Building on its presence in Germany, cloud-based property management system provider Mews announced Tuesday the acquisition of HS3 Hotelsoftware, the German-founded, on-premises property management system.
Terms of the acquisition were not made public. Founded in 2009, HS3 Hotelsoftware has more than 3,500 customers using its software to streamline hotel operations.
“The German hospitality market is seeing rapid transformation, which is raising the bar for guest experience,” said Thorsten Mesch, CEO of HS3 Hotelsoftware. “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.”
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The deal comes as the post-pandemic digitalization gathers pace in Germany, where Mews has grown its customer base by 93%, and more hotels adopt cloud technology, Mews founder Richard Valtr said.
“More and more hoteliers in Germany are embracing automation and innovation to reshape the way hospitality is delivered,” he said. “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.”
Following its latest funding of $110 million, Mews is accelerating its growth with expansion in key markets. Founded in 2012, Mews is used by 5,000 hospitality brands in 85 countries, including over 700 hotels, apartments, hostels and campsites in the Germany-Austria-Switzerland region. Three-quarters of Mews customers in Germany are small and medium hotels.
“The DACH region has quickly become one of our fastest growing markets with more independent hoteliers seeking to modernize their technology,” Mews CEO Matt Welle said. “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.”
Earlier this year Mews acquired Frontdesk Anywhere, a cloud-based hotel management specialist.