Cloud-based hotel technology platform Mews appointed Michael Coscetta as the company’s new president.
“From our first conversations with Michael, it was clear that he likes a serious challenge, and that he is the perfect fit for Mews at our next stage of growth,” Mews CEO Matt Welle said in a statement. “Michael’s experience in scaling businesses, including teams and revenues, will be invaluable as we continue to accelerate the adoption of cloud technology in hospitality and beyond.”
Before joining Mews, Coscetta was chief revenue officer at Paxos, a regulated blockchain infrastructure company that provided services to global technology and payments companies like PayPal, Bank of America, Nubank and Revolut.
His previous roles also include CCO and strategy officer at Compass, a real estate tech company, where he helped prepare the company for their 2021 IPO and scale annual revenues to $2 billion. This followed his time at Square, a point-of-sale and fintech business, where as Head of global sales he helped scale their sales team to five countries across small and medium businesses, mid-market and enterprise segments while also leading account management and the onboarding of their enterprise customers and platform partners.
“I feel incredibly fortunate to be joining Mews at a time of significant growth in an industry that is ripe for disruption,” Coscetta said. “Mews has a huge opportunity to further transform hospitality and help hoteliers grow their businesses through modern cloud technology and embedded payments. With the ambition I’ve already witnessed firsthand, I’m certain Mews will make a lasting, meaningful impact.”
In March, Mews secured $110 million in funding. The company recently acquired HS3 Hotelsoftware.