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Critical Challenges Faced by Hotel Owners in India

The article discusses the critical challenges faced by hotel owners in India broadly categorised under Funding, Development, Human Capital and Operator Management Contracts, highlighting three priority issues under each.
Manav Thadani, Chairman - HVS Asia Pacific, joined the company in 1995 in its New York Office. He went on to start the India operations in 1997 and was HVS’ first employee in Asia. Over the last 19 years, HVS India has expanded into multiple verticals including Strategic Consulting, Executive Search, Marketing, Communications, Energy & Sustainability and Professional Skills Development. In his current role, Manav oversees all eight offices across Asia Pacific, ensuring that they operate cohesively and effectively. Additionally, he runs four conferences in the region – Hotel Investment Conference - South Asia (HICSA); Hotel Operations Summit India (HOSI); Tourism, Hotel Investment & Networking Conference (THINC) Indonesia, and Tourism, Hotel Investment & Networking Conference (THINC) Sri Lanka. A pioneering entrepreneur and an effective leader, Manav has been a trusted advisor to various industry stakeholders, with his candid views being highly sought after and respected in the field of hospitality. Under his guidance, HVS has garnered the reputation of being the ‘Go To’ hospitality consulting firm in this part of the world. On a personal level, Manav co-founded SAMHI in 2011, a leading Indian hotel investment and development firm with focus on ownership of branded hotels in the mid scale and economy segments across key cities. Manav is also the immediate past Chairman of the World Travel & Tourism Council - India Initiative (WTTCII). Contact Manav at mthadani@hvs.com

About Juie Mobar

Juie S. Mobar is Associate Director - Special Projects with HVS’ New Delhi office. She has spent five years with the company starting as a Consulting & Valuation Analyst. In addition to having worked on feasibility studies, valuations, market studies and operational audits in the past, Juie has been actively involved in operator search and management contract negotiations, research-based assignments and select work for HVS Sustainability. She completed her Management Trainee Program with the Taj Group in 2006, and holds a BA (Hon) in Hotel Management from the Institute of Hotel Management Aurangabad (University of Huddersfield, UK) and Bachelors in Business Administration from Marathwada University. jmobar@hvs.com

2 Comments

  1. SangeetaFeb 10, 2014

    guided document for understanding the challenges one faces being a owner of a hotel

  2. sandip sahebrao tapkirAug 1, 2016

    FOR RESEARCH PAPER

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