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: Catalysts for Growth – Tech Hubs are Powering the Indian Hotel Industry’s Growth

Tech hubs have globally been a catalyst for the hospitality sector’s expansion. Bengaluru and Hyderabad are prime examples of this trend in India, witnessing unprecedented growth in hotel supply in sync with their booming IT sectors. Read on to know more.

• September 24, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , India , United States , China, mainland , United Kingdom , Bengaluru , Hyderabad , Shenzhen , Delhi , Mumbai , Jaipur , Indore , Ahmedabad , Kochi , Mysuru , Vellore , Warangal , Madurai , Guwahati , Hubballi , Kanpur

HVS Monday Musings: Spreading Wings Wide – India’s Outbound Travel Market

India's outbound travel sector is witnessing a resurgence, mirroring a trend akin to the pent-up demand that fueled domestic tourism in the last two years. Read on to know more.

• September 10, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Hotel Brands , Hotel Companies , India , United Arab Emirates , United States , Saudi Arabia , Singapore , Thailand , Abu Dhabi , Germany , Italy , China, mainland , United Kingdom , Sri Lanka , Bhutan , Nepal , France

HVS Monday Musings: Transforming Dining Experiences with Artificial Intelligence

AI adoption is on the rise globally, including in the F&B industry, where it's streamlining processes, reducing waste, and enhancing guest experiences. Read on to know more.

• August 27, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Food & Beverage , Technology , Travel & Tourism , India , Sydney NSW , Houston , Noida , Bengaluru

HVS Monday Musings: Is it Time to Adopt a Fresh Perspective on Hotel Banquets?

Hotels have an edge over independent banquet halls when it comes to holding events because of their superior infrastructure, safety standards and brand image. However, with the evolving guest preferences and technological advances, it's time for hotels to throw out the old playbook and approach banquets with a fresh perspective, welcoming a new era of hospitality. Read on to know more.

• August 13, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Food & Beverage , Travel & Tourism , Convention, Sports, Entertainment , Resorts , India

HVS Monday Musings: Indian Hotel Sector – H1 2023 Performance Review

This article briefly discusses the Indian hotel sector's performance in the first half of the calendar year 2023.

• July 30, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

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

HVS Monday Musings: The Uncharted Waters of Cruise Tourism in India

India, with its vast coastline and an elaborate network of waterways on the mainland, has significant latent growth potential for cruise tourism. Read on to know more.

• July 16, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Convention, Sports, Entertainment , Resorts , Assam , Mumbai , Chennai , Varanasi , Dibrugarh , Kochi , Goa , Lakshadweep , India , Sri Lanka

HVS Monday Musings: Raising the Bar for Goa's Tourism

In light of the changing traveller preferences, increasing affinity for experiential tourism, and the growing popularity of other leisure destinations, Goa, often called the leisure capital of India, needs to step up its tourism game to maintain its leadership position. Read on to know more.

• July 2, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Hotel Brands , Hotel Companies , Resorts , India , Bali , Phuket , Goa

HVS Monday Musings: Enabling the Differently Abled in the Hospitality Sector

A growing number of organizations, including those in the hospitality industry are prioritizing the empowerment of people with disabilities through employment opportunities. Read on to know more.

• June 18, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Food & Beverage , Travel & Tourism , Executive Search & Recruitment , Hotel Brands , Hotel Companies , India , Australia , Switzerland , Thailand

HVS Monday Musings: Is ONDC the Turning Point for India’s Food Delivery Market?

The entry of ONDC (Open Network for Digital Commerce), which is a government initiative, is challenging the current duopoly in the food delivery market in India, providing more choices both to sellers and buyers. This can bring better price parity and disrupt the existing status quo. Read on to know more.

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

• Food & Beverage , Travel & Tourism , India

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