American Express to Acquire TheFork
American Express today announced a proposed acquisition of TheFork, an online restaurant reservation and management platform in Europe, from Tripadvisor, Inc.
TheFork connects millions of diners with more than 50,000 restaurants across 11 European countries through its restaurant management, booking and customer engagement platform, alongside a consumer-facing restaurant discovery and reservation app and website.
The proposed acquisition builds on American Express’ broader dining strategy and its acquisitions of digital dining platforms Resy and Tock. Together, these platforms are expected to expand American Express’ dining network to 75,000 bookable venues.
Several American Express credit cards have a Resy credit, which will likely be devalued soon:
| Card | Resy Credit |
|---|---|
| Amex Platinum Card | Up to $400/year ($100 per quarter) |
| Amex Gold Card | Up to $100/year ($50 Jan-Jun + $50 Jul-Dec) |
| Delta SkyMiles Reserve | Up to $240/year ($20/month) |
| Delta SkyMiles Reserve Business | Up to $240/year ($20/month) |
| Delta SkyMiles Platinum | Up to $120/year ($10/month) |
| Delta SkyMiles Platinum Business | Up to $120/year ($10/month) |
Following the closing of the potential transaction, TheFork would continue to operate under its existing leadership with the backing of American Express. But it makes sense for American Express to integrate the platform into Resy.
The proposed transaction is expected to close before the end of 2026. Under the terms of the proposal, American Express will acquire TheFork from Tripadvisor for $700 million in cash, subject to customary adjustments.
You can read the full press release here.
