Amadeus Sees Hotel Software Revenue Nearly Regain 2019 Levels
Photo Caption: Shown is a guest room at W London Leicester Square, owned by Marriott International, which is a client of the central reservation system owned by Amadeus.
Skift Take
Consumer demand for travel hasn't slowed down yet. Numbers from the travel tech giant Amadeus underscore that momentum.
The non-air products that Amadeus offers are the closest to recovering to 2019 revenue levels.
Revenue last quarter for “hospitality and other” products was very close to meeting the level in 2019, at $202.7 million (€204.8 million) in revenue, led by hospitality products, according to an earnings report the Madrid-based travel technology group gave on Friday.
Amadeus had reported in September that global hotel occupancy exceeded pre-pandemic levels in July and August. On Friday it forecasted a strong fourth quarter.
“The quarter-on-quarter progress Amadeus had was enabled by consistently stronger revenue performance across our revenue lines, supported by volume growth, as well by new customer implementations across our portfolio of hospitality solutions,” sai
