2020 likely to witness highest occupancy in Indian hospitality industry: Mandeep Lamba

Mandeep Lamba, President, HVS ANAROCK-South Asia, in an exclusive interview with Tourism Breaking News, said, “Going forward we are headed towards interesting times in the hospitality space. In fact, our recent study shows, 2020 could be the year of the highest occupancy ever witnessed in the Indian hospitality industry. The industry is finally accepting the fact that we are on a start of the upside. We are observing a trend we were long waiting for. We have seen industry go through troubled seven years on a downturn. Finally, everyone is relieved that we are finally going to see an upturn.