Hotel booking software company SiteMinder is ready to embrace a leisure travel-led industry bounceback, but CEO Sankar Narayan says business travel is still significantly depressed.
The company, which saw revenue growth halt altogether during the worst of COVID-19, turned the page on the travel industry’s pandemic doldrums in the first six months of fiscal 2021-22, recording an 8.9 per cent revenue jump to $55 million.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
