Eli Ostreicher

Eli Ostreicher is a British-born American serial entrepreneur based in New York City.[2][3] He is the founder and active CEO of GTTFP Holdings,[4] originally a B2B luxury air-travel provider and Inc. 500 #1 awardee[5] in the United States.[2][6][1] GTTFP Holdings now houses Regal Wings, The Regal Card, Regal Jets, Luxury Wholesale Flights, One Bag Tag, VVandr, SHARGE, ThermBot, PillBot; a total of 11 brands.[7]

Eli Ostreicher
Born
Moshe Eli

1983/1984 (age 36–37)[1]
NationalityBritish-born American
OccupationSerial Entrepreneur across 11 Brands, Podcaster & Motivational Speaker
Years active2006 - Present
EmployerFounder & CEO to GTTFP Holdings: Regal Wings, Regal Card, Miles 4 Flights, One Bag Tag, VVandr, ThermBot, SHARGE, Naked Entrepreneur, Luxury Wholesale Flights, PillBot, VVandr & more.
Notable work
$500,000 USD Donation to Bonei Olam, Financial Assistance for Fertility Treatment | 'Naked Entrepreneur' Podcast
RelativesJacob Ostreicher
AwardsInc. 500 #1 Fastest Growing Travel Company, 2013 | Inc. 500 #76 Fastest Growing Company, 2014 | Crain's New York Fast 50, 2015 & 2016 | Inc. Hire Power Award, 2013 | Under 30 Leader Award, 2010 | Inc. Top 10 NYC Companies, 2016
Websitehttps://gttfp.com

To date, Ostreicher has created over US$600 million in revenue within GTTFP Holdings.[8][9][10]

Career

Ostreicher started his business career at the age of 22, opening a small home-based travel agency in Aventura, Florida.[11] In 2006 he moved to New York City and founded Regal Wings.[12][13] He later expanded the company to 300+ employees with luxury travel agent services, business travel management and leisure.[14] In 2010, he opened a satellite office of the company in Chennai, India. GTTFP Holdings and it's Regal group of brands have offices in New York City, San Francisco, London, Singapore, and Shenzhen.

In 2012, Regal Wings was listed in Inc. Magazine's ranking fastest-growing travel company in the United States with a growth rate of 2,513%.[5] With a further 4,146% growth rate in 2013, the company grossed $54.4 million in revenue.[15] In that year, Ostreicher received Inc. Magazine's "Hire Power award" recognizing his role for job creation.[16] In 2014, the company was listed in Inc. Magazine's 33rd annual 500 list as the 76th fastest growing company in the United States, ranking 6th highest New York company and 8th in New York City.[3][17] He served various high-profile companies and blue chip organizations for premium and air travel including Rolex, Walmart, Berkshire Hathaway, The United Nations, Bayer, Colgate, Universal Studios, Triple Five Group, Columbia University, Escada, and the Maroon 5 band.[14][18][19][20]

In 2015, Ostreicher launched Regal Card, an airport lounge and travel-benefits membership program as a sister concern of Regal Wings.[21][22] In the late 2016, Regal Wings partnered with China-based lounge developer DragonPass.[23][24] to offer global airport lounge access to its Regal Card members. Regal Card also includes travel benefits such as instant elite status with brands such as Hilton, Hyatt, SIXT, Hertz and discounts at 5 star hotel chains worldwide.[25] The Regal Card was reviewed by The Points Guy in 2015.[26]

In 2017, he patented One Bag Tag, the world's first electronic luggage tag to replace airline issued wasteful paper tags.[27][28] One Bag Tag is now partnered with Amsterdam-based BAGTAG[29] who run One Bag Tag's airline integration to international airliners which now includes Lufthansa, Swiss, Austrian, Air France, China Southern and KLM.

Ostreicher also founded Miles 4 Flights, which helps individuals convert their airline mileage into flights.[30] In the same year, he started Harei At, the first dating site for orthodox Jewish marriage-minded singles.[1][18][31][32] This venture failed and was subsequently sold off to JWed.com.

