India is transitioning from a nascent hotel market towards a more mature one: Mandeep Singh Lamba

Speaking about the hotel sector landscape, Mandeep Singh Lamba, President & CEO (South Asia) HVS Anarock, says, “India is transitioning from a nascent hotel market towards a more mature one and it is going to be an exciting time as this transition takes place over the next decade or so. If the sector is to remain attractive and draw in more capital and more leading players, a pressing need is to reduce the time it takes from inception to completion of a hotel which today stands anywhere between 42 to 60 months.”