Deal expected to drive ‘significant market penetration’ in Germany
Mews acquires HS3 Hotelsoftware
Mews has acquired fellow German property management system (PMS) HS3 Hotelsoftware.
The acquisition is touted to bring Mews ‘significant market penetration’ in Germany and simplify operations for hoteliers and their guests.
It comes as more hotels adopt cloud technology, where Mews has grown its customer base by 93% and raised $110 million to drive its growth.
Mews is now used by more than 700 hotels, apartments, hostels and campsites in DACH and more than 30,000 beds in the region are managed via Mews software.
Some 76% of Mews customers in Germany are small and medium hotels, including Hotel Oderberger in Berlin, harry’s home and Paulinenhof.
HS3 Hotelsoftware, founded in 2009, has more than 3,500 customers using its software.
Mews chief executive Matt Welle said: “The DACH region has quickly become one of our fastest growing markets with more independent hoteliers seeking to modernize their technology.
“Acquiring HS3 Hotelsoftware is a significant step to help more German hoteliers onto the cloud, as we triple the number of rooms in Germany that are managed via Mews.
“We are incredibly excited to welcome the brilliant team to Mews and to support HS3’s customers to provide remarkable hospitality for years to come.”
Thorsten Mesch, chief executive of HS3 Hotelsoftware, added: “The German hospitality market is seeing rapid transformation which is raising the bar for guest experience.
“That’s why it’s such an exciting time to join forces with Mews, for our team, our customers and the future of hospitality in Germany.”
Richard Valtr, founder of Mews, said: “More and more hoteliers in Germany are embracing automation and innovation to reshape the way hospitality is delivered. The transformation we’re seeing isn’t limited to the big hotel groups. A significant amount of innovation is in the independent hotel sector, with hoteliers digitalizing their operations to create unique and remarkable experiences for their guests.”