American Express is taking another big step into the restaurant business, acquiring restaurant booking startup Resy.
This isn’t the first time American Express has expanded itself through startup acquisition, as it seems like their strategy is now focused on integrating into full service concierge. They now currently own LoungeBuddy and Mezi, a travel app.
“Resy was created to both connect people who love dining out with new, notable and hard-to-get-into restaurants across the globe, as well as help restaurants’ businesses grow and thrive,” said Chris Cracchiolo, Senior Vice President, Global Loyalty and Benefits, American Express
“Similarly, American Express has strong relationships with premium dining partners and restaurants across the globe, and provides our Card Members with access to incredible dining experiences through our exclusive benefits and programs,” he continued. “We look forward to working with the Resy team to continue to grow the Resy digital platform, and develop new ways to further connect our Card Members and restaurant partners through unique access and experiences.”