Chase Beats Out Capital One For Miami Airport Lounge Space In $94 Million Deal (opens in new tab)

Chase is set to win a 13,793-square-foot Sapphire Lounge in Miami’s E Concourse after a bid projected to generate nearly $94 million for the airport over 15 years. The deal appears to beat a likely Capital One partner and shows how premium card lounge awards are increasingly won: design matters, but money to the airport matters most.