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Priority Pass secures £350 million financing to accelerate travel innovation, backed by Collinson Group's £500 million growth programme.

PRIVATESep 15, 20261 day ago

Amount Raised

£350 Million

Round Type

Venture - Series Unknown

DallasLeisureTravel

Investors

Collinson Group

Description

Priority Pass, the leading airport experiences programme, has announced its benefits from Collinson Group's £500 million growth programme. A significant part of this will be directed towards expanding the lounge network and investing in Priority Pass. This funding aims to strengthen Priority Pass's core offerings. The new £350 million financing facility will support these initiatives.

Company Information

Company

Priority Pass

Location

Dallas, Texas, United States

About

Priority Pass is the world's original and market-leading airport experiences program. It offers travelers access to a network of airport lounges, enhancing their travel experience. The company is focused on growing its proprietary lounge network and providing innovative solutions in travel. With the support of the Collinson Group’s investment, Priority Pass aims to strengthen its core offerings.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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