Mandeep S Lamba, MRICS

Consulting Experience

Mandeep S. Lamba, HVS President of South Asia, oversees the practice in the region and is based in New Delhi, India. Mr. Lamba is a hospitality professional with an established leadership track record of over 35 years in varied roles with international leading organizations, including 17 years in CEO positions. Mandeep has extensive experience in hotel operations, development, strategy, and hospitality advisory, having worked for companies such as Choice Hotels, IHG, and Radisson Hotels before becoming President of ITC Fortune Hotels in 2001. After successfully building the Fortune Hotels midscale brand in India, Mandeep ventured into an entrepreneurial stint for over eight years, setting up joint-venture companies with Dawnay Day Group UK and Onyx Hospitality Thailand before joining Jones Lang LaSalle in 2014 as Managing Director, Hotels & Hospitality Group – South Asia. Mr. Lamba’s current role at HVS involves advising investors on their hospitality-related growth and acquisition strategies; working with hotel owners and operators on asset management and raising debt and equity; consulting on feasibility, valuations and market studies, and participating in HVS’s Executive Search for hospitality and real estate leadership positions. An established industry leader, Mandeep has won several awards and recognitions for his accomplishments and contribution to the hospitality industry. He is a member of the Tourism Council of CII (Northern India) and a member of the Royal Institute of Chartered Surveyors, UK (MRICS). Recently, he was featured in the Hotelier India Power List of the most respected hoteliers in India for the second year in a row. For more information, please contact Mandeep S. Lamba at [email protected].

Press Coverage

Leading the way to survive, revive and resurge, 2020

HVS is much stronger today with stronger and cohesive partners: Stephen Rushmore Jr., 2019

My Articles

HVS Internship Study: Effectiveness of Internship in the Indian Hospitality Sector

Internship is a crucial first step into the Indian hospitality sector for most hospitality students in the country. The HVS internship study explores the perspectives of the different stakeholders - students, industry and academia - to understand the challenges faced by them during internship programs. Additionally, it also identifies the best practices and offers recommendations that can help make the internship program more successful going forward. Read our latest report to know more.

• February 26, 2021 By Mandeep S Lamba , Shalloo Dhillon , Dipti Mohan

• Hotel Operations , Human Resources , Executive Search & Recruitment , Hotel Companies , COVID-19 , India

HVS Monday Musings: Rethinking Heritage Tourism in the Post-COVID India

India is known for its rich heritage and cultural diversity. Heritage tourism has the potential to lead the revival of travel & tourism sector in the country and collaborative efforts by the public and private sectors will be crucial going forward.

• February 14, 2021 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , COVID-19 , India

HVS Monday Musings: Wellness Tourism will Flourish in the Post-COVID Era

The Indian wellness tourism segment has high-growth potential as an increasing number of people are adopting a healthier lifestyle and seeking personalized travel experiences in the post-COVID era. Read on to know more.

• January 17, 2021 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Resorts , COVID-19 , India

HVS Monday Musings: Crystal Gazing into 2021 – Top Trends

This article highlights some of the key trends that we expect to see in the Indian hospitality sector in 2021.

• January 3, 2021 By Mandeep S Lamba , Dipti Mohan

HVS Monday Musings: Indian Hotels Sector – 2020 in Review

2020 has been an unprecedented year with significant disruptions for the Indian hotels sector. The crisis compelled hotels to think unconventionally. As occupancy and RevPAR reached an all-time low, hotels were forced to implement cost optimization techniques and find innovative ways to utilize their assets. The onset of the festive season brought some much-needed cheer towards the end of the year, as people started travelling again, indicating the first signs of a gradual recovery in the sector

• December 27, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: Granting Industry and Infrastructure Status to the Indian Hospitality Sector is the Need of the Hour

The growth of the Indian hospitality sector, a key contributor to GDP and employment, will fuel the economy in the post-COVID world, making a compelling case for the sector being granted infrastructure status – a long-pending request by key stakeholders – and the next frontier in the sector’s growth path.

• December 20, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Development & Construction , Hotel Companies , COVID-19 , India

HVS Monday Musings: Price wars in the Indian hotels sector during the COVID era

Hotels need to come together and align themselves to the common goal of reviving the growth in the industry. They should think ‘long-term’ by promoting value-added services, targeting new customer segments or markets, and implementing cost optimization strategies instead of indulging in price wars, which can be detrimental for the growth of the sector. Brands can also play a crucial role in this by pushing the envelope on driving better revenue and rate management strategies.

• December 13, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: Reimposing Lockdowns is a Blow to the Indian Hotels Sector

In the last few weeks, demand for domestic leisure tourism has improved in India, which is a silver lining for the distressed and vulnerable Indian hotels sector. However, sudden changes in regulations are adding to the sector’s woes and may dampen the spirits going forward.

• November 29, 2020 By Mandeep S Lamba , Akash Datta , Dipti Mohan

• Hotel Companies , COVID-19 , India

HVS Monday Musings: Collaboration - the Key to Reviving the Indian Hospitality Sector

The Indian hospitality sector should adopt a collaborative approach as it embarks on the long road to recovery. Hoteliers should collaborate & integrate their efforts to find innovative solutions to the challenges in the sector and share best practices & learnings with the entire fraternity to not only help rebuild traveler trust but also to help the sector thrive in the future.

• November 22, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: Hotel Feasibility Study will Become Critical in the COVID era

Before investing millions of Rupees of expensive capital, it is prudent to spend an insignificant fraction of the sum on Feasibility and ROI Studies for a hotel and/or a mixed-use project to help determine the viability of the project. The rapidly evolving consumer behavior and demand fundamentals are expected to make a professionally prepared feasibility study even more critical than ever before.

• November 15, 2020 By Mandeep S Lamba , Akash Datta , Dipti Mohan

• Hotel Investments & Ownership , Hotel Operations , Development & Construction , Valuations & Market Studies , COVID-19 , India

HVS Monday Musings: Food for Thought - Reimagining F&B at Hotels in India

Hotels must consider outsourcing hotel outlets to standalone marquee restaurants that had made their mark in the pre-COVID era but are now facing an existential crisis. Read on to know more.

• November 8, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Food & Beverage , COVID-19 , India

HVS Monday Musings: Faster technology adoption will bring a paradigm shift in hotel operations in India

Efficient usage of technology will help the hospitality sector to improve profitability, while enhancing guest experience going forward.

• November 1, 2020 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Human Resources , COVID-19 , India

HVS Monday Musings: Mixed-use development - The most sustainable model for hotels going forward

Mixed-use developments are going to be the most sustainable model for hotels going forward as they leverage the best of each asset class, while diversifying the risks for the investors and enhancing the overall experience for the guests. Read on to know more.

• October 11, 2020 By Mandeep S Lamba , Akash Datta , Dipti Mohan

• Hotel Investments & Ownership , Condo Hotels , Mixed Use , COVID-19 , India

HVS India Hotels Outlook: Impact of COVID-19

This report provides a review of how the Indian Hotels sector has been impacted by COVID-19 and a forecast of the expected recovery over the next few years. Download the report to know more.

• August 20, 2020 By Mandeep S Lamba , Akash Datta , Anuj Roperia

• Valuations & Market Studies , Economic Trends and Cycles , COVID-19 , India

HVS Monday Musings: Quality Hotel Supply is the Key to Developing Fledgling Tourist Destinations

Hotels play a key role in creating successful leisure destinations. Good quality hotel supply can go a long way in developing fledgling tourist places into established leisure destinations. Read on to know more.

• August 16, 2020 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , COVID-19 , India