Mews Secures $75 Million Investment to Redefine Hotel Management
NEW YORK, March 4, 2025 /PRNewswire/ — Mews, a leading hotel technology platform, has announced a significant $75 million investment led by Tiger Global to fuel growth in the United States. This funding reinforces Mews’ position as a leader in the hotel industry, supporting its expansion in the U.S. and DACH regions, enhancing platform innovation with AI-driven revenue management capabilities, and driving strategic acquisitions.
In 2024, Mews experienced impressive global growth, with over 50% year-over-year growth, processing over $10 billion in payment volume, and generating over $200 million in revenue. The company onboarded prominent clients such as BWH Hotels, completed the acquisition of Atomize, and achieved a market penetration of 20% in the DACH region.
The latest funding represents a pivotal moment in Mews’ expansion strategy, focusing on accelerating growth in the dynamic U.S. hotel market. Recent milestones in North America include doubling revenue year-over-year, doubling the number of hotel brands using Mews, and managing double the number of rooms and spaces compared to established PMS players in the U.S.
Moreover, the investment will drive Mews’ R&D efforts, enhancing innovation to meet the evolving needs of the modern hotel landscape. By continuously investing in technology, Mews aims to shape the future of hotel management, offering unparalleled scalability, automation, and operational intelligence to some of the world’s leading hotel brands.
Richard Valtr, Mews’ founder, stated, “Tiger Global is an attractive partner for the next chapter of our journey. Their experience with high-growth technology companies and category winners in the U.S., such as Toast, Procore, and ServiceTitan, is valuable as we continue to expand our presence, accelerate innovation, and pursue strategic acquisitions. This investment reaffirms our dedication to the U.S. market, where we have established a strong leadership position and invested over $50 million to grow our business in recent years. We will continue to significantly invest in the market, reinforcing our long-term growth and global leadership strategy.”
Matt Welle, CEO of Mews, added, “Our vision has always been to redefine hospitality with spaces that put people at the center, and this investment brings us closer to achieving that goal. There are numerous opportunities for AI to enhance both guest experience and operational efficiency in an industry rich in data. With Tiger Global’s backing, we are excited to leverage the wave of innovation at the intersection of hospitality and AI, with Mews at the forefront.”
Sara Eadie of Tiger Global commented, “Mews is redefining what it means to provide exceptional guest experiences in the hospitality sector and beyond. Our partnership with the Mews team marks an exciting step as they continue to expand in North America and strengthen their leadership in the global market.”
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In conclusion, Mews’ $75 million investment from Tiger Global will propel the company’s growth in the U.S. market, drive innovation in hotel management, and solidify its position as a leader in the industry. With a focus on AI-driven solutions and strategic acquisitions, Mews is poised to shape the future of hospitality. Stay tuned for more exciting developments from Mews as they continue to redefine the hotel management landscape.
