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Dining perks have long been a benefit of use for American Express users, and now AmEx is taking &ldquo;a new step into the industry--by buying the country&rsquo;s biggest privately held restaurant reservation service,&rdquo; according to an article in <a href="https://www.nytimes.com/2019/05/15/business/dealbook/american-express-resy.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=american-express-buys-reservation-booking-company-resy-as-part-of-plan-to-expand-into-hospitality-industry-2709975" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">The New York Times</a>.

<a href="https://resy.com/?date=2019-05-15&amp%3Bseats=2&utm_source=1851franchise.com&utm_medium=article&utm_campaign=american-express-buys-reservation-booking-company-resy-as-part-of-plan-to-expand-into-hospitality-industry-2709975" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Resy</a> was one of the early players in the world of online reservation booking, &ldquo;founded in 2014&rdquo; and with &ldquo;4,000 restaurants on its platform in 10 countries,&rdquo; the article said. Resy offers services which &ldquo;allow customers to book reservations and restaurants to manage them,&rdquo; according to the article.

&ldquo;It is part of the card company&rsquo;s effort to expand in the hospitality industry, with earlier acquisitions like the travel-assistant app Mezi and the airport-lounge booking service <a href="https://www.nytimes.com/2018/07/16/travel/airport-luxury-lounges-airlines.html?module=inline&utm_source=1851franchise.com&utm_medium=article&utm_campaign=american-express-buys-reservation-booking-company-resy-as-part-of-plan-to-expand-into-hospitality-industry-2709975" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">LoungeBuddy</a>,&rdquo; the article said. 

According to the article, Resy&rsquo;s co-founder and CEO, Ben Leventhal, said, &ldquo;Putting Resy and American Express together will give Resy valuable scale.&rdquo;

The acquisition may position Resy to overtake its rival, the smaller but better known OpenTable.

For the full article, click <a href="https://www.nytimes.com/2019/05/15/business/dealbook/american-express-resy.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=american-express-buys-reservation-booking-company-resy-as-part-of-plan-to-expand-into-hospitality-industry-2709975" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

<div>&nbsp;</div>

American Express Buys Reservation-Booking Company, Resy, As Part of Plan to Expand into Hospitality Industry

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Resy’s platform boasts 4,000 restaurants in 10 countries, and its purchase by American Express makes it the third booking company acquired by the financial services company.


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