Optimizing Financial Performance: Insights from Meghal Shah at Suba Group

Optimizing Financial Performance: Insights from Meghal Shah at Suba Group

Admin

Published on March 4, 2024

Transitioning from an illustrious 8-year tenure in audit and taxation at a prominent Chartered Accountants firm, Meghal Shah embarked on a career pivot, driven by a desire to explore fresh horizons within the corporate landscape. Drawn by the allure of the hospitality sector, Meghal embraced a new role as Manager of Finance and Accounts at Suba Group. With a foundation of expertise honed in the intricacies of financial management, Meghal now ventures into the dynamic realm of hospitality, poised to bring her unique blend of skills and experience to chart new successes in this vibrant industry.

What motivated you to pursue a career in the hospitality industry, particularly in hotel finance and accounting?

My previous work experience was with Chartered accountants firm for 8 years in Audit and taxation. As a professional, i wanted to switch my career from firm to industry and explore new areas on my professional front. As an industry, hospitality sector has always fascinated me and i got the opportunity to work with Suba group as Manager- Finance and Accounts.

Can you share some key initiatives you've implemented to optimize financial performance within Suba Group Of Hotels amidst the challenges posed by the hospitality industry?

We have successfully done demerger and merger of our group companies as per the Act post covid to strengthen the financial growth of the Suba group.

How do you foster a collaborative environment within your team to ensure effective financial management and accounting practices?

I always believe that Together Everyone Achieves More and that's what is Team for. As a team leader, i have set target deadlines for specific task for better finance management. We keep communications very clear amongst us and work in harmony.

Could you highlight a particularly successful financial initiative or project you've led within the hotel chain, and how it contributed to the business's overall success?

As stated earlier, post covid we have done demerger and merger of our group companies. The whole project was successfully lead by me right from filing applications to NCLT till getting final approval order from NCLT.

As a woman in a leadership role within the hospitality sector, what advice would you give to other aspiring women looking to advance their careers in this industry?

Someone has nicely said that its easier to lead when doing what you love and i suggest to other aspiring women to love the work and have passion to succeed in the career.

In your opinion, what are the most pressing issues facing the hotel industry today, and how can finance and accounting professionals like yourself address these challenges?

Staff retention and rising salary cost, Operational issues, high financing cost, changes in guest expectations, OTA costs are some of the pressing issues of the industry.

With International Women's Day approaching, how do you personally celebrate and advocate for gender equality within your professional sphere?

By spreading appreciation messages to all the lovely women in my life.

Can you discuss the role of innovation and technology in modernising financial operations within the hotel industry, and how Suba Group Of Hotels embraces these advancements?

Suba Group has always belived in innovation and technology. As a group, we are providing contactless payments, digital menus, mobile ordering for room services, streamlined check in and check out, advanced PMS to integrate financial data.

Looking ahead, what do you envision for the future of finance and accounting in the hospitality sector, and how do you plan to stay ahead of industry trends and developments?

The industry has rebound strongly post covid and with increased growth in Indian tourism, Hospitality sector will flourish in future and as a group we have strategis to open more and more hotels in tier 2 tier 3 cities.

This Interview is Published Exclusively in HospitalityNews.in.


Strategic Growth in India’s Evolving Hospitality Landscape

Strategic Growth in India’s Evolving Hospitality Landscape

Mr. Jayant Singh

Published on April 1, 2026

In an exclusive and insightful interaction, we bring you a compelling conversation with a leader who has consistently challenged the norms of Indian hospitality. Featured in our latest edition, Mr. Jayant Singh, Managing Partner of TreeHouse Hotels & Resorts, shares his journey, vision, and the philosophy that continues to shape one of India’s most distinctive hotel brands.

At a time when most hotel chains focused their growth on metropolitan cities, Mr. Singh chose a different path, one that looked towards the India that was often overlooked. In this featured article, he reflects on the early insight that led to the creation of TreeHouse Hotels & Resorts, and how that vision has evolved into a multi-brand platform catering to diverse traveller segments across the country.

From its beginnings in 2007 to becoming a network of over 500 keys across 17 operational properties, the brand’s growth story is rooted in a simple yet powerful idea: delivering reliable, comfortable, and heartfelt hospitality in emerging destinations. As he explains, the core philosophy of “Service Dil-Se” remains unchanged, even as the brand expands its architecture across economy, midscale, and upscale offerings.

As the conversation unfolds, Mr. Singh offers a candid perspective on the dynamics of Tier II and Tier III markets, highlighting the growing demand driven by domestic travel and infrastructure development, alongside the gap in professionally managed supply. His insights reveal the strategic advantage of being an early mover, building strong local relationships and establishing brand trust in evolving markets.

