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 ANAROCK India Hospitality Industry Overview 2024

This report highlights the key trends in the Indian hospitality industry in 2024 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2025.

• April 29, 2025 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

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

HVS ANAROCK Insights - Navigating the Noise: What US Tariffs Could Mean for Indian Hospitality?

Will the evolving tariff situation create turbulence for the Indian hospitality sector? Read our latest article to know more.

• April 11, 2025 By Mandeep S Lamba , Dipti Mohan

• Travel & Tourism , Economic Trends and Cycles , Hotel Companies , India , United States

hopeful - an HVS ANAROCK HOPE 2025 special edition

'hopeful' is an annual publication launched at the HVS ANAROCK HOPE 2025 conference in February 2025. Featuring a range of articles and insights, the magazine offers valuable perspectives to guide through the changing hospitality landscape. Dive in to discover more.

• February 27, 2025 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , Executive Search & Recruitment , Hotel Brands , India , Global , United States

HVS Monday Musings: Revolutionizing Business Travel – Marriott's Game-changing Initiative

Marriott’s new comprehensive travel management system for small and medium businesses has the potential to transform corporate travel management. Read on to know more.

• July 21, 2024 By Mandeep S Lamba , Dipti Mohan

• Sales & Marketing , Technology , Travel & Tourism , Hotel Brands , Hotel Companies , India , Asia

HVS Monday Musings: Hotel Sector’s Big Debate - Asset Light or Asset Right?

As the Indian hospitality sector evolves, the ongoing debate between Asset Light and Asset Right models is intensifying. Read on to know more.

• July 8, 2024 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Hotel Brands , Hotel Companies , Hotel Management , India , Asia

HVS India Hospitality Industry Overview 2023

This report highlights the key trends in the Indian hospitality industry in 2023 along with the sector performance metrics, brand signings, and brand openings during the year. It also provides our outlook for the sector for 2024.

• April 30, 2024 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

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

hopeful - an HVS ANAROCK HOPE 2024 special edition

'hopeful' is an annual publication launched at the HVS ANAROCK HOPE 2024 conference in February 2024. Featuring a range of articles and insights, the magazine offers valuable perspectives to guide through the changing hospitality landscape. Dive in to discover more.

• February 28, 2024 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

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

HVS Monday Musings: Indian Hospitality Sector – 2023 in Review

Despite prevailing global challenges, India's economic resilience had a positive ripple effect on the hospitality sector. Read on to know more.

• December 17, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Travel & Tourism , Economic Trends and Cycles , Hotel Brands , Hotel Companies , New Delhi , Mumbai , Chennai , India , Middle East , Asia

HVS Monday Musings: India’s Growing Wedding Market Grandeur

India’s trillion-dollar wedding industry is back, larger and grander than ever before. Fueled by rising income levels, a growing number of high-net-worth individuals, and the charm of celebrity weddings, destination weddings, both domestic and international, are on the rise, which is expected to gain further momentum driven by India’s favorable demographics. Read on to know more.

• December 3, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Convention, Sports, Entertainment , Hotel Brands , India , Thailand , Dubai - United Arab Emirates , Bali , Italy , Jaipur , Jodhpur , Udaipur , Agra , Goa , New Delhi , Puri , Ranthambhore Fort , Mahabalipuram , Rajasthan , Uttarakhand , Jammu and Kashmir , Kerala , Uttar Pradesh

HVS Monday Musings: Embracing Contactless Check-in with DigiStay in the Indian Hotel Sector

Is it time for the Indian hotel sector to proactively embrace contactless check-in with DigiStay? Read on to know more.

• November 19, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , India , United Kingdom

HVS Monday Musings: Breaking the Glass Ceiling – Women in the Hospitality Industry

Hotel chains in India are championing gender diversity. However, there are still unexplored opportunities and gaps that need attention. Read on to know more.

• October 22, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Executive Search & Recruitment , Hotel Companies , India , United Kingdom , United States

HVS Monday Musings: Experiential Hotels – Pioneering a New Era in the Indian Travel Industry

A growing affinity towards experiential travel in India has given rise to the concept of experiential hotels, which offer guests stays that transcend the cookie-cutter hotel experience. Read on to know more.

• October 8, 2023 By Mandeep S Lamba , Dipti Mohan , Dhwani Gupta

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , India , Chile , Finland , Puducherry , Lonavala , Manali , Mussoorie

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