CodeGen

Published on Monday, August 13, 2018

Amadeus buys TravelClick

Amadeus is to buy hotel technology company TravelClick for $1.52 billion.

The deal will allow Amadeus Hospital software to double the number of properties it reaches to 53,000 as TravelClick says its CRS, guest management tool, business intelligence and media software are used by more than 25,000 customers, half of which are in North America.

In a statement, Amadeux president and CEO Luis Maroto said: "The combination of our two portfolios will allow us to provide that to hotels of all shapes and sizes across the world."

TravelClick was bought from private equity firm Thoma Bravo, which bought the company in 2014 for $930 million.

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