SOL MELIA ANNUAL REPORT 00 COMP
SOL MELIA ANNUAL REPORT 00 COMP
SOL MELIA ANNUAL REPORT 00 COMP
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<strong>SOL</strong> MELIÁ IN THE 21 ST.<br />
CENTURY · BRAND STRUCTURE CHANGE<br />
t<br />
Simplifying things:<br />
New Sol Meliá Brand Structure<br />
The rapid growth enjoyed by Sol Meliá in recent<br />
years together with the development of the<br />
international hotel industry in general brought<br />
the company around to analysing its hotel portfolio<br />
and considering the possibility of introducing<br />
certain modifications aimed at simplifying<br />
and better segmenting its hotel products.<br />
After the purchase of Tryp Hotels, the incorporation<br />
of a new group of hotels provided an ideal<br />
opportunity for revisiting the subject of brand<br />
structure with the assistance of Infratest Burke,a<br />
world leader in ad-hoc market research and strategic<br />
brand positioning, and analysing the market<br />
perception of company brands and the characteristics<br />
they are felt to have.<br />
The results of the analysis made it very clear that<br />
the Meliá brand is extremely well known and<br />
respected and that the Meliá Confort brand is<br />
associated with Meliá but transmits no clear<br />
notion of the services its hotels might provide<br />
nor its category. The Tryp brand is very clearly<br />
associated with city locations and functional<br />
hotels. Sol and Sol Élite hotels are not seen to be<br />
any different from each other, while Sol Inn is a<br />
brand with limited recognition and confusion<br />
over its nature.<br />
The research also showed how the international<br />
hotel market concentrates a large number of<br />
properties in a limited number of brands and<br />
uses the concept of sub-brands for specialist<br />
market segments such as health, golf and congresses,<br />
amongst others.<br />
“Sol Meliá has<br />
decided to simplify<br />
and clarify its<br />
brand structure,<br />
eliminating those<br />
brands that may<br />
have created<br />
confusion or lacked<br />
high brand<br />
awareness, and<br />
repositioning the<br />
remaining brands<br />
in the market niches<br />
to which they are<br />
best suited”<br />
”<br />
Sebastián Escarrer,<br />
Vice Chairman<br />
1<strong>00</strong> (90)<br />
157 (111)<br />
8 (3)<br />
BRANDS - CATEGORY - SECTOR<br />
BRAND CITY RESORT<br />
Paradisus Resorts: exceptional “all inclusive”<br />
hotels located in exotic and very special<br />
destinations.<br />
Meliá Hotels & Resorts: prestigious,<br />
luxury hotels in the five star and superior four<br />
star categories, especially suitable for meetings<br />
and conventions.<br />
Tryp Hotels: located in major city destinations,<br />
providing excellent value for money for<br />
business travellers.<br />
Sol Resorts: great value for money and the<br />
widest range of sports and entertainment activities<br />
for the whole family.<br />
155 (137)<br />
5 STAR<br />
ALL INCLUSIVE<br />
5 STAR 5 STAR<br />
SUPERIOR 4 STAR SUPERIOR 4 STAR<br />
4 STAR<br />
SUPERIOR 3 STAR<br />
4 STAR<br />
SUPERIOR 3 STAR<br />
The company will be investing a<br />
total amount of 2,<strong>00</strong>0 million<br />
pesetas in carrying out the<br />
changes required to adapt to<br />
the new brand structure, 4<strong>00</strong><br />
million of which will be<br />
spent on an advertising campaign.<br />
As a result of the conclusions of the research, Sol<br />
Meliá has reorganised its hotel portfolio into a<br />
new brand structure:<br />
Sol Hotels & Resorts<br />
Tryp Hotels<br />
( ) Operating Hotels<br />
Meliá Hotels & Resorts<br />
Paradisus Resorts<br />
S OL<br />
M ELIÁ<br />
A NNUAL R EPORT 2<strong>00</strong>0<br />
49