Newsletter
Dreamfolks Services shares jumped 10% after the company announced plans to acquire a 50.01% stake in Ten11 Hospitality LLP.
Dreamfolks operates India’s largest airport service aggregator, providing lounge access, travel assistance, and premium airport experiences to passengers.
Ten11 Hospitality LLP, meanwhile, runs restaurants, cafés, and other hospitality ventures focused on enhancing dining experiences.
What’s brewing: the acquisition aims to strengthen Dreamfolks’ lounge and hospitality network across India.
By taking control of one of its key service partners, the company looks to expand its physical infrastructure, streamline operations, and potentially foray into the railway hospitality space.
What it means for you: for frequent travellers, this could mean better lounge access, improved food options, and smoother airport or railway experiences as Dreamfolks expands its network.
More competition and integrated services might also bring greater convenience and value-added perks through credit cards and loyalty programs.
