Mews Expands Presence in German Market with Acquisition of HS3 Hotelsoftware
Hotel technology solution provider Mews is making waves in the German market with its recent acquisition of HS3 Hotelsoftware, a company renowned for its on-premises property management systems. This strategic move comes on the heels of Mews’ successful funding round of $110 million, which has fueled its expansion in key markets.
Mews’ technology is already utilized by over 700 hospitality establishments in the DACH region, managing more than 30,000 beds. With 76% of its clientele in Germany consisting of small to medium-sized hotels, including well-known names like Hotel Oderberger in Berlin and harry’s home, Mews is poised for further growth and success in the region.
Founded in 2009, HS3 Hotelsoftware brings over 15 years of experience in enhancing hotel operations and guest services, with a customer base of more than 3,500 hotels. The acquisition aims to triple the number of rooms managed via Mews in Germany, solidifying its position as a leading provider of hotel technology solutions in the country.
Mews’ recent funding round, led by Kinnevik, has brought the company’s valuation to $1.2 billion, highlighting its rapid growth and success in the industry. With a focus on global expansion, research and development, and strategic acquisitions, Mews is committed to empowering hospitality organizations to accelerate their digital transformation.
With a comprehensive property management system, integrated payment ecosystem, and marketplace of 600 apps, Mews is revolutionizing the way hotels operate and serve their guests. As the company continues to drive innovation and expand its market presence, the future looks bright for Mews and its customers in Germany and beyond.