Mews secures $33m in funding, eyes expansion in US
Mews Systems, a cloud-based property management software provider based in the Czech Republic, has secured $33 million in investment in a Series B round to further speed up its expertise to transform how hotels operate and serve guests.
The funding led by investment firm Battery Ventures will enable new technology players to find innovative ways of providing hospitality experiences.
The proceeds will also support the expansion of the property management software provider in the US and the impending launch of its office in New York City.
Mews platform will enable hotels to create new revenue channels and branding opportunities while guests to create and manage their ideal stays.
Property management software provider Mews bags $33m in funding. Image courtesy of Mews Systems.
Post investment, Mews is planning to establish a new standard of excellence in hospitality by bring other first-of-their-kind features to hotel operations.
Richard Valtr – founder of Mews said: “The hospitality industry has been slow in adapting to today’s guests’ expectations, to make their stay easy, enjoyable and memorable.
“Mews was created to help hotels run far more efficiently so that they can switch their focus entirely back to the guest.
“We are building technology that enhances human capabilities to elevate the design and curation of experiences as the primary business of hospitality, away from repetitive data entry.”
Mews, which works with over 130,000 beds at over 1,000 properties across 47 countries, will allow its hospitality customers to transact more than $150 million each month in hotel and ancillary purchases.
Matthijs Welle – CEO of Mews said: “Mews has a bold vision for where hospitality can go that extends far beyond our mobile check-in technology or plug-and-play marketplace.
“We want to redefine the modern stay from the ground up by improving operations, enhancing branding and empowering staff to become a high functioning and resourceful experience design and curation team.
“We’re thrilled to be on course for consecutive 200% YOY growth, so it’s exciting to see a real appetite for change.”
Clients of the property management software provider include Accor, Tsogo Sun, Generator, Collective and LifeHouse Group.