In 2019, Ostreicher founded both SHARGE[33][34] and VVandr.[35] SHARGE is the world's smallest 3-port 65W laptop and USB-C/A wall charger,[36] while VVandr makes thermometers, and a handmade hand-painted Donald Trump bobblehead.[37]

In 2020, during C-19 when VVandr sold a large amount of oral thermometers,[38] Ostreicher was inspired to create ThermBot, the world's smallest contactless and battery-less smart thermometer.[39][40][41] ThermBot raised $301,959 across 3,016 backers on Kickstarter.[42]

Philanthropy

In 2013, Ostreicher donated $500,000 to Bonei Olam, a communal organization that aids married couples dealing with infertility.[43][44][45] Ostreicher is also on the senior advisory board of various startup and entrepreneur focused organizations including YJP, and Voyager HQ.[46]

Ostreicher has been involved in helping his uncle Jacob Ostreicher in his release from a Bolivian prison where he was corruptly held for 18 months without having committed any crime.[47][48] He was later released by the help of Oscar winning actor Sean Penn who went to visit him in Bolivia.[49]

Personal life

Ostreicher was born in London, England as part of London's Orthodox Jewish community.[1][9] In his early teens he attended Yeshiva in UK's Hitchin; in his later teens, Ostreicher attended SmartTrack, an IT college in London's Lee Valley area, where he received Microsoft MCSE and Cisco CCNA certifications in 2004.[4]

In his early 20s, Ostreicher, who is paternally-by-birth an American, moved to the US, and now resides in NYC.

Ostreicher's paternal grandmother is the oldest of 16 siblings to her parents Joseph and Yitta Schwartz. His great-grandmother mother, Yitta Schwartz, died at age 93 leaving over 2,000 living descendants; following her funeral, the New York Times ran a feature story titled: "God Said Multiply, and Did She Ever".[50]

Awards and honors

  • Inc. 500 #1 Fastest Growing Travel Company, 2013[51]
  • Inc. Hire Power Awards, 2013 [52]
  • Nedivas Halev Award, 2016 [53]
  • Inc. 500 #76 of 500 Fastest Growing US Companies, 2014[54][8]
  • Inc. 500 #6 Fastest Growing NYC Company[3]
  • Crain's New York Fast 50, 2015[55]
  • Crain's New York Fast 50, 2016[56]
  • Smart CEO, 2017[57]

