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: 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

HVS Monday Musings: India’s G20 Presidency Can be a Game-changer for the Tourism Industry

India will assume the G20 presidency for a year from 1st December 2022, which is a unique opportunity for India to showcase its tourism potential.

• November 20, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Convention, Sports, Entertainment , Economic Trends and Cycles , Hotel Brands , Hotel Companies , India

HVS Monday Musings: Can Gig Workers Help the Indian Hotel Industry Fill its Talent Gap?

Is it finally time for the Indian hotel industry, which has long struggled with a manpower shortage, to test the viability of the gig economy beyond food delivery?

• November 13, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Human Resources , Executive Search & Recruitment , Hotel Brands , Hotel Companies , India

HVS Monday Musings: Should Localization be the New Standard in the Indian Hotel Industry?

Is it time for the Indian hotel industry to pursue a well-defined localization strategy, given changing consumer preferences and market dynamics? Continue reading to learn more.

• November 6, 2022 By Mandeep S Lamba , Dipti Mohan

• Development & Construction , Travel & Tourism , Hotel Brands , Hotel Companies , COVID-19 , India , China, mainland , Egypt , Thailand

HVS Monday Musings: The Road to Net-zero in the Indian Hotel Industry

Despite increased efforts, the Indian hotel industry's sustainability initiatives are still limited to hotel operations. Hotels are often criticized for their conspicuous consumption and a concerted effort to reduce consumption and waste across the board is now needed. Read on to know more.

• October 30, 2022 By Mandeep S Lamba , Dipti Mohan

• Development & Construction , Environmental , Travel & Tourism , COVID-19 , Denver , London , Norway , India

HVS Monday Musings: Self-Regulation is Essential for the Indian Hotel Industry to Build Credibility and Trust

This article discusses why self-regulation and independent accountability is important in the Indian hotel industry.

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

• Travel & Tourism , Executive Search & Recruitment , Hotel Companies , Resorts , COVID-19 , India

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