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Mandalay
Resort Group's Online Room Reservations Soar 25%
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Mandalay Resort
Group, a leading owner and operator of world-class entertainment
destinations, said room reservations made directly over its Web
sites grew by more than 25% in the first half of fiscal year 2003.
A review of
e-commerce at Mandalay Resort Group -- identified last year by Internet
Week as one of the top e-business companies in the United States
-- found that 104,765 reservations were booked directly through
Mandalay Resort Group Web sites in the first two quarters of fiscal
2003, which ended July 31. This represents a 25.4% increase over
the 83,542 reservations made online in the same two quarters a year
earlier.
Visitors to
MBG property Web sites also advanced. In the first two quarters
ended July 31, Mandalay Resort Group counted almost 10 million Web
site visitors, compared to just over 7 million in the corresponding
period last year, a 34% increase.
The quarterly
increases reflect a trend seen in year-to-year figures as well.
Visitors to company Web sites grew to 16.2 million in fiscal year
2002, which ended January 31, from 9.8 million a year earlier.
John Marz, senior
vice president of Mandalay Marketing and Events, attributed the
increases to an aggressive program of strategic improvements designed
to make the sites easier to use and more beneficial to customers.
He added that permission-based e-mail marketing and other online
marketing efforts are successfully attracting customers to the comprehensive
sites. "Our strategy is to maintain industry leadership in
e-commerce," Marz said.
Marz said Mandalay
Resort Group's e-commerce capability extends beyond direct online
room reservations. The company tracks the number of room reservations
made by visitors who view hotel/casino sites but decide to book
over the telephone, using phone numbers listed only on the sites.
In the first half of the fiscal year, the company estimates that
215,382 reservations were made over telephone numbers listed only
on Web sites compared to 123,180 in the comparable period a year
earlier, a 75% increase.
"The results
indicate our e-commerce initiatives are working, as are other elements
of our overall computer-based strategies for growing our business,"
said Glenn Schaeffer, president of Mandalay Resort Group. "The
online services give us valuable customer feedback, which allow
us to develop stronger customer relationships," he said. For
example, one result of the online success is the creation of a valuable
database of visitors who want to be contacted via e-mail.
Last year, Internet
Week recognized Mandalay Resort Group as one of only seven travel-related
companies among the top 100 e-business companies. Of the seven,
only Mandalay Resort Group and two other hospitality companies made
the list: Hilton Hotels and Marriott International. No other Las
Vegas company was listed.
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