Mews Books $75M Round Led by Tiger Global
Mews, a hotel management platform based in Amsterdam, has successfully secured a $75 million funding round led by Tiger Global, reflecting the ongoing demand for travel despite economic uncertainties. The company has seen substantial growth, with its platform now serving over 6,300 hotels and processing $10 billion in payments in 2024, doubling its revenue from the previous year. With plans for expansion and a strong focus on AI innovations, Mews is positioning itself to capture a larger share of the hospitality market, especially in North America.
- This funding round highlights a significant trend within the travel and hospitality sectors, where emerging startups are thriving despite broader economic challenges, suggesting a potential shift in consumer behavior towards travel experiences.
- How will Mews' focus on AI and end-to-end solutions influence the competitive landscape among traditional hotel management systems in the next few years?