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: Soft Brands – the New Norm in the Indian Hotel Sector?

In the last few years, international and domestic hotel chains have launched soft brands in the Indian hotel market, giving owners more flexibility in design and other brand standards. Read on to know more.

• May 15, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: Indian Hotel Sector – Recovering the Lost Ground

The upbeat travel sentiment is helping the Indian hotel sector to recover lost ground, with several markets outperforming their pre-pandemic performance during March 2022. Read on to know more.

• May 8, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , India

HVS Monday Musings: Northeast India: The Unexplored Paradise

Despite its breathtaking natural beauty and tourist attractions, northeast India attracts a negligible number of visitors. Large-scale infrastructure development and other initiatives are expected to help turn things around in the future. Continue reading to learn more.

• May 1, 2022 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , COVID-19 , India , Assam , Arunachal Pradesh , Meghalaya , Manipur , Mizoram , Nagaland , Sikkim , Tripura

HVS Monday Musings: Unlocking the Potential of Heritage Tourism in India

Heritage tourism has grown rapidly in India in recent years, but it has yet to realize its full economic potential. Read on to know more.

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

• Travel & Tourism , COVID-19 , India , Italy , Egypt , Japan

HVS Monday Musings: Remote Work Creating Opportunities for the Hospitality Industry

Remote work has opened several new avenues for hotels, including new customer segments and ancillary revenue streams. However, with most companies across industries now getting back to a hybrid or full work-from-office model, will these concepts continue to grow?

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

• Travel & Tourism , Hotel Companies , COVID-19 , India , Dubai - United Arab Emirates , Mauritius

HVS Monday Musings: International Flight Resumption – A Gradual Return to Normalcy for the Indian Travel Sector

The resumption of regular international flights in India is the first step towards a gradual return to normalcy for the travel and hospitality sectors. Read on to know more.

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

• Travel & Tourism , COVID-19 , India , Europe

HVS India Hospitality Industry Overview 2021

This report highlights the key trends in the Indian hospitality industry in 2021 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2022.

• March 31, 2022 By Mandeep S Lamba , Akash Datta , Dipti Mohan

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

HVS Monday Musings: Hotel Transaction Activity in 2021

Unlike in mature hotel markets where transaction activity has been regaining ground, hotel transactions in India have not witnessed the surge which was expected on account of the stress caused by COVID.

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

• Hotel Investments & Ownership , Brokerage & Transactions , Economic Trends and Cycles , COVID-19 , India

HVS Monday Musings: Indian Hotels Sector – Brand Signings in 2021

This article discusses the key trends in hotel brand signings witnessed in the Indian hotel sector in 2021.

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

• Hotel Operations , Hotel Brands , Management Contracts , COVID-19 , India

HVS Monday Musings: Caravan Tourism – Discovering the Roads Less Travelled

Caravan tourism, a well-established niche segment of experiential tourism globally, is still at a nascent stage in India. Collaborative efforts by government agencies and industry stakeholders can help this segment become a success.

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

• Travel & Tourism , COVID-19 , India , United States , Australia , New Zealand , Germany , United Kingdom , North America , Europe

HVS Monday Musings: Green Hotels for a Sustainable Future

Green hotel construction has been gaining traction globally in recent years as hotel companies strive to achieve their sustainability objectives. A similar trend is visible in India as well, but the acceptance is still slow compared to other nations.

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

• Development & Construction , Environmental , Architecture & Interior Design , COVID-19 , India

HVS Monday Musings: Indian Hospitality Sector – Skill Shortage to Hinder Recovery and Growth

The Indian hospitality industry has long struggled with a shortage of trained workforce. Several factors and perceptions have contributed to this, and the situation is expected to worsen post the pandemic.

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

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

HVS Monday Musings: Tourism Revival in Kashmir, the Paradise on Earth

Jammu & Kashmir has seen a significant increase in tourist traffic since the region's lockdown was lifted, however, the region is still largely unexplored with the potential to become a year-round tourist destination.

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

• Travel & Tourism , Hotel Brands , COVID-19 , India , Jammu and Kashmir

HVS Monday Musings: Travel Rebounding Faster Post-Omicron

Omicron has resulted in increased travel restrictions and subdued travel demand around the world. Nonetheless, this time travel demand is likely to rebound at a much faster pace than in prior COVID waves. Continue reading to learn more.

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

• Hotel Operations , Travel & Tourism , Hotel Brands , COVID-19 , India , United States , United Kingdom , Thailand , Europe , Australia

HVS Monday Musings: Union Budget 2022: Hits and Misses for Indian Hospitality Sector

This article highlights some of the key announcements in the Union Budget 2022 that will impact the Indian hospitality sector.

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

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