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Despite the clouds of uncertainty in the economy and geopolitics, people still want to travel. The research requirement will increase by 12% this year, 1.75 billion coming this year, “the arrival, according to analysts Oxford economy.
Mews, which provide a saas platform for hotel management to meet this demand, increased $ 75 million in $ 75 million.
The financing is in an interesting road in the travel industry.
On the one hand, a number of travel technology with European roots are the best of the capital to provide the capital: TravelPerk January He won $ 200 million worth $ 2.7 billion; Hostaway won $ 365 million December 2024Open Germany Tourlane won $ 26 million from Sequoia November 2024. The Prososh also collected Latin America travel player To leave for $ 1.7 billion.
However, not all is not rogue: it is not clear how the tariffs and other economic maneuvers will not mark the uncertainty of geopolitics. It is also noteworthy that Expedia is shoot manips – Can there be a one-time movement to increase efficiency or is the future more?
Mews also have rivals, as well as dozens of opponents, including Oracle, as well as other beginnings like SoftBank supported cloudy.
So far, things seem to be bent along for Mews.
Tiger Global, who has a new investor, has led the latest round, others returned to invest in Kinnevik, Battery Enterprises and Goldman Sachs’s growth capital. (Battery LED Mews’ $ 33 million Although the series B, Kinnevik and Goldman Sachs leads the beginning $ 185 million series c In 2022; Kinnevik also d in 2024 series $ 110 million.)
This last round is an opportunist, CEO Matt Welle spoke to Techcrunch in an interview. In particular, after the tiger, he came after approaching the job more. Mews does not disclose the current assessment and instead of this is called a common growth round. He said the beginning had planned to raise a bigger round one or two years.
For some context: exactly a year ago, when the Amsterdam Mews series grew up in the dial, was estimated at $ 1.2 billion.
Mews grow up. Currently, 6,300 hotels are using a platform over 5,000 a year ago and now make a 10 billion worth of $ 10 billion a year ago. In 2024, its income was more than $ 200 million, because he added more services to the customer and platform. An example: Mews recently acquired a named atom to help users with income management. Pitchbook Notes These Mews also lifted $ 100 million in the purchased in September.
Most MEWS, in Europe (this has a 20% market reputation in the Dach region), many increase in a large amount of a puddle.
These days, the founder (and CEO) Richard Valtr holds a lot of time in the United States, where the company has a lot of time – it has increased in North America twice in the last year.
When the Waltr is established in 2012, it realized many pain points of a hotel work. The owner of an independent hotel was itself, and he realized that he was an opportunity to use the Internet and the rise of the program-aa-service, to build a new thing.
There are a number of point solutions in the hospitality market, but the “toast” approach to the MEWS industry is building with the concept of expiration. Offers software to order online via the hotel availability and online, direct and third party platforms; Vehicles for the management of hotel staff and facilities; Payment and accounting; Event Management Program; Loyalty and guest experience applications and more.
Perhaps Welle, Welle, recently said that Mews in the EU has reduced. There are also algorithms to improve how an internal team working on different projects – not only the agent who faces the client, but also how MEWS works. An example is a new customer profile option that takes a hotel chain to create a hotel chain to create a hotel chain and the choice of choices to create a hotel chain to improve the customer service.
“Sarah Eadie said in the Mews, the hospitality sector and out of the sector and outside the Sarah Eadie, Sara Eadie, who invested for Tiger Global, said in a statement. (Tiger refused to give an interview for this story.)
As soon as the Mews is aimed at holding bigger fish in the hospitality space. The company has twice the number of “brands” using the tools, and new customers include the best Western hotels, weekend and LARK hotels.
To be clear, this does not mean that the best western Western use now use Mews. As with all deals with customers who activate the franchising model, Mews is already in a confirmed supplier list, but still need to sign a contract with an individual franchise to earn a new business.
