cruise ships temporarily suspending operations to airlines discontinuing flights in many regions. Given our focus on the leisure ALR market and anticipating a return to more normalized market conditions over the coming months, Monakers strategy continues to center around strengthening its position as an industry leader for instantly bookable and confirmed reservations for alternative lodging and vacation home rentals. 