Czech Republic: Property management system Mews has launched Mews Ventures, its investment arm to fuel the growth and innovation of the hospitality industry.
The mergers and acquisitions team at Mews has been operating since 2018. In line with the company’s recent acquisitions including Cenium and Bizzon, Mews Ventures has been formed to identify the opportunities to enhance the technology powering guest experiences.
Richard Valtr, founder of Mews, said: “There’s going to be considerable consolidation within hospitality over the next few years, and this puts us in a great position to take advantage. I’m proud of the team we have assembled, who have already shown tremendous talent and tenacity on several big projects. We are constantly on the lookout for talented teams to help us in our mission to become one of the largest hospitality companies in the world.”
Dirk Leysen, owner of Planet Winner which Mews acquired in 2019 and who is now a director for Mews Ventures, added: “We know what it’s like to be on the other side of the process. We use everything we learned to ensure that every deal goes as smoothly as possible, and that our ambition goes hand in hand with openness and collaboration. It’s such an exciting time not only for us, but for the industry as a whole.”
Further information about Mews Ventures can be found here.