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Amadeus inks $1.52bn deal to acquire software firm TravelClick

Hotels
James Chapple
13 August 2018

Amadeus has acquired software developer TravelClick for $1.52 billion (~£1.2 billion).

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The IT giant said the deal would significantly expand its presence in the hospitality sector.


New York-based TravelClick provides cloud-based software solutions, mainly to the hotel business.


It currently has more than 25,000 customers across 176 countries.


Amadeus said acquiring TravelClick’s portfolio would improve digital interaction with guests and reduce costs.


Luis Maroto, Amadeus president and chief executive, said TravelClick’s technology and broad customer base would allow it to provide the hospitality industry the tools it needs to grow.