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Mews acquires HS3 Hotelsoftware to strengthen its presence in Germany

May 14, 2024•over 1 year ago

Acquiring Company

Mews

Acquired Company

HS3 Hotelsoftware

AmsterdamDetmoldinformation technology & servicesSoftwareHotelHospitality

Description

Mews, a leading provider of hotel technology, has announced the acquisition of HS3 Hotelsoftware, a move that significantly enhances Mews' position in the German market. With a growing demand for cloud technology in the hospitality industry, this strategic acquisition aligns with Mews' goal of modernizing technology for independent hotels, enabling them to create exceptional guest experiences.

Company Information

Company

Mews

Location

542 Singel

Amsterdam, North Holland, Netherlands

About

Mews is a leading platform for the new era of hospitality. Over 3,500 properties in 80 countries are powered by Mews. The Mews Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses. Customers include Accor, Generator-Freehand, Nordic Choice Hotels, The Social Hub, Life House and Les Airelles. Mews has been named the World's Best Independent Hotel PMS Provider by World Travel Tech Awards (2022) and won Best Place to Work in Hotel Tech (2021, 2022) from Hotel Tech Report. The company has offices in Europe, the United States and Australia.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed