Growth of travel fuels Amadeus’ Q1 performance

The company reported a strong start to the year across its distribution, IT solutions and hospitality business units

May 10, 2023

Amadeus started the year strongly, with solid operating and financial performances across all of its segments. Air traffic improved globally, both domestic and international, with Asia Pacific traffic recovering particularly well, and Amadeus bookings growing above 150% compared to the same period of last year.

Key takeaways

  • In Air Distribution, in the first quarter of 2023, Amadeus’ bookings were 32.8% higher than in the first quarter of 2022;
  • In Air IT Solutions, Amadeus passengers boarded were 55.1% higher than in the same period of 2022, driven by the continued progress in the travel industry and new customer implementations;
  • Hospitality & Other Solutions revenue was 31.3% higher than in the first quarter of 2022, with all revenue lines within Hospitality reporting double-digit growth rates.

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