In the Asia-Pacific tourism & leisure industry, there were 21 M&A deals announced in Q2 2023, worth a total value of $418.7m, according to GlobalData’s Deals Database. The $225m minority acquisition of Plaza Athenee Hotel (Thailand) by Asset World Corp Public was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in Asia-Pacific decreased by 47% in Q2 2023 compared with the previous quarter’s total of $787.1m and rose by 3% as compared to Q2 2022. Related deal volume decreased by 19% in Q2 2023 versus the previous quarter and was 25% lower than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in Asia-Pacific in Q2 2023 were Forsyth Barr; Cameron Partners; Pacific Trustees with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Asia-Pacific Q2 2023 were Simpson Grierson; WongPartnership with 2, 1 deals respectively.

For further understanding of GlobalData's Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

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