Mews

💰 Mews, a leader in the cloud hospitality sector, secured a $100 million financing from Vista Credit Partners, an affiliate of Vista Equity Partners. The investment aims to fuel Mews' M&A program and cement its market leadership. The travel and tourism industry, worth $15.5 trillion, is rapidly adopting cloud technology. Mews Ventures, the investment arm of Mews, has acquired nine companies to date, and the new funding will further accelerate growth and technological transformation in the hospitality industry. Mews CEO, Matt Welle, highlighted the significance of cloud technology in enhancing guest services.

🏨 Mews, awarded Best PMS 2024 by Hotel Tech Report, now serves over 1,000 establishments in France, making it the country with the most Mews clients. Matt Welle, CEO of Mews, highlighted the significant investments made in France to build experienced teams and meet French hoteliers' specific needs. The client base includes various types such as luxury five-star hotels, budget hotels, city hostels, countryside chateaux, and long-stay specialized establishments.