TFS Ends DreamFolks Partnership, Pursues Direct Bank Deals

TFS, a company that runs airport lounges, has stopped working with DreamFolks, which helped them connect with banks and card companies.

TFS operates 37 lounges, including some new ones in Hong Kong and Kuala Lumpur.

They tried to change the terms of their agreement with DreamFolks but couldn't, so now TFS is talking directly to banks.

This change won't affect how TFS runs its business.

Other companies, like Adani Digital and Encalm Hospitality, have also taken action against DreamFolks.

DreamFolks is now taking legal action in court.

DreamFolks is also trying to focus on global lounges and new services.