American Express has agreed to acquire Resy, a five-year-old reservation management company, in a move that marks further consolidation in the hospitality tech space.
“American Express is a brand that we have admired and sought to partner with from our inception,” Resy’s co-founder and CEO, Ben Leventhal, said in a release. Leventhal will continue to lead the company after the acquisition, which is expected to be completed in summer 2019. Terms of the deal were not disclosed.
Resy offers table management and a booking technology suite for restaurants as well as a consumer-facing restaurant reservation app and website. In November 2018, Resy acquired Reserve, a competitor in the space. Earlier that year the company bought ClubKviar, the luxury reservation service based in Spain.
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