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Next, Mr. Anurag Bhatnagar, Area General
Manager with Westin Hotels spoke on how and
where a brand should expand. He explained the
scenario of hotel investments made in the
branded segment to an oversupply situation.
Representing the Asian market, Rudiger
Froehning from ALKO Therm GMBH, spoke on
new cooling technology for air conditioning and
ventilation to lower life cycle costs and increase
sustainability. These life cycle costs comprise of
investment, energy, maintenance, cleaning and
displacement costs. He stated the possibility of
sustainable reduction in these costs by “On
Demand Use” ability without compromising on
comfort.
Later Mr. Rajnish Ohri, Managing Director for
Coram India & Mr. Sanjay Sapra, CEO for
Aquanomics Systems showcased their company's
specialized solutions for water management of
spas and swimming pools. They laid emphasis on
the importance of balancing the PH value and also
focused on the new age energy saving pool
technology for all kinds of applications.
Day 1 came to an end with a panel discussion with
panelists – Mr. Rajiv Puri, Mr. Rushabh Shah,
Mr.Beni Agarwal and was moderated by Mr.
Ambarish Raj. The topic of discussion was how
to capitalize on growth opportunities through
innovative investment options. Mr. Shah
initiated the discussion by pointing out that the
industry demand is being fueled by medical
tourism, institutional demand and MICE
segment. Mr. Puri added that with infrastructure
improvement at airport terminals, there will be
a need to establish world class infrastructure to
cater to the possible increase in tourist traffic.
The second theme of discussion was about
alternate investment routes for an “asset light”
model like franchisee stated by Mr. Agarwal, as
compared to investments with “fee based”
model suggested by Mr. Puri. It was felt that a
“single window” licensing system, industry
subsidies from government and a new and