JPMorgan has purchased a reserving system, a restaurant evaluation firm, as well as a luxurious journey agent to set its plan in motion and is currently working on building branded airport lounges to further assist its clients.
The company already has a slice of the travelling global market as it launched personal bank cards that allows customers to build their journey rewards and later receive a money compensation on its Ultimate Rewards reserving website.
JPMorgan’s latest development plans aim to attract over USD 15 billion in bookings in 2025, which would make it the third-biggest journey agent in the US. Once the travelling sector is covered, the company is also taking into consideration a further expansion towards the automobiles and real estate market.
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