HVS Anarock India Hospitality Industry Review 2018

After a long hiatus Indiawide ADRs in 2018 grew at 6.25%, resulting in a RevPAR growth of 9.6%. We anticipate RevPARs in 2019 to grow by 9.5% on the back of growth primarily in ADR.

About Akash Datta

Akash Datta, HVS Senior Vice President - Consulting and Valuation, leads consulting engagements, encompassing market studies, feasibility studies, strategic planning, valuation, and forecasting. Akash has spent nearly 13 years in the hospitality industry having successfully worked with International Hotel and Consulting firms such as Hilton, JLL and HVS in South Asia and the Middle East. In 2005, Akash started his Consulting career with HVS as an analyst following which he undertook his MBA in International Hospitality Management with concentration in Real Estate Finance from IMHI ESSEC in Paris, France. Known for his industry insights, Akash works with leading companies, private clients, industry groups, and global networks. Contact Akash at +91 989 9517 404 or [email protected].
 
Mandeep S. Lamba, President – South Asia, oversees the HVS practice in South Asia. Mandeep has spent over 30 years in the hospitality industry having worked with International Hotel Companies such as Choice Hotels, IHG and Radisson Hotels before becoming President for ITC Fortune Hotels in 2001. Having successfully built the Fortune brand in India’s mid-scale hospitality sector, Mandeep ventured into an entrepreneurial stint for over 8 years, setting up JV companies with Dawnay Day Group UK and Onyx Hospitality Thailand before joining JLL in 2014, as Managing Director, Hotels & Hospitality Group – South Asia. An established industry leader, Mandeep has won several awards and recognitions for his accomplishments. Recently, he was featured in the Hotelier India Power List of the most respected hoteliers in India for the second year in a row. Contact Mandeep at +91 981 1306 161 or [email protected].
 

About Anuj Roperia

Anuj Roperia, Analyst at HVS President’s Office South Asia, is an alumnus of Ecole hôtelière de Lausanne (EHL). Before deciding to go for his calling for the Hospitality Industry, Anuj graduated from Punjab Engineering College with a Bachelor of Engineering in Metallurgical Engineering. He operated and owned a boutique hotel in the foothills of Indian Himalayas for two years to understand the nuances of the hospitality operation. For pursuing his quest for lifelong learning, Anuj went for Executive MBA in Hospitality Administration and worked with JLL Hotels and Hospitality Group before joining the HVS South Asia team. Since his joining, he has been engaged in numerous market research, feasibility studies and valuations in the South Asia region. Contact Anuj at +91-9888 62 63 65 or [email protected].
 

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