NEW ORLEANS At the Hotel E-Supply Chains conference being held here, John Noller, vp/corporate purchasing for Sunstone Hotel Investors told the crowd that the company s e-procurement subsidiary made more than $14 million in e-purchases in the fiscal year 2000. He noted that in 2001, e-purchase volume is expected to rise to $45 million, which would account for approximately 70%-80% of the company s total purchases.
In addition, he said that Sunstone is in the process of developing a new accounting process that will pay suppliers electronically (and automatically). (1/17/01) Diana M. Rodriguez