
DreamFolks crisis deepens as more banks shun airport lounge middleman
Published on: Sept. 17, 2025, 4 a.m. | Source: The Economic Times
Till last year, nearly 90% of Indias lounge business moved via DreamFolks. But airport and lounge operators are now establishing direct relationships with banks, bypassing intermediaries. ICICI and Axis were among the first to make a move, and now other major banks are set to follow suit.