We are delighted to be starting the next step of our business growth with NVM.
No 1 Lounges.
No 1 Lounges was founded in 2006 by British entrepreneur and theatre producer, Phil Cameron. A regular traveller himself, he decided to use his extensive knowledge of branding, marketing and ticket sales to establish premium and innovative independent airport lounges across the UK.
No 1 Lounges offers travellers a convenient and comfortable service to take the hassle out of getting to and through airports. Phil and his team have developed a strong reputation in their market, to the extent that airport operators now proactively ask for No 1 lounges at their sites.
The airport lounge market is divided into two separate categories: independent lounges offering services to any passenger travelling through a specific airport; and airline operator lounges offering services to their own customers.
As an independent lounge provider, No.1 Lounges benefits from limited market competition – so there is an opportunity for strong growth across the UK and Europe.
No 1’s Lounges customers have increased significantly year-on-year, and the future looks bright too as an estimated 6.7bn passengers will travel through airports by 2032. The strongest growth will be seen across Asia-Pacific regions, with the forecast construction of 350 airports.
As part of the investment package, NVM will support No 1 Lounges growth strategy to include the development of four new airside lounge facilities. This will increase the company’s available market to over 50m passengers a year.
We are excited to be a part of No 1 Lounges journey going forward, especially given the global demand for airport lounges.