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SOL MELIA ANNUAL REPORT 00 COMP

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<strong>SOL</strong> MELIÁ IN THE 21ST. CENTURY · <strong>COMP</strong>LETING THE E-TRANSFORMATION<br />

A Company for the New Millennium:<br />

completing the E-transformation<br />

t<br />

The first few years of the 21st. century will see the<br />

consolidation of the Internet as a channel for an<br />

important volume of sales transactions. In this new<br />

economy, the only companies that will remain competitive<br />

are those that have been able to adapt their<br />

organisation to the requirements of the emerging<br />

market and whose structure is sufficiently flexible<br />

and open to grow along with it. Fully aware of the<br />

need for change to face the new future, in the year<br />

2<strong>00</strong>0 Sol Meliá began an ambitious “e-transformation”<br />

process which is now nearing completion.<br />

Given that an optimum performance would never<br />

be possible without solid internal infrastructure,<br />

the company is also finalising the renovation of all<br />

of its computer systems to create a single, unified<br />

and integrated platform which will provide cost<br />

reductions, accelerate processes and store and<br />

process enormous amounts of information. This<br />

new nucleus will avoid loss of information, external<br />

filtration and pirate programmes. The final<br />

stage of the integration of SAP (System<br />

Application Programme) will take place over the<br />

next couple of months, allowing the automation<br />

of most of the company’s principal functions.<br />

“Sol Meliá is<br />

modernising its<br />

entire technological<br />

platform in order to<br />

prepare the company<br />

for a new era and<br />

face the challenges of<br />

the 21st. century in<br />

optimum conditions.<br />

This commitment<br />

will allow us to fully<br />

adapt our internal<br />

and external<br />

management to new<br />

technologies and<br />

really become a<br />

“solmelia.com”.<br />

”<br />

Hervé Imbert,<br />

Executive Vice President<br />

Information Systems<br />

In parallel with these internal changes, the company<br />

is also working on several important initiatives<br />

on both the Sell Side (clients) and Buy Side<br />

(suppliers) to change the way that we do business.<br />

On the Sell Side, the use of new technologies in<br />

different aspects of the company’s business is<br />

expected to generate significant increases in<br />

revenues and reductions in distribution costs:<br />

SolRes.- The central reservations system<br />

rebuilt using latest generation technology and with<br />

a centralised structure operating 24 hours a day.<br />

www.solmelia.com.- The fourth generation<br />

of the website will personalise interactions<br />

with users as they make real time reservations<br />

and greatly extend the information available on<br />

the company and its hotels.<br />

meliaviajes.com.- A new multi-channel<br />

travel agency aiming to become market leader<br />

providing a wide range of destinations and holiday<br />

experiences tailor-made for customers on an<br />

individual basis.<br />

Sol Meliá and Telefónica Data have reached an<br />

agreement to implement the “SolNet” network<br />

allowing an “on line” connection of all of the<br />

company’s hotels in 30 countries on 4 continents<br />

as well as its different corporate offices. The creation<br />

of a modern global network will increase<br />

the efficiency of internal communications while<br />

also generating important savings in time and<br />

money. It will also ensure the receipt of more<br />

reliable information both on guests and on internal<br />

operations, and, in the short-term, allow<br />

direct Internet access for all guests from their<br />

hotel rooms.<br />

Loyalty programmes.- The consolidation<br />

of company Loyalty Programmes is another<br />

of the objectives of the e-transformation.<br />

Members are already able to access all of the<br />

information on programmes through the website<br />

(www.solmelia.com) as well as checking their<br />

account.<br />

The company is also actively supporting joint<br />

ventures or alliances in new technology ventures<br />

with market leaders in different sectors of the<br />

economy that are expected to add value to the<br />

products and services provided by Sol Meliá.<br />

S OL<br />

M ELIÁ<br />

A NNUAL R EPORT 2<strong>00</strong>0<br />

54

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