Mews Secures Major Investment to Redefine Hospitality Management and Strengthen Leadership

Mews Strengthens Leadership with Significant Investment

Mews, a leading technology platform in the hospitality industry, recently announced that it has successfully secured $75 million in funding, spearheaded by Tiger Global, a prominent global investment firm. Along with existing investors Kinnevik, Battery Ventures, and Growth Equity at Goldman Sachs Alternatives, this investment is set to accelerate Mews' growth, particularly in the United States and the DACH region.

The financial backing is not just a vote of confidence in Mews; it represents a pivotal moment in the company's ambitious expansion strategy. Mews aims to drive platform innovation with advanced AI-driven revenue management functionalities and to propel strategic acquisitions within the industry. This recent capital influx comes on the heels of Mews experiencing remarkable global growth in 2024, with a year-on-year increase of over 50%. The company processed over $10 billion in payment volume and achieved revenues exceeding $200 million. Notably, Mews secured major clients, including BWH Hotels and completed the acquisition of Atomize, achieving an impressive 20% market penetration in the DACH region.

As part of its escalation plan, Mews focuses on rapidly enhancing its market presence in the U.S., regarded as one of the most vibrant markets in hospitality. The company has managed to double its revenue in North America compared to the previous year and double the number of hotel brands leveraging its platform, including forward-thinking brands like Lark Hotels, BWH Hotels, and Weekender. Moreover, the number of rooms and spaces managed through Mews more than doubled, overtaking several established PMS providers in the U.S.

Mews’ latest funding will propel its research and development efforts further, fostering innovations aimed at addressing the evolving needs of modern hospitality. By continually investing in cutting-edge technology, Mews is reshaping the future of hotel management, offering unprecedented scalability, automation, and operational intelligence, supporting some of the largest hotel brands globally.

Richard Valtr, founder of Mews, highlights the significance of this partnership with Tiger Global, stating, "Tiger Global is a compelling partner for the next chapter of our journey. Their experience with high-growth technology companies is invaluable as we expand our footprint, accelerate innovation, and pursue strategic acquisitions. This investment underscores our commitment to the U.S. market where we hold a strong leadership position. In recent years, we have invested more than $50 million in scaling our business and will continue to do so that reinforces our long-term strategy for global growth and market leadership."

Matt Welle, CEO of Mews, also commented on their visionary approach towards reimagining hospitality. "Our vision has always been to redefine hospitality with spaces that put people first, and this investment brings us even closer to that goal. There are enormous opportunities for AI to enhance both guest experiences and operational efficiencies in a data-rich industry. With Tiger Global's support, we are excited to continue riding the wave of innovation at the intersection of hospitality and artificial intelligence, with Mews at the forefront."

Sara Eadie from Tiger Global echoed the enthusiasm, remarking, "Mews is redefining what it means to deliver exceptional guest experiences in the hospitality sector and beyond. Our partnership with the Mews team marks an exciting step towards further expansion in North America and bolstering their global market leadership."

This significant investment illustrates Mews' commitment to shaping the future of hospitality management while ensuring enhanced guest services through innovative solutions.

For media inquiries, please contact Katie Halfhead at [email protected]

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