IT provider Amadeus has acquired Netherlands-based cloud-native property management systems (PMS) maker Itesso BV to expand its technology offerings in the hotel industry.

Itesso provides PMS to 1,800 properties worldwide, and introduced cloud-native Itesso Enterprise Lodging system (Itesso ELS).

According to Amadeus, the $830m acquisition will help it combine PMS, revenue management (RMS) and central reservation systems (CRS), as well as sales and catering into a cloud-based community model platform focusing on the guest experience, reported Travel Daily Asia.

"We believe we have a great cultural fit with Itesso."

The system will be offered to customers who can subscribe to services according to their requirements. They will have the option to sign up for individual applications or the entire range.

Customers will also be able to use hotel proprietary or third party systems that are backed by good customer service, Amadeus said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Amadeus previously acquired US-based groups and events specialist Newmarket in order to accelerate its commitment towards the hotel IT sector, and is currently working with InterContinental Hotels to develop a next-generation guest reservation system.

Amadeus New Businesses senior vice-president Paco Perez-Lozao said: "Property management technology is a critical component of our strategy and we assessed numerous options to extend our capabilities in this area.

"It was critical that we found a company with the right expertise that was focused on customer success and shared our vision. We believe we have a great cultural fit with Itesso.

"Their technology stands out, and as a cloud-native PMS can be tightly integrated with our overall offering."