References

  1. Eller, Sandy (August 19, 2013). "New York - Brooklyn Orthdoox Businessman Snags #1 Category Ranking In Inc.'s 500 List". VIN News. Retrieved January 6, 2015.
  2. Eller, Sandy (January 10, 2014). "Eli Ostreicher Reaches For The Sky". The Jewish Press. pp. 29–30. Retrieved January 6, 2015.
  3. Lagorio-Chafkin, Christine (August 20, 2014). "Business as Usual? Fuggedaboutit! Meet the 10 Fastest-Growing Companies in New York City". Inc Magazine. Retrieved January 15, 2015.
  4. "LinkedIn".
  5. "Inc. Magazine - September 2013". INC Magazine. September 2013. pp. 210–211. Retrieved January 6, 2015.
  6. Luchies, Michael (July 15, 2014). "Investing in Service: Interview with Regal Wings Founder Eli Ostreicher". Under30CEO. Retrieved January 6, 2015.
  7. "GTTFP Holdings". GTTFP Holdings | An Innovative Collection of Brands. Retrieved 2020-07-27.
  8. "Regal Wings". Inc.com. Retrieved 2020-07-16.
  9. "Regal Wings Takes High Honors, Named to Inc. Magazine's Prestigious 500 List". MarketWatch. August 22, 2013. Archived from the original on March 4, 2016. Retrieved January 7, 2015.
  10. "Eli Ostreicher (@eliostreicher) • Instagram photos and videos". www.instagram.com. Retrieved 2020-09-02.
  11. "Investing in Service: Interview with Regal Wings Founder Eli Ostreicher - Veooz.com". Retrieved January 7, 2015.
  12. "WATCH: A Message from the CEO".
  13. "Regal Wings Promises Most Affordable Luxury Air Travel This Holiday Season". PRWeb. Retrieved January 6, 2014.
  14. "Regal Wings Makes Inc. Magazine's Annual 500-5000 List of Fastest Growing Companies". September 12, 2013. Retrieved January 7, 2015.
  15. Grantz, Nesanel. "Lunch Break With Eli Ostreicher". AMI Magazine. Retrieved January 8, 2015.
  16. "Regal Wings - Brooklyn NY - Inc. 500 - 2013". Inc. Magazine. Retrieved January 9, 2015.
  17. "Regal Wings - Brooklyn, NY - Inc.com". Inc. Retrieved January 6, 2015.
  18. "YEC Member Spotlight: Eli Ostreicher, CEO of Regal Wings". Yahoo!. Retrieved January 6, 2015.
  19. "Startup People Eli Ostreicher – Founder Of The World's Only Dating Site For Orthodox Jews". November 17, 2013. Retrieved January 7, 2015.
  20. "Fastest Growing New York Companies". September 17, 2014. Retrieved January 7, 2015.
  21. Rothbart, Peter (February 2, 2015). "Is Regal Card Worth It?". Retrieved May 24, 2017.
  22. "The Regal Card Introduces Unprecedented Luxury for the Average Traveler". January 13, 2015. Retrieved May 24, 2017.
  23. "Regal Wings enters premium lounge arena". February 2017. Retrieved May 24, 2017.
  24. "International Partnership Takes the Premium Travel Experience to New Heights". June 21, 2016. Retrieved May 24, 2017.
  25. "The Regal Card Introduces Unprecedented Luxury for the Average Traveler" (Press release). CNBC. January 13, 2015. Retrieved January 15, 2015.
  26. Rothbart, Peter. "Is Regal Card Worth It?". The Points Guy. Retrieved 2020-07-16.
  27. "Could this be the one bag tag to rule them all?". December 7, 2016. Retrieved May 24, 2017.
  28. "One Bag Tag | Goodbye Lost Bags and Sticky Tags". One Bag Tag | Goodbye Lost Bags and Sticky Tags. Retrieved 2020-07-16.
  29. "BAGTAG unveils multi-solution electronic bag tag platform". Future Travel Experience. 2019-10-17. Retrieved 2020-07-16.
  30. "Having a Frequent Flier Freakout? Don't despair — help is closer than you think". Retrieved January 8, 2015.
  31. "Eli Ostreicher, CEO OF REGAL WINGS". Retrieved January 6, 2015.
  32. "Online Travel Agency Miles 4 Flights Helps Travelers Redeem Frequent Flyer Miles on Normally Unavailable Seats". December 13, 2012. Retrieved January 7, 2015.
  33. "SHARGE | Palm Sized Power". SHARGE. Retrieved 2020-07-16.
  34. "Worlds Smallest 3-Port GaN 65W Laptop & USB-C Plug". Indiegogo. Retrieved 2020-07-16.
  35. "Quality Products by VVandr". VVandr. Retrieved 2020-07-16.
  36. "SHARGE Laptop USB-C Charger". www.amazon.com. Retrieved 2020-07-16.
  37. "Donald Trump bobblehead". www.amazon.com. Retrieved 2020-07-16.
  38. "How VVandr saved $660,000 of sales with FBM and Deliverr". Deliverr. 2020-05-07. Retrieved 2020-07-16.
  39. "ThermBot – The Thermometer: Smaller. Faster. Smarter". Retrieved 2020-07-16.
  40. "Entrepreneurship over Sex". Naked Entrepreneur. Retrieved 2020-07-16.
  41. Sheth, Sarang. "This IFTTT-ready smart-thermometer can send your HR a leave-request if you fall sick | Yanko Design". Retrieved 2020-08-19.
  42. "The Thermometer: Smaller. Instant. Smarter. ThermBot.ai". Kickstarter. Retrieved 2020-08-08.
  43. "$500,000 Donation by Eli Ostreicher to Bonei Olam". April 25, 2013. Retrieved January 6, 2015.
  44. "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Matzav.com. April 25, 2013. Retrieved January 8, 2015.
  45. "Thousands Jam Hall For Bonei Olam Dinner". Daily Hamonia. April 24, 2013. Retrieved January 8, 2015.
  46. "Mentors and Investors 2019". VOYAGER HQ. Retrieved 2020-07-16.
  47. Shoichet, Catherine E. (December 19, 2012). "Bolivia releases imprisoned American after 18 months". CNN. Retrieved May 24, 2017.
  48. Guttman, Nathan (December 18, 2012). "Jacob Ostreicher Freed on Bail in Bolivia". The Forward. Retrieved May 24, 2017.
  49. "For Brooklyn Entrepreneur, Bolivian Jail and an Actor's Aid". The New York Times. January 1, 2013. Retrieved May 24, 2017.
  50. Berger, Joseph (2010-02-19). "God Said Multiply, and Did She Ever". The New York Times. ISSN 0362-4331. Retrieved 2020-07-16.
  51. Wings, Regal. "Regal Wings Takes High Honors, Named to Inc. Magazine's Prestigious 500 List". www.prnewswire.com. Retrieved 2020-07-16.
  52. "Top Companies on the 2013 Inc. Hire Power Awards". INC Magazine. September 2013. pp. 210–211. Retrieved January 6, 2015.
  53. "Eli Ostreicher Donates Half a Million Dollars to Bonei Olam". Yeshiva World News. April 30, 2013. Retrieved January 6, 2015.
  54. Lagorio-Chafkin, Christine. "Meet the 10 Fastest-Growing Companies in New York City". INC.
  55. "New York's Fastest-Growing Companies 2015". Crain's New York Business. Retrieved May 24, 2017.
  56. "New York's Fastest-Growing Companies 2016". Crain's New York Business. Retrieved May 24, 2017.
  57. "Regal Wings - 2017 New York SmartCEO Future 50 Award Winner". SmartCEO. February 13, 2017. Retrieved May 24, 2017.
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