Hotel management platform Mews books $75M round led by Tiger Global

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Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded startup building an SaaS platform for hotel management, has raised a fresh $75 million.

The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at Oxford Economics forecast that the industry will grow by 12% this year, working out to 1.75 billion “arrivals.”

And budget for travel equates to money for travel startups. TravelPerk in January



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Hotel management platform Mews books $75M round led by Tiger Global


Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded startup building an SaaS platform for hotel management, has raised a fresh $75 million.

The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at Oxford Economics forecast that the industry will grow by 12% this year, working out to 1.75 billion “arrivals.”

And budget for travel equates to money for travel startups. TravelPerk in January



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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