Amadeus eyes $7b market with TravelClick-bolstered hotel strategy
Amadeus is to integrate TravelClick into its Hospitality, going up against players like Sabre and Oracle.
Amadeus says the acquisition of TravelClick is a key element to support "double-digit growth" of its hospitality business.
A deal to the buy the U.S. reservation system provider for $1.52 billion was agreed last week, ending a short period of speculation when the sale price was rumored to be as high as $3 billion.
The company does not currently separate hospitality tech within its wider IT Solutions recorded revenue, so it is difficult to gauge how much the focus could be worth when placed alongside systems and other platforms that it provides to the airline sector.
Amadeus's focus on reservation systems and other core technology needs in the back-end would account for around a quarter of that, once items such as property wifi, room key technology and in-room entertainment investments are removed.
When asked if an earlier acquisition of TravelClick would have accelerated its ongoing reservation system project with InterContinental Hotels Group, Perez-Lozao says: "TravelClick solutions address a different market segment with high focus and success in the Mid-Chain and in the independent market segments."
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