I think for dreamfolks the metric to track is growth of airport lounges, in terms of sq feet and also number of lounges, the devaluation of credit card reward was bound to happen, this kind of business is much more stable for everyone. I think I will rule out the possibility of a competitor getting in this business as GM should be stable around 10% atleast.
I wanted to understand how much banks are paying for lounge access, if on an average it costs around Rs 200-300 it can be sustainable with every year 5-8% escalation.
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