Mews to acquire Base7booking to accelerate European growth

Prague and Düsseldorf - Mews, a leader in cloud property management systems, today announces it has entered into an agreement to acquire the product line, Base7booking from trivago, a leading global accommodation search platform.

With 1000 customers located throughout Europe, Base7booking is a cloud-based property management system designed for independent properties. The acquisition by Mews will include the Base7booking product line, customers and customer support team.

Matthijs Welle, CEO of Mews, said, "Adding Base7booking to the Mews portfolio is a win-win for everyone. We share a strong European presence, 100% cloud-based software, and a complete focus on serving the needs of hoteliers and their guests. At the same time, we're investing millions of euros every year in R&D and product innovation. We strongly believe that our market focus and product roadmap will provide significant benefits for the Base7booking customers."

"The leadership team decided earlier this year to streamline our product portfolio," said Axel Hefer, CEO of trivago. We're excited to have found an agreement with a market leader in property management systems. We're very confident that Mews will be an excellent technology partner for the Base7booking customers and team."

The acquisition is part of Mews' European growth plans. The Base7booking customer base is located throughout the region, notably in Germany, Austria and Switzerland.

Richard Valtr, Founder of Mews said, "While our industry has been heavily affected by the pandemic, we're laser-focused on the recovery which is expected to begin in 1H 2021. Now is the moment for the thousand-strong customers from Base7booking to join Mews so they can take full advantage of our technology and expertise in hotel automation."

The transaction is expected to close in the fourth quarter of 2020. For more information, please see this blog post from Mews Founder, Richard Valtr and CEO, Matthijs Welle.

For inquiries, please contact [email protected].

About Mews

Mews is transforming the hospitality industry with a cloud-based property management solution for hotels, hostels, apartments and more. From independents to group brands, the Mews Hospitality Cloud acts as a central nervous system for property operations, guest experience, booking, payments and analytics. Over 1,700 properties across 62 countries run on Mews. Customers include The Dylan Amsterdam, edyn, Autocamp, Machefert Group, The Student Hotel, Generator-Freehand, and Tsogo Sun Hotels. For more information, please visit www.mews.com

About trivago

trivago is a leading global accommodation search platform focused on reshaping the way travelers search for and compare hotels and alternative accommodations. Incorporated in 2005 in Düsseldorf, Germany, the platform allows travelers to make informed decisions by providing them access to a deep supply of accommodation information and options from hundreds of websites. trivago enables its advertisers to grow their businesses by providing access to a broad audience of travelers via its websites and apps. As of June 30, 2020, trivago has established 54 localized platforms connected to over 5.0 million hotels and alternative accommodations, in over 190 countries.

Forward-looking statements

This press release contains certain forward-looking statements. Words, and variations of words such as "believe," "expect," "plan," "continue," "will," "should," and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual events and results to differ materially from those in the forward-looking statements. For additional information factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our public filings with the Securities and Exchange Commission. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.

George Barker
Director of Communications