Friday, January 11, 2019

The Man Who Dreamt & Made it Big- Kulwinder Singh Kohli of Frankfinn Group


Dreams do come true but we need to have the courage to follow them. Dreams are the thing that makes us different from other living beings. Just think about a world without dreams. Dreams have allowed us, humans, to achieve extraordinary heights. We all have dreams but only a few of us have the motivation to convert them into reality. Mr. Kulwinder Singh Kohli is one such person who dreamt & made it big.

Frankfinn’s Non-Executive Chairman, Mr. Kulwinder Singh Kohli came from a humble background. But the passionate entrepreneur in him managed to take Frankfinn Group to new heights. He made Frankfinn 1,500 Crores company from mere 40K that he borrowed from him, friend.

Formerly a professional criminal lawyer, Mr. Kulwinder Singh Kohli decided to jump into entrepreneurship at the age of 31 when most the people of his age were busy climbing the corporate ladder. He launched his first venture Frankfinn Medico Infoservices Pvt. Ltd. in the year 1993 which was a huge success. Mr. Kohli always wanted to expand his business into various industries like education, glamour and so forth. He knew multiple ventures would allow his company to reach a larger group of audience in India and abroad.

He realized the huge potential in the Aviation industry and wanted to explore it fully which led to Frankfinn to the sky as they launched Frankfinn Institute of Air Hostess Training, the World’s No. 1 Air Hostess Training Institute.

Mr. Kulwinder Singh Kohli has always kept his ideas innovative and wasn’t afraid to try out new things. The key principle of Frankfinn Group is to innovate, not imitate– this definitely laid the foundation for Frankfinn’s success. That’s what sets them apart from the rest.

Wednesday, January 9, 2019

Hospitality Industry’s Growth Adversely Impacting the Eco-system : kulwinder Singh Kholi


Sustainability has become one of the most critical issues currently facing our world. Sustainability focuses on the idea of saving and supporting the environment and not abusing it with our modern lifestyle requirements. However, this principle of sustainability has often seen being neglected by the hospitality industry. The natural landscape is destroyed by the construction of new hotels and resorts with little regard for the natural surroundings and local communities.
The Conference of Parties (COP23) on United Nations Climate Change held in late 2017, stated:  the carbon footprint of the hospitality industry be reduced by 66% and 90% by the years 2030 and 2050, respectively, in order to keep global warming below the 2-degree thresholdThe industry needs to realize the importance of ‘going green’ and conserving the resources, not only for the benefit of nature but also to meet the growing demand of the millennial travellers for more responsible and sustainable options. 
As demonstrated by recent surveys, green travel is set to grow. A recent TripAdvisor survey showed that 62% of US travellers always consider the environment when choosing hotels, transportation and meal options. This year, a growth of 36% is projected in the number of people looking for eco-friendly staying options as compared to the previous year. At the same time, the number of people interested in ecological travel is set to increase by 39%. According to Deloitte, 95% of business travellers surveyed believe that the hotel industry should be undertaking “green” initiatives. In fact, 66% of the millennial travellers are willing to pay more to the companies that are committed to creating a positive environmental impact. Hotels that demonstrate a high priority for environmental sustainability develop a greater sense of loyalty from its customers.

Initially, the hoteliers eluded from the need of going green thinking that it would incur great costs without bringing any difference in customer experience. However, the opposite of the both is true. Not only do the consumers prefer sustainable hotels; the renewable-energy related technology has evolved majorly with recent advances made (solar, geothermal, wind, etc.) which have made the use of such alternative resources very economic. In fact, incorporating greener choices and methods helps the hotels by saving on their costs to a great extent.

Recently, there has been an evolution in “green thought” in the hospitality community inspired by multiple factors. The hoteliers have turned their focus to the importance of sustainability as it relates to the environmental, economic and social impact. Hoteliers are trying to provide an enhanced guest experience by integrating the natural elements. Introduction of corporate social responsibility (CSR) programmes, as well as the preference for green buildings for new development projects, shows a remarkable shift in the initiatives towards becoming more sustainable.

Aditi Balbir, MD & Founder, V Resorts says, “Hotels have become more observant about sustainability and are using several measures to reduce the impact on natural resources - for instance, Taj uses recycling plants to produce gas for banquets, Hyatt provides sustainable menus focused on local sourcing and so on. As sustainability garners importance, various hotels chains like ours focus on the creation of circular economies - where local vendors supply directly to the hotel and in doing so, create a market directly for their products”.

The upcoming hotels can put to use eco-friendly concepts at the designing stage itself; while the older hotel structures can also research and incorporate ways to reduce waste and recycle items to become more eco-friendly. Initiatives like going paperless, installing solar panels and motion-sensor electronic devices, water management, minimizing the use of plastic-ware, planting more trees and making terrace gardens, recommending ecological activities to the guests, will help in making a hotel eco-friendly. A streamlined methodology - Hotel Carbon Measurement Initiative – has been adopted by twenty-three global hotels, including Hilton and Marriott – in order to measure the individual carbon footprint of the hotels depending on their locations. Over 15,000 hotels have already adopted this approach. New and smaller hotels should also adopt such methodologies to keep their carbon footprint under check. There are various certifications available that label a hotel as eco-friendly, such as LEED and ECOTEL certifications that have comprehensive principles to follow to ensure that the hotel is environmentally sensitive. Such certifications enable the customers to be aware of a hotel's commitment to environmental principles and also make the eco-audit of the company easier.

The facts like high consumption of energy and water resources, use of consumable goods and creation of perilous waste by the Hospitality sector has a dramatic impact on the eco-system. Its increasing carbon footprint is a matter of prime concern and being ignorant and oblivious towards green initiatives could have a potential negative impact on the business. It is imperative to stay up-to-date with the emerging trends. The hospitality industry needs to be aggressive and agile with their green initiatives in order to stay below the global warming threshold of 2-degree. The concept of sustainability in the hospitality industry is at the forefront of a new socially responsible way to discover the world that seeks more authentic experiences, where conservation and respect of local cultures are clear priorities.