RateGain Travel ropes in Peter Strebel as New President for Americas; stock hits 52-week high

8 Aug 2023 , 12:25 PM

RateGain Travel Technologies Limited, a global provider of SaaS solutions for travel and hospitality, has named Peter Strebel as its new President for the Americas.

Following this development, the company’s counter hit a new 52-week high of Rs 577.70.

At around 12.21 PM, RateGain Travel was trading 9.50% higher at Rs 529.60, against the previous close of Rs 483.65 on NSE. 

Peter, a two-time CEO, most recently served as the Chairman of Omni Hotels & Resorts, where he provided strategic advice before serving as the company’s former President, Chief Marketing Officer, and Senior Vice President of Sales.

Strebel was named a Top CEO on Glassdoor for navigating the company through the pandemic crisis, putting the brand in a good position to capitalize on the industry’s rebounding trends and changes. He also played key role in developing and implementing new branding, marketing, communications, and business development strategies to boost brand awareness, market share, and income for the luxury hotel brand.

Peter will replace Chinmai Sharma, RateGain’s outgoing President, spent half a decade with the company, playing a vital role in developing its Americas business and providing broad strategic advice for RateGain’s expansion in the region.

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