Amadeus said it is “well prepared” for 2025 as it reported first quarter 2025 financial results.
The company saw a 9% increase in group revenue to €1.6 billion while operating income increased 10% to €462 million year over year.
Profit increased 13% to €355 million year over year and adjusted EBITDA was up 8% to €628 million.
“In a dynamic global environment, despite the current broad uncertainty, Amadeus demonstrated resilience and growth, underpinned by commercial success and its global footprint in travel,” said Luis Maroto, president and CEO of Amadeus.
“We delivered strong performance across our businesses, with particularly high-volume growth in Asia Pacific. We are well prepared for 2025 and look forward to the rest of the year. We remain focused on delivering on our commitments as we continue to expand the value we create for our customers.”
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Air distribution increased 8% year over year to €821 million which the company attributed to a 2.5% growth in bookings and a 5% revenue per booking increase. Asia Pacific bookings increased 10%.
Revenue for the air IT solutions business rose 11% to €511 million in Q1 compared to the same period in 2024.
Revenue for the hospitality business unit also increased 11% to €260 million in Q1 2025. The company said increased transaction volumes and new customer implementations helped the growth.
Commenting on any potential impact from Sabre’s sale of its hospitality business, Paco Pérez-Lozao Rüter, president and senior vice president of Amadeus hospitality said he didn’t anticipate any impact in the short term.
“We are very bullish about our IT business. Our contracted business including Accor and Marriott we believe we are at least double the size of any one else in the space by transactions. We’re well-positioned in tier one brands which are the ones expanding the fastest.”
Later in the call, Maroto said the hospitality business was expected to accelerate in the second half of this year. The impact from migration of Marriott would be felt later this year with bigger impact in 2026. The migration of Accor, he said, would have an impact in 2026 but more in 2027.