He also delves into the realities of managing multiple brands without overlap, maintaining consistency through strong operational frameworks, and fostering meaningful partnerships with property owners. Equally important is his honest take on the industry’s talent challenges, emphasising the need for stronger career pathways and continued investment in people.

Looking ahead, his focus remains on thoughtful expansion and strengthening presence across emerging destinations, while staying aligned with the changing expectations of the Indian traveller.

It is, without doubt, a rich and engaging conversation that captures both the journey and the future of India-first hospitality. To read the complete interview and explore deeper insights, readers can access the full feature in the HospitalityNews April magazine, available on our website and in print.


Inside Alivaa’s Bold Vision for India’s Hospitality Future

Inside Alivaa’s Bold Vision for India’s Hospitality Future

Vikramjit Singh and Akash Bhatia

Published on April 1, 2026

In an exclusive and compelling interaction, we bring you a powerful conversation with two industry leaders who are quietly but confidently reshaping the narrative of Indian hospitality. Featured in our Insiders Talk section, Vikramjit Singh and Akash Bhatia of ALIVAA Hotels & Resorts share perspectives that reflect not just experience, but intent, resilience, and a forward-looking vision.

At a time when the hospitality sector stands at a critical inflection point, conversations like these offer rare insight into what truly drives transformation. In this featured article, both leaders open up about their journeys, the lessons that shaped them, and the bold decisions that led to the creation of a brand built for tomorrow.

There is a distinct depth to their reflections, whether it is Singh’s decision to step into entrepreneurship at a defining moment for the industry, or his observations on the evolving mindset of the post-pandemic traveller. From trust and hygiene becoming decisive factors to the growing appetite for new destinations, his insights capture the pulse of a rapidly changing market.

Bhatia, on the other hand, brings a strategic lens to the conversation, detailing how ALIVAA is building a disruptive, asset-light ecosystem while maintaining strong brand identity across segments. His thoughts on “intuitive care,” consistency at scale, and the importance of empowered teams reveal the philosophy that underpins the brand’s growth.

As the discussion unfolds, themes of technology, leadership, and adaptability take centre stage. From AI-driven revenue management to unified guest experiences, and from leading multicultural teams to building agile organisations, every response adds a new layer to understanding modern hospitality leadership.

What makes this interaction particularly engaging is the honesty and clarity with which both leaders speak, not just about success, but about the realities of building something meaningful in a competitive landscape.

It is, without doubt, an insightful and enriching conversation that reflects the spirit of reinvention in Indian hospitality. To explore the complete interview and gain deeper perspectives, readers can access the full feature in the Hospitality News April magazine, available on our website and in print.


A Conversation That Redefines Skill-Based Education in India

A Conversation That Redefines Skill-Based Education in India

R. Boomee Nathan

Published on April 1, 2026

In an exclusive and thought-provoking interaction, we bring you insights from one of the most influential voices shaping skill-based education in India today. Featured in our latest edition, R. Boomee naathan, Founder and Chairman of Chennais Amirta Group of Institutions, opens up on the philosophy, milestones, and vision that continue to define his institution’s journey.

At a time when the hospitality and aviation sectors are evolving rapidly, conversations like these offer rare clarity. Through this featured article, Mr. Boomeenaathan shares perspectives that go beyond conventional education, touching upon transformation, employability, and the larger purpose of learning. His journey, rooted in the idea of creating opportunities, reflects in every answer, making this an interview that is both insightful and inspiring.

From building a multi-disciplinary institution to redefining practical learning through the “Earn While You Learn” model, he highlights how real-world exposure is shaping confident professionals even before they graduate. What stands out is his belief that education is not just about degrees, but about creating a life-changing ecosystem that impacts families and communities.

As the conversation unfolds, he speaks about what truly differentiates a Chennais Amirta graduate industry readiness from day one. With infrastructure that mirrors real-world environments and a strong focus on discipline, adaptability, and global standards, the institution has consistently delivered professionals who stand out across industries.

The discussion also brings to light powerful real-life transformations, global achievements like the Culinary Olympics, and the strategic expansion into aviation and nursing, sectors united by service excellence and human care. Each insight builds a deeper understanding of how integrated learning is becoming the future.

Towards the end, Mr. Boomeenaathan shares his vision of positioning Chennais Amirta as a global hub for skill-based education, powered by technology, international collaborations, and a strong placement network.

It is, without doubt, a compelling and enriching conversation that reflects both purpose and progress. To experience the complete interview and deeper insights, readers can explore the full feature in the Hospitality News April magazine, available on our website, and in print.