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Mews, the hotel SaaS startup, books $110M at a $1.2B valuation
Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time
And while it has had some traction with the long tail of independent hoteliers, it’s also brokered key deals with bigger chains like Accor, Generator-Freehand, The Strawberry Group, The Social Hub and Airelles. Back in 2022 the company’s founder and president Richard Valtr told us that the plan was to consider how to bring its tools to a wider set of customers beyond hotels, leaning into the Airbnb effect, where more private properties are co-opted as temporary accommodation alternatives. “Mews is making a transformative impact to support some of the most innovative hospitality brands around the world as cloud adoption accelerates across the $15.5 trillion global travel and tourism industry,” said Alexander Lippert, MD in Growth Equity at Goldman Sachs Asset Management, in a statement.
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