Mews Expands Its Portfolio with Quotelo Acquisition in France
Mews makes its first French product acquisition
Mews, a leading name in hospitality cloud solutions, has officially acquired Quotelo, which signifies its initial expansion into the French market with a product acquisition. This move arrives as Mews proudly announces surpassing 1,000 clients in the region, underscoring its dedication to fostering innovation and bolstering its presence within France.
Established in 2021, Quotelo is transforming how events are managed within the hospitality sector by streamlining the quotation, booking, and management processes involved in organizing events. Its innovative solution aids independent hotels, resorts, and major hotel brands to amplify their revenue from group bookings and MICE (Meetings, Incentives, Conferences, and Exhibitions) events.
The acquisition reflects Mews' year of remarkable growth, having increased its clientele in France by a substantial 57%, established a new office in Paris, and attained certification as a PMS provider for BWH Hotels. Mews warmly welcomes the entire Quotelo team, bringing their expertise and innovative approach to the company.
Matt Welle, CEO of Mews, highlighted the importance of adapting to evolving market demands. He stated, "As properties increasingly rethink their offerings, having a robust event management solution is essential for managing conferences and gatherings. By providing top-notch sales and catering services, hotels are poised to draw in more events to their venues, enhancing their overall revenue and filling their rooms, while also promoting additional hotel services." He expressed excitement about integrating Quotelo's capabilities into Mews’ offerings, empowering customers to realize greater success.
Innovations and Features of Quotelo
Customer-Centric Event Management Solutions
Quotelo implements a new generation of event management that is focused on customer satisfaction. Among its extensive features are:
- An intuitive and streamlined booking engine designed specifically for MICE and group events.
- Automated and digitalized quotations that simplify the budgeting process.
- Effective orchestration of bookings across various timeframes, from hours to months.
- Room and event space planning that is accessible and manageable by all staff.
- Digital function sheets that ensure seamless execution of events.
A Shared Vision for Hospitality
Tristan Gibausset, co-CEO and co-founder of Quotelo, emphasized the alignment of both companies’ visions: "Mews' emphasis on simplifying and automating hotel operations resonates with our goal to innovate and rehumanize the event hospitality space. We are thrilled to collaborate with Mews as we establish new benchmarks for the industry."
A Strategic Growth Move
This acquisition marks the tenth strategic acquisition for Mews Ventures, indicative of its aggressive growth strategy. Past investments include notable companies such as HS3 and Frontdesk Anywhere. Mews continues to expand its marketplace presence as a leader in hospitality technology.
About Mews and Quotelo
About Mews: Mews stands at the forefront of hospitality innovation, serving over 5,500 clients in more than 85 countries. The Mews Hospitality Cloud platform is tailored to enhance operational efficiency, enrich guest experiences, and foster profitability for hoteliers. Noteworthy clientele includes BWH Hotels, Strawberry, The Social Hub, and Airelles Collection. Mews has earned accolades as Best PMS (2024) and recognition as one of the Best Places to Work in Hotel Tech in multiple years by Hotel Tech Report.
About Quotelo: Quotelo represents a pioneering French tech venture aimed at transforming the hospitality and MICE industry through automation. By integrating task management, invoicing, scheduling, and quote generation into an efficient booking engine, Quotelo aids hotel properties in catering to diverse customer requests swiftly and effectively.
Mews Media Contact: Katie Halfhead
Frequently Asked Questions
1. What is the significance of Mews acquiring Quotelo?
The acquisition represents Mews' commitment to expanding its innovative solutions in hospitality, particularly enhancing event management capabilities.
2. When was Quotelo founded?
Quotelo was founded in 2021, aiming to revolutionize event hospitality services.
3. How does Quotelo improve event management?
Quotelo automates quotations, bookings, and schedules, providing a user-friendly platform tailored for event management.
4. What impact does this acquisition have on Mews customers?
This acquisition enriches Mews' offerings, enabling customers to efficiently manage events and deepen their revenue streams.
5. Who are the key players involved in this acquisition?
Matt Welle, CEO of Mews, and Tristan Gibausset, co-CEO of Quotelo, are pivotal figures championing the integration of their companies' visions.
