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 ‘unicorn’ 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 raised $200 million at a $2.7 billion valuation; Hostaway raised $365 million in December 2024; and Tourlane in Germany raised $26 million from Sequoia in November 2024. Prosus also scooped up Latin American travel player Despegar for $1.7 billion. But it’s not all rosy. It’s unclear how tariffs and other economic manoeuvres will impact people’s travel budgets, not to mention the uncertainty over geopolitics. It’s also notable that Expedia has been layi ... Read full article.