Bengaluru-based, Treebo Hotels has officially appointed ex-Amazon executive Pradeep Sriram as its new Head of Finance. Pradeep will be dealing with all the commercial, accounting, tax, compliance, receivables, and payables related activities. The primary motive behind this appointment is to focus on increasing profits and to maximize the EBIDTA profitability in upcoming years.
Pradeep Sriram newly appointed Head of Finance at Treebo Hotels stated that “Treebo has a unique business model, which consistently delivers customer delight, impeccable quality and value to its customers. In a short span of 2 years, the company has become the 3rd largest Hotel chain in the country. What’s even more exciting to me as a finance professional is the fact that Treebo is being built on solid fundamentals and the team is committed to sustainable economics. I’m excited about this opportunity, as we embark on a journey to become the country’s largest and most profitable hotel chain over the next few years.”
Moreover, Treebo Hotels provides world-class accommodation in the unorganized and fragmented budget segment. The company is the 3rd largest network of branded budget hotels with 6000 rooms across 250+ properties in over 50 major cities.