Amadeus Sets First Multi-Year Growth Target as AI Reshapes Travel Tech

Key Points

• Amadeus announced its first-ever multi-year earnings growth target, projecting low double-digit EPS growth from 2026 to 2028.
• The company sees artificial intelligence and cloud migration as key drivers for increased bookings, revenue, and margin expansion.
• Amadeus’s growth targets depend on transaction volume and require balancing heavy investment in technology with efficiency gains.

Summary

Amadeus has set its first multi-year earnings growth target, aiming for low double-digit EPS growth from 2026 to 2028, and expects high single-digit revenue growth. The company is responding to the impact of artificial intelligence and cloud migration, which are changing how travelers interact with airlines and hotels and increasing the potential for higher transaction volumes and revenue per booking. However, the success of these targets hinges on sustained booking volumes and the company’s ability to balance significant investments in AI and technology infrastructure with margin expansion.