Critical Challenges Faced by Hotel Owners in India

The critical challenges as identified by the owner community (Addendum) bear a strong correlation to a hotel's typical life cycle. While some of these challenges are self-created, others are beyond an owner's control. Either way, these set an incorrect precedence for new hospitality ventures, reflecting poorly on the Indian hotel industry at large.

The article discusses the critical challenges faced by hotel owners in India broadly categorised under Funding, Development, Human Capital and Operator Management Contracts, highlighting three priority issues under each.

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Finance Asia Pacific India

Manav Thadani, MRICS, Chairman - Asia Pacific, HVS founded the New Delhi office in 1997. He is actively involved in operator search/management contract negotiations and provides strategic advice to key clients. He additionally serves as a mentor to other HVS verticals in the APAC region, and is the global head of HVS Sustainability.

HVS is the world's leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.

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