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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.
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Published on June 1, 2026
As Indian destination weddings continue to gain global prominence, hospitality brands are creating experiences that seamlessly blend cultural traditions with international luxury. In an exclusive conversation with Hospitality News, Yashwini Naik, Global Account Director – Sales at Shangri-La, shares her perspectives on the evolving landscape of luxury destination weddings and the vision behind Bandhan by Shangri-La.
During the interaction, Yashwini reflects on the inspiration that led to the creation of Bandhan by Shangri-La and how the brand has grown into a dedicated platform for Indian couples seeking culturally authentic celebrations across some of the world's most sought-after destinations.
She also discusses changing wedding preferences among modern Indian couples, the rising popularity of destinations such as Sri Lanka, and the growing demand for personalized, experience-led celebrations that go beyond traditional wedding formats. The conversation further explores how Shangri-La balances bespoke experiences with consistent service excellence across its global portfolio.
Sustainability, another key focus area, also features prominently in the discussion, with Yashwini highlighting how environmentally conscious practices are being integrated into luxury weddings without compromising grandeur or guest experience.
Looking ahead, she shares her vision for the future of Bandhan by Shangri-La and offers valuable insights into how Indian destination weddings are expected to evolve on the global stage.
Our conversation with Yashwini Naik provides a compelling look at the trends shaping one of hospitality's fastest-growing segments. Read the complete interview in the June edition of Hospitality News Magazine, available on our website and in print.
With over three decades of experience in hospitality and nearly 25 years with The Residency Hotels Group, Gopinath Balasundaram has played a pivotal role in shaping one of South India's most respected hospitality brands. In an exclusive conversation with Hospitality News, he shares valuable insights into the group's journey, leadership philosophy, and future vision.
During the interaction, Gopinath reflects on how The Residency Hotels Group has established itself as a benchmark for hospitality excellence through its commitment to “Hospitality with Heart,” blending personalised service, operational consistency, and continuous innovation. He discusses the group's longstanding focus on guest-centric experiences and the importance of preserving individuality across its portfolio while maintaining luxury standards.
The conversation also highlights the brand's investment in technology, modern infrastructure, and manpower development. From intelligent room automation systems and advanced guest comfort features to innovative service solutions, Gopinath offers a glimpse into how technology is enhancing the guest experience while supporting operational efficiency.
Sharing perspectives on international luxury hospitality, he speaks about the group's association with The St. Regis Maldives Vommuli Resort and how the property exemplifies refined luxury, sustainability, and globally recognised service standards.
Looking ahead, Gopinath outlines the group's ambitious growth roadmap, including major developments in Chennai, Madurai, Mysuru, and the Maldives. He also reflects on the defining milestones that shaped his leadership journey, including several successful hotel pre-openings and the evolution of the group's guest-first culture.
The discussion offers an insightful look into the changing dynamics of hospitality, the importance of innovation, and the opportunities that lie ahead for Indian hotel brands.
Our conversation with Gopinath Balasundaram provides readers with valuable perspectives on leadership, growth, and the future of hospitality. To read the complete interview, visit the June edition of Hospitality News Magazine on our website or explore the full feature in our print edition.
Published on May 4, 2026
Fine Acers, a recognised name in hospitality-led real estate, has partnered with Wyndham Hotels & Resorts to introduce the Dolce brand in India, marking a significant step as the country’s tourism and hospitality sector is projected to reach USD 59 billion by 2028. Reflecting on this milestone, Dinesh Yadav, Founder & MD of Fine Acers highlights how the collaboration aligns with rising demand for premium leisure travel, destination weddings, and experiential stays. With existing resorts in Jaipur, Pushkar, and Goa, the company currently operates 200 rooms across three properties and plans to add 700 more keys over the next three years across Jaipur, Jawai, Udaipur, Pushkar, and Coorg, backed by an investment of around ₹600 crore. This expansion will take the total inventory to 1500 rooms across seven properties.
The introduction of Dolce by Wyndham comes at a time when India’s luxury hospitality segment faces a supply gap, with only around 29,000 luxury rooms available nationwide. Positioned to bridge this gap, Dolce integrates business, leisure, and large-scale event capabilities, making it ideal for high-demand markets like Goa and Udaipur, known for strong occupancy rates and wedding-driven demand. Fine Acers’ sale-and-leaseback model supports growth by enabling investors to purchase around 70% of its inventory, which is leased back and professionally managed, offering attractive returns without operational involvement, a model gaining traction among HNIs and NRIs seeking financial and experiential value. Backed by strong industry fundamentals, with hotel demand projected to grow at 10.8% annually against 8% supply growth, the company is expanding into high-demand destinations with a vision to surpass 1500 keys by 2030 and establish itself as a leading player in resort and lifestyle hospitality, while destination weddings and MICE remain central to the strategy, supported by India’s USD 130 billion wedding industry, driving memorable guest experiences and sustained growth.
This engaging exchange offers a glimpse into the evolving landscape of India’s luxury hospitality sector and the strategic vision driving Fine Acers forward. It was truly a great conversation with Dinesh Yadav, and readers can explore the complete feature in the Hospitality News May Magazine, available on our website and in print.
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