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: Indian Hospitality Sector – Crystal Gazing Into 2023

As we turn the page into the new year, let’s take a look at the top trends that are likely to shape the Indian hospitality sector in 2023. Read on to know more.

• January 1, 2023 By Mandeep S Lamba , Dipti Mohan

• Hotel Operations , Travel & Tourism , Hotel Brands , Hotel Companies , Hotel Management , India

HVS Monday Musings: Indian Hospitality Sector – 2022 in Review

The Indian hospitality sector made a strong comeback in 2022, driven by domestic travel. Read on to know more.

• December 25, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: India’s Airport Lounges Industry is Set to Grow

The airport lounge industry is also expected to grow steadily in tandem with the expansion of the country’s aviation industry. Read on to know more.

• December 18, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Travel & Tourism , Hotel Brands , Hotel Companies , Hotel Franchises , India , Paris , Abu Dhabi - United Arab Emirates , Rome , New Delhi , Bengaluru , Mumbai , Chennai , Pune , Hyderabad , Dubai - United Arab Emirates

HVS Monday Musings: Mumbai’s Hotel Market Revival

Recovery in Mumbai's hotel industry is finally underway. Read on to know more.

• December 11, 2022 By Mandeep S Lamba , Dipti Mohan

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

HVS Monday Musings: Hotel Industry Tapping the Metaverse

Global hotel chains are entering the metaverse because it has the potential to improve the guest experience, boost customer loyalty, streamline operations, and help businesses in forging connections with potential customers. Read on to know more.

• December 4, 2022 By Mandeep S Lamba , Dipti Mohan

• Hotel Investments & Ownership , Technology , Hotel Brands , Hotel Companies , Hotel Management , India

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