Hospitality technology and cloud-native property management systems (PMS) provider Mews has acquired German on-premises PMS provider HS3 Hotelsoftware.
Financial details of the transaction were not disclosed.
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The move is set to enhance Mews’s market penetration in Germany.
With a team specialising in optimising hotel operations, HS3 serves more than 3,500 clients. The company was established in 2009.
HS3 Hotelsoftware CEO Thorsten Mesch said: “The German hospitality market is seeing rapid transformation which is raising the bar for guest experience. 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.”
Mews’s acquisition, facilitated by Mews Ventures, aims to expedite the transformation within the hospitality industry.
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By GlobalDataIt intends to bolster the company’s dedication to delivering technology that streamlines operations for hoteliers and their guests.
Mews notes that its services are used by more than 700 hotels, apartments, hostels and campsites across the DACH region (Germany, Austria and Switzerland).
The region accounts for more than 30,000 beds managed through Mews’s technology.
In Germany, 76% of Mews’s clientele currently comprises small and medium-sized hotels, including Hotel Oderberger in Berlin, and Paulinenhof.
Mews CEO Matt Welle said: “The DACH region has quickly become one of our fastest growing markets with more independent hoteliers seeking to modernise their technology.
“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. We are incredibly excited to welcome the brilliant team to Mews and to support HS3’s customers to provide remarkable hospitality for years to come.”
The move comes shortly after Mews, in partnership with financing provider YouLend, introduced a funding programme named Flexible Financing.
