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 Monday Musings: Reinventing City Tourism in India

City tourism is heavily dependent on corporate & MICE segments and it's time to reconsider and shift the narrative to make city tourism more holistic in the future. Read on to know more.

• October 2, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: Indian Hotel Industry Exploring the IPO Route

Although India's initial public offering (IPO) market has been thriving in recent years, hotel industry IPOs have been few and far between. Read on to know more.

• September 25, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: Indian Hotel Industry Continues to be a Nascent Transaction Market

This article discusses the factors that have led to sluggish transaction activity in the Indian hotel industry.

• September 18, 2022 By Mandeep S Lamba , Dipti Mohan

• Valuations & Market Studies , Brokerage & Transactions , COVID-19 , India

HVS Monday Musings: Indian Hotel Sector – Riding the Next Growth Cycle

Despite several headwinds such as inflationary pressure, the possibility of a recession in the US and Europe, and a manpower shortage, the Indian hotel industry’s performance outlook remains positive. Read on to know more.

• September 11, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , COVID-19 , India

HVS Monday Musings: Airport Hotels: A Growing Trend in India

Airport hotels have grown in popularity in recent years as airport infrastructure in India has improved. Continue reading to learn more.

• August 21, 2022 By Mandeep S Lamba , Dipti Mohan

• Development & Construction , Travel & Tourism , Hotel Companies , Mixed Use , COVID-19 , India

HVS Monday Musings: Bleisure Travel is Back in Business

Bleisure travel – business travelers extending their business trips by a few days for leisure tourism activities – is expected to grow substantially in the next few years. Can the hotel industry leverage its potential? Read on to know more.

• August 14, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: The Heal in India Initiative – An Opportunity for Indian Hotel Sector

Hotels and healthcare facilities, two key stakeholders in the growing medical tourism segment that successfully collaborated to provide quarantine services during the pandemic, should now build on this success to realize medical tourism's true potential.

• August 7, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Hotel Brands , Hotel Companies , COVID-19 , India

HVS Monday Musings: Indian Hotel Sector – 1H2022 Performance Review

This article briefly discusses the Indian hotel sector's performance in the first half of the calendar year 2022.

• July 31, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , Hotel Companies , COVID-19 , India

HVS Monday Musings: Staffing Shortages are Impeding the Aviation Industry's Recovery

The global aviation industry is experiencing severe staffing shortages, which are negatively impacting operations and traveler experience. Skill shortages are not new, but the pandemic has exacerbated them. Continue reading to learn more about how the industry is addressing these challenges.

• July 24, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Executive Search & Recruitment , COVID-19 , United Kingdom , United States , Germany , India , Europe

HVS Monday Musings: Reviving Luxury Trains in India

Luxury trains are making a comeback around the world following a COVID-induced hiatus. India’s Palace on Wheels and the Maharajas' Express, two of the world’s best luxury trains, are also set to return later this year. Read on to know more.

• July 17, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Hotel Companies , COVID-19 , India

HVS Monday Musings: Can the Hotel Lease Model Gain Momentum in India?

Hotel leasing has been a slow starter and is not a preferred model with operators in India. However, this could change with revenue share leases gaining traction. Read on to know more.

• July 10, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: All-inclusive Resorts are Regaining Popularity

With leisure demand driving the recovery in the hotel industry, all-inclusive resorts are in high demand around the world, especially now that travel costs are rising, and travelers are looking for vacations that provide the best value for their money. Read on to know more.

• July 3, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: Rethinking Hotel Loyalty Programs in the Post-COVID World

Hotel companies are redesigning their loyalty programs to meet the changing consumer demands. Read on to know more.

• June 26, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: Will Travel Defy Inflation?

Soaring inflation may dampen the hotel industry’s recovery in the near term, but there are some bright spots. Read on to know more.

• June 19, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Economic Trends and Cycles , COVID-19 , India , United States , United Kingdom

HVS Monday Musings: Multiskilled Workforce – A Necessity for the Indian Hotel Sector

The often-overlooked opportunity to multi-skill hotel employees is a great way to address the staffing issues in the Indian hotel industry. Read on to know more.

• June 12, 2022 By Mandeep S Lamba , Dipti Mohan

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