American Express acquiring airport lounge platform LoungeBuddy
American Express is acquiring commercial partner LoungeBuddy for an undisclosed amount.
LoungeBuddy is a booking app which searches and books access to airport lounges worldwide.
It also offers lounge ratings and reviews and has been available via the AmEx app for the past two years.
The acquisition will allow it to ‘further deliver’ on its current services, said LoungeBuddy co-founder and CTO, Zac Altman.
LoungeBuddy was established in 2013 and raised about $4 million in funding.
Once the deal is finalized in April, LoungeBuddy will operate as a wholly-owned American Express subsidiary.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Airlines suspend Madagascar services following unrest and army revolt
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airbnb eyes a loyalty program but details remain under wraps
Air Mauritius reduces frequencies to Europe and Asia for the holiday season