Ten Lifestyle Group (TENG)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

66.25p
   
  • Change Today:
      2.25p
  • 52 Week High: 103.50
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 86.57m
  • Volume: 25,000
  • Market Cap: £57.35m

Ten Lifestyle inks partnership with Global Travel Collection

By Josh White

Date: Thursday 08 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Ten Lifestyle Group announced a new partnership with Global Travel Collection (GTC), the world's largest collection of international luxury travel agencies, on Thursday.
The AIM-traded firm said under the multi-year contract, it would provide its expertise in luxury lifestyle services to GTC's 1,300 travel advisors.

It said the collaboration was intended to enhance the offerings of GTC's advisors, who cater to leisure travellers, corporate executives, and the entertainment industry.

As part of the partnership, Ten said it would offer advice and organisation services in areas such as restaurants, entertainment and shopping, leveraging its knowledge in the luxury lifestyle sector.

The partnership was expected to be launched in the coming months, following a period of implementation.

In its first full year, it was expected to be a 'medium' contract, which Ten defines as being worth between £0.25m and £2m.

"I am delighted to be partnering with GTC, the world's largest collection of international luxury travel agencies," said chief executive officer Alex Cheatle.

"This collaboration represents a significant milestone for Ten, lending our expertise in luxury dining, shopping and entertainment directly to the best in the luxury travel industry, reaffirming our position as a leader across multiple luxury consumer channels and geographies."

At 1120 GMT, shares in Ten Lifestyle Group were up 0.63% at 80p.

Reporting by Josh White for Sharecast.com.

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TENG Market Data

Currency UK Pounds
Share Price 66.25p
Change Today 2.25p
% Change 3.52 %
52 Week High 103.50
52 Week Low 61.50
Volume 25,000
Shares Issued 86.57m
Market Cap £57.35m

TENG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.53% below the market average59.53% below the market average59.53% below the market average59.53% below the market average59.53% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
37.91% below the market average37.91% below the market average37.91% below the market average37.91% below the market average37.91% below the market average
41.82% below the sector average41.82% below the sector average41.82% below the sector average41.82% below the sector average41.82% below the sector average
Income Not Available
Growth
34.03% above the market average34.03% above the market average34.03% above the market average34.03% above the market average34.03% above the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TENG Dividends

No dividends found

Trades for 24-Jun-2024

Time Volume / Share Price
16:18 10,000 @ 65.00p
15:57 2,266 @ 64.00p
15:57 2,734 @ 64.00p
15:57 10,000 @ 65.00p

TENG Key Personnel

CEO Alex Cheatle
COO Andrew Long
CFO Alan Donald

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