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: Leisure Markets – Hotel Sector’s Relentless Growth Engine

Leisure travel is growing relentlessly, with a paradigm shift that more and more tourists are looking to explore lesser-known, uncharted regions. Read on to know more.

• May 21, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Investments & Ownership , Travel & Tourism , Hotel Brands , Hotel Companies , India , Goa , Rajasthan , Jammu and Kashmir

HVS Monday Musings: India’s Budding Amusement & Theme Parks Sector

India's amusement & theme parks industry is still nascent, accounting for only a minuscule global market share, however, demand in this segment is expected to increase in the future. Read on to know more.

• May 7, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Convention, Sports, Entertainment , Resorts , India , United States , China, mainland , South Korea

HVS ANAROCK India Hospitality Industry Overview 2022

This report highlights the key trends in the Indian hospitality industry in 2022 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2023.

• April 24, 2023 By Mandeep S Lamba , Akash Datta , Dipti Mohan

• Hotel Operations , Valuations & Market Studies , Travel & Tourism , Hotel Brands , Hotel Companies , India

HVS Monday Musings: Indian Hotel Sector – Brand Signings in 2022

This article discusses the key trends in hotel brand signings witnessed in the Indian hotel sector in 2022.

• April 23, 2023 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Development & Construction , Hotel Brands , Hotel Companies , Management Contracts , India

Monday Musings: Jaipur's Hospitality Sector in the Pink of Health

Jaipur, also known as the Pink City, has become a major tourist destination thanks to improved connectivity and good infrastructure, which includes a supply of high-quality hotels. Read on to know more.

• April 9, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , India , Jaipur

HVS Monday Musings: Film Tourism as an Effective Destination Marketing Tool

Films have the potential to reach and connect with a wide audience. How much can they influence tourism of a place? Read on to find out.

• March 26, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Hotel Brands , Hotel Companies , Hotel Franchises , Resorts , India , Switzerland , Spain , New Zealand , United Kingdom , Australia , Scottish Borders, The

Sustainability in The Hospitality Industry: Working Towards "Travel Without a Footprint"

The hospitality sector has come a long way in adopting sustainable hotel operations and adopting eco-friendly hotel design and construction techniques will be the sector's next big step toward sustainability. Read on to know more.

• March 16, 2023 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Environmental , Architecture & Interior Design , Hotel Brands , Hotel Companies , India , Maldives , Sweden , Mexico , London

HVS Monday Musings: Food Delivery – Wrapping it Up with Sustainable Packaging

The majority of Indian restaurants now use bio-degradable packaging, cutlery, and straws; however, we need creative thinking to make sustainable packaging more “sustainable”. Read on to know more.

• March 12, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Food & Beverage , Environmental , Travel & Tourism , Hotel Companies , India

HVS Monday Musings: Wildlife Tourism in India - The Roar Can Be Louder!

Indian wildlife Tourism is a promising and growing segment that can compete on the global stage with peers in Africa, Australia, and the US, by providing unique experiences to tourists and marketing it more effectively. Read on to know more.

• February 12, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Environmental , Travel & Tourism , Hotel Brands , Hotel Companies , Resorts , India , Africa , South Africa , Sri Lanka , Thailand

HVS Monday Musings: Indian Hospitality Sector – Crystal Gazing Into 2023

As we turn the page into the new year, let’s take a look at the top trends that are likely to shape the Indian hospitality sector in 2023. Read on to know more.

• January 1, 2023 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , Hotel Management , India

HVS Monday Musings: Indian Hospitality Sector – 2022 in Review

The Indian hospitality sector made a strong comeback in 2022, driven by domestic travel. Read on to know more.

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

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , Hotel Companies , India

HVS Monday Musings: India’s Airport Lounges Industry is Set to Grow

The airport lounge industry is also expected to grow steadily in tandem with the expansion of the country’s aviation industry. Read on to know more.

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

• Hotel Investments & Ownership , Travel & Tourism , Hotel Brands , Hotel Companies , Hotel Franchises , India , Paris , Abu Dhabi - United Arab Emirates , Rome , New Delhi , Bengaluru , Mumbai , Chennai , Pune , Hyderabad , Dubai - United Arab Emirates

HVS Monday Musings: Mumbai’s Hotel Market Revival

Recovery in Mumbai's hotel industry is finally underway. Read on to know more.

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

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , Hotel Companies , India , Mumbai

HVS Monday Musings: Hotel Industry Tapping the Metaverse

Global hotel chains are entering the metaverse because it has the potential to improve the guest experience, boost customer loyalty, streamline operations, and help businesses in forging connections with potential customers. Read on to know more.

• December 4, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Technology , Hotel Brands , Hotel Companies , Hotel Management , India

HVS Monday Musings: Hotel Spas – Rewriting the Narrative

With evolving consumer behavior and preferences, spas can no longer solely focus on traditional beauty treatments and luxurious massages that promote relaxation. Hotel chains and owners must rewrite the narrative around spa services. Read on to know more.

• November 27, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , Resorts , India