As South Asia’s hospitality landscape continues to evolve amid global uncertainties, platforms like Hotelivate’s flagship conference, HICSA, have become more relevant than ever. With investor sentiment strengthening, domestic travel driving growth, and new segments such as branded residences and senior living gaining traction, the industry is entering a phase of strategic transformation.
Voyager’s World speaks to Manav Thadani, Chairman, Hotelivate, in an exclusive interview about the evolving dynamics of hospitality investment, the significance of industry platforms like the Hotel Investment Conference South Asia (HICSA), and the opportunities shaping India’s hotel sector.
Hotelivate has grown into one of the most influential hospitality investment conferences in South Asia. What can delegates expect from the forthcoming edition of HICSA in Mumbai?
In a world shaped by uncertainty, capital volatility, and shifting travel patterns, forums like HICSA matter because they create clarity. We also feel fortunate to continue hosting this event at a time when many others in the broader region have had to be postponed. HICSA brings together owners, operators, investors, brands, lawyers, architects, consultants, and policymakers into one room—enabling honest, high-quality dialogue that influences real decisions. As HICSA enters its third decade, its role is becoming even more strategic. Delegates can expect unparalleled networking opportunities and a thoughtfully curated agenda that focuses on real-world challenges and actionable insights.
What are the key themes and conversations that will shape this year’s conference agenda?
This year’s agenda is anchored around the theme “Leadership in a World on Fire,” reflecting the complexities of today’s global environment, particularly in light of ongoing geopolitical developments in regions like the Middle East. Key discussions will explore branded residences, wellness, technology integration, global development trends, and sustainability. These themes are designed to reflect where the industry is headed—not just where it has been—offering forward-looking perspectives for stakeholders.
How has Hotelivate evolved over the years to remain relevant in an ever-changing hospitality landscape?
Hotelivate has remained relevant by staying grounded in what is real rather than chasing industry jargon or fleeting trends. Its strength lies in continuously adapting content and formats to reflect current market realities. A key differentiator is its strong consulting base, which allows the platform to leverage deep industry relationships and real-time insights. This ensures that every discussion is rooted in practical experience and market intelligence.
The Indian hospitality sector has shown strong post-pandemic recovery. What are the most significant trends currently shaping the industry?
The recovery has largely been driven by robust domestic demand, with local and immersive travel experiences continuing to boost occupancies and room rates. However, today’s demand is more selective, sentiment-driven, and value-conscious. Emerging segments such as senior living are gaining traction, reflecting the rise of the silver economy. Additionally, food and beverage partnerships are becoming increasingly important as guest preferences evolve faster than traditional hotel offerings. These shifts underline the need for adaptability and innovation across the sector.
Investor interest in the Indian hotel sector appears to be growing. What factors are driving this renewed confidence?
India’s macroeconomic story remains highly compelling. Strong domestic travel demand, infrastructure development, rising consumption, and an expanding middle class position the country as a long-term hospitality growth market. There is also a notable increase in participation from both global and domestic capital. While global investors are drawn to scale, governance, and predictability, domestic investors bring agility and strong local conviction. In a world marked by uncertainty, India stands out as a relatively stable and promising investment destination.
Are there particular regions or cities in India that could emerge as the next hospitality investment hotspots?
Tier 2 and Tier 3 markets represent one of the most significant opportunities going forward. These are no longer speculative but require a nuanced and well-informed approach. Success in these markets depends on developing the right product at the right price point, supported by a deep understanding of local demand dynamics. Beyond geography, aligning developments with evolving domestic travel patterns will be key to unlocking value.
How are international hotel brands and investors viewing the Indian market today?
International brands and investors are increasingly optimistic about India. The country offers strong long-term growth potential supported by favourable fundamentals. However, this optimism is accompanied by a disciplined approach. Investors are seeking clarity in governance, scalability, and consistent returns. The continued presence of global funds in the market reflects growing confidence in India’s hospitality ecosystem.
What opportunities does Hotelivate provide for stakeholders to connect and collaborate?
Hotelivate creates a unique ecosystem where the entire hospitality value chain comes together. It goes beyond networking to enable meaningful engagement and real understanding of how decisions are made. Curated formats such as the Owners’ Only Session and the HOSI General Managers’ Workshop encourage peer learning and open dialogue. With a strong representation of hotel owners, HICSA stands out for both the quality of its content and the depth of its audience. This year will also feature a mentalist session, adding an engaging new dimension to the experience.
Finally, what message would you like to share with industry stakeholders considering attending HICSA this year?
If you are serious about understanding where hospitality investment is headed, HICSA is where you need to be. It offers a rare combination of access and relevance—bringing together the right people and the right conversations. In an increasingly complex and uncertain environment, clarity is a competitive advantage. HICSA helps build that clarity through perspective, dialogue, and meaningful connections.