Mews, which offers cloud-based hotel management tools, raised $110M led by Kinnevik at a $1.2B post-money valuation; the company says it's not yet profitable (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:

Mews, which offers cloud-based hotel management tools, raised $110M led by Kinnevik at a $1.2B post-money valuation; the company says it’s not yet profitable  —  Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020.