Source : Frost & Sullivan
Thursday, February 26, 2015 12:28PM IST (6:58AM GMT)
 
Need for Energy Savings Pushes Indian Hotels to Adopt Guestroom Automation Systems – finds Frost & Sullivan
Integration of energy management with automation solutions will be the next step in this evolving market
 
Mumbai, Maharashtra, India

The Indian hotel guestroom automation market has gained momentum in recent years due to the rising emphasis on service quality and customer satisfaction in the hospitality sector. Although high initial costs hamper market growth, increasing awareness on the long-term benefits of hotel guestroom automation will reduce barriers and open up a customer base for automation systems in Indian hotels.
 
New analysis from Frost & Sullivan, Analysis of the Indian Hotel Guestroom Automation Systems Market (https://www.frost.com/p779), finds that the market earned revenues of INR275 million in 2014 and estimates this to reach INR450.0 million in 2018.
 
For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/PR_EE_Hotel.
 
“Due to rising energy costs, hotel owners in India are implementing innovative smart technologies that will help reduce power consumption, in turn accelerating the adoption of automation,” said Frost & Sullivan Energy and Environmental Industry Analyst, Suganya R. A push from the government in terms of regulatory guidelines regarding the installation of smart solutions in hotels adds to the demand.
 
The integration of automation solutions with energy management systems is gathering pace as the need for energy efficiency and energy savings heightens. Heating, ventilating and air conditioning (HVAC), lighting, window blinds and curtains, audio–visual, and entry/exit are the top five automated applications across most hotels.
 
However, as Indians are primarily concerned about cost, low quality imported products make the market highly vulnerable to price rather than brand and quality, affecting sustainability. Reduced average room rate and low occupancy levels curb revenues, further limiting the acceptance of automation systems. Focus must turn to tier two and three cities as well as non-five-star hotels in order to propel profits back up.
 
“As India intensifies the spotlight on electricity conservation, the market will draw the attention of global competitors,” summarized Suganya. Collaborations and technology sharing at the global level as well as advancements in technology will give rise to real-time services and widen the prospects of hotel guestroom automation solutions in India.
 
For more information on this study, please email Ravinder Kaur / Anita Chandhoke, Corporate Communications, at ravinder.kaur@frost.com / achandhoke@frost.com.
 
Analysis of the Indian Hotel Guestroom Automation Systems Market is part of the Building Management Technologies (http://www.buildingtechnologies.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Building Automation Market, A Sustainability Perspective in the Asia-Pacific Green Buildings Market, and Facilities Management Market in Australia. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
 
About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
 
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
 

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

 
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
 
Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on “the next big thing"
Register:         Gain access to visionary innovation

http://www.frost.com
 
Twitter: @Frost_MENASA
Facebook: FrostandSullivanMENASA

 

 
Media Contact Details

Ravinder Kaur, Corporate Communications – South Asia Frost & Sullivan, ,+91 (44) 66814413 , ravinder.kaur@frost.com

Anita Chandhoke, Corporate Communications Frost & Sullivan, ,+91-8067028020 , achandhoke@frost.com