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Ten Lifestyle Group PLC - London-based lifestyle and travel services company - Announces a new multi-year partnership with luxury travel agent Global Travel Collection, a division of Internova Travel Group. Ten will offer its "unmatched luxury lifestyle know-how including advice and organisation of restaurants, entertainment and shopping" to GTC's 1,300 travel advisiors. Says this will "further enhance the global reach of GTC's advisors providing premium travel services to leisure travelers, corporate executives and the entertainment industry". Expects the partnership to be launched in the "coming months".
Chief Executive Officer Alex Cheatle says: "I am delighted to be partnering with GTC, the world's largest collection of international luxury travel agencies. This collaboration represents a significant milestone for Ten, lending our expertise in luxury dining, shopping and entertainment direct to the best in the luxury travel industry, reaffirming our position as a leader across multiple luxury consumer channels and geographies."
Current stock price: 80.00 pence, up 0.6%
12-month change: down 12%
By Greg Rosenvinge, Alliance News senior reporter
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