Jaideep Dang has been appointed as MD at Hotels & Hospitality Group at JLL
JLL has appointed Jaideep Dang as managing director of its Hotels & Hospitality Business. Based in Gurugram, India this is Dang's second stint with the firm wherein he will lead the specialised hotels and hospitality practice.
Dang's appointment underlines JLL's commitment to strengthening its hotels and hospitality focused portfolio by building on existing and potential long-term strategic relationships with major Indian and global brands. I
Dang has wide-ranging and extensive experience across business consulting, transactions, management contracts, feasibilities & appraisals and market research. Prior to joining JLL, Dang worked with The Oberoi Group, as senior vice president - strategic development for the India sub-continent, Asia and Africa.
The Indian hospitality sector is set to witness significant growth upside in the performance of hotels in most key markets across India with occupancy levels gradually increasing on back of better demand from increased office absorption, a 7.3% year-on-year growth in foreign tourist arrivals during January to July 2018, a booming domestic travel market and a slowdown in additional room inventory.