In the Middle East and Africa tourism & leisure industry, there were 3 M&A deals announced in Q4 2023, worth a total value of $1.5m, according to GlobalData’s Deals Database. The $1.5m acquisition of Local Knowledge by Neighbourgood Property Services was the industry’s largest disclosed deal. GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes in 2023 report provides crucial insights into the M&A activity including the themes driving the top deals within the travel & tourism industry. Buy the report here.
In value terms, M&A activity in Middle East and Africa decreased by 90% in Q4 2023 compared with the previous quarter’s total of $15m and fell by 80% as compared to Q4 2022. Related deal volume decreased by 25% in Q4 2023 versus the previous quarter and was 40% lower than in Q4 2022.
For further understanding of GlobalData's Travel And Tourism Industry Mergers And Acquisitions Deals By Top Themes In 2023 – Thematic Intelligence, buy the report here.
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