Mews, Cloud-Based Hotel Software, Hits $1.2 Billion Valuation in Hospitality Tech Surge

Mews, the innovative cloud-based hotel software co-founded by Richard Valtr and led by CEO Matthijs Welle, has reached a valuation of $1.2 billion after securing $110 million in funding, with Kinnevik as the lead investor. The company’s success represents a pivotal moment in hospitality technology, with Mews distinguishing itself through an intuitive design and a modular approach to hotel management software. Valtr’s journey into the tech world, rooted in his family’s legacy of hotel development, reflects Mews’ vision to revolutionize the outdated hotel software landscape. The company’s impressive annual recurring revenue of $100 million and strategic expansion through acquisitions underscore its impact on …
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