Collinson triples investment in India

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Collinson, a global leader in customer benefits and loyalty, has announced a multi-million-dollar investment in India to fuel growth of Priority Pass, its airport experiences program.

Priority Pass will double its lounge portfolio in India over the next three years, building on its suite of 45 airport lounges in 20 Indian cities and its global network of more than 1,200 lounges and airport experiences.

Collinson’s airport infrastructure business, Airport Lounge Development (ALD), is also working with airports across India to identify opportunities to open its own exclusive lounges and airport amenities.

A privately-owned US$1bn company, Collinson’s investment in Indian airport experiences is part of a global vision to enhance its offering to more than 30 financial services clients in India and more than 1,400 banks globally. The company is also in discussions with several innovative Indian technology service providers regarding potential partnership, to ensure it can deliver bespoke solutions in India.

David Evans, joint CEO of Collinson, said, “India is a vital market and one we see on a par with China in terms of growth potential. With 1.7 billion domestic passengers having flown in 2017 and outbound travelers expected to reach 50 million by 2020, the influence of the Indian traveler is only going to increase.

“Having had success with emerging markets such as China, Russia and Brazil, and a presence in India for 15 years, it’s exciting to triple our investment there. We look forward to building out our lounge inventory and our own airport infrastructure, creating more locally relevant propositions and further strengthening our team on the ground with additional skilled local resource, and partnering with Indian businesses to redefine the airport experience for the benefit of domestic and international travelers.”

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Tara has worked for UKi Media & Events since 2013, initially as a freelancer. She has been a journalist for over a decade and has worked for a range of publications, including Personnel Today, Management Today and The Grocer.

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