Dreamfolks Faces Headwinds as Banks and Airports Rethink Lounge Access Partnerships

Dreamfolks Services Ltd, India’s dominant airport lounge aggregator, is facing mounting pressure as banks and airport operators explore direct partnerships, potentially threatening its near-monopoly status. The company, which facilitates credit card-based lounge access across 100% of domestic lounges, is now grappling with operational disruptions and strategic realignments.

 

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Strategic Challenges:

Outlook: Dreamfolks is attempting to diversify its revenue streams by onboarding enterprise clients and expanding into non-lounge services like airport transfers and wellness. However, with 93% of revenue still tied to airport lounges, the company must urgently adapt to retain relevance in a rapidly evolving travel-tech ecosystem.

 

Sources: The Hindu BusinessLine, Moneycontrol, Trade Brains