Ten Lifestyle Group PLC, a London-based lifestyle and travel services company, has recently confirmed an exciting development. They have successfully acquired a majority stake in Biggin Hill Airport Limited (BHAL), a private jet airport located in London. This strategic move is expected to enhance Ten’s position within the luxury travel sector and open up new opportunities for growth.
With this acquisition, Ten Lifestyle Group aims to strengthen its offering to high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) who value the convenience and exclusivity of private jet travel. BHAL is renowned for its exceptional facilities and services, making it an ideal addition to Ten’s portfolio. The airport boasts a dedicated VIP terminal, aircraft hangars, and high-quality maintenance facilities.
Furthermore, Ten plans to leverage its existing relationships with luxury travel providers to deliver an enhanced experience for its clients at BHAL. By offering a seamless end-to-end travel service, Ten aims to cater to the unique demands and preferences of this discerning clientele. This acquisition aligns with Ten’s overall strategy of providing exceptional lifestyle services and experiences to its members.
Alex Cheatle, CEO of Ten Lifestyle Group, expressed his enthusiasm about the acquisition and the opportunities it presents. He stated that this move would allow the company to expand its reach and better serve its members’ needs, particularly in the luxury travel sector. Cheatle emphasized that Ten is committed to delivering exceptional service, and the addition of BHAL to their portfolio further solidifies their position in the market.
The acquisition of BHAL by Ten Lifestyle Group PLC represents a significant milestone for the company. It not only strengthens their presence in the luxury travel sector but also showcases their dedication to providing unmatched lifestyle services. With this strategic move, Ten is well-positioned to continue growing and delivering exceptional experiences to its discerning clientele.