RoomsTonite inducts Airbnb's Mohit Srivastava as revenue and partnerships head

RoomsTonite, a mobile-based marketplace for last-minute hotel bookings, has appointed former Airbnb executive Mohit Srivastava as the company's chief of revenue and partnerships.

Srivastava will help RoomsTonite, which is run by Bangalore-based RoomsTonite eBookings Pvt Ltd, to identify new avenues for growth in addition to strengthening existing revenue opportunities, as per a press statement.

"RoomsTonite is in growth phase and we have been adding exceptional talent to accelerate that growth. Mohit was excited about the vision and scope of what we are doing and came on board to be a part of this travel 3.0 revolution. He is a seasoned professional who brings in rich e-commerce experience and has a very strong understanding of consumer behaviour," said Suresh John, founder and CEO, RoomsTonite.

Prior to joining RoomsTonite, Srivastava was the managing director for the Indian subcontinent and UAE at Airbnb, the global leader in short-term rental accommodations. He is credited with starting and building Airbnb's operations in Berlin (Germany) and Gurgaon (India), two of the company's first offices outside its headquarters.

Airbnb has operations in all the major cities of India. India's Smile Group had partnered Airbnb in 2011 to help it expand internationally in countries other than the US. Prior to Airbnb, Srivastava was associated with MakeMyTrip from its inception and spent 11 years in various leadership roles with the company.

"RoomsTonite has tapped into the Indian mindset of searching for last minute deals without compromising on quality. In a market that is just waking up to the power of mobile apps, RoomsTonite has been aggressive and forward thinking by being one of the first companies to launch itself as a mobile only product. I love the product and business approach and look forward to joining a team that's poised to break new barriers," Srivastava said.

RoomsTonite's app enables users to book hotels for the same day or up to three days/nights including the booking day. The company has tied up with hotels across over 275 locations for selling their unsold inventory at the last minute.