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  1. Deals Analysis
February 17, 2021

North America’s tourism & leisure industry saw a drop of 16.67% in deal activity during January 2021

North America’s tourism & leisure industry saw a drop of 16.67% in deal activity during January 2021, when compared with the last 12-month average, led by Marriott Vacations Worldwide’s $430m acquisition of Welk Hospitality Group, according to GlobalData’s deals database.

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A total of 20 tourism & leisure industry deals worth $2.95bn were announced for the region in January 2021, against the 12-month average of 24 deals.

Of all the deal types, M&A saw most activity in January 2021 with 13 transactions, representing a 65% share for the region.

In second place was venture financing with five deals, followed by private equity deals with two transactions, respectively capturing a 25% and 10% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in North America’s tourism & leisure industry with $2.64bn, while venture financing and private equity deals totalled $230.87m and $78.25m, respectively.

North America tourism & leisure industry deals in January 2021: Top deals

The top three tourism & leisure deals accounted for 24.1% of the overall value during January 2021.

The combined value of the top five tourism & leisure deals stood at $712.41m, against the overall value of $2.95bn recorded for the month.

The top three  tourism & leisure industry deals of January 2021 tracked by GlobalData were:

1) Marriott Vacations Worldwide’s $430m acquisition of Welk Hospitality Group

2) The $204.16m asset transaction deal with ASV Group by Evergreen Hospitality

3) Element Partners’ $78.25m venture financing of Allied Esports Entertainment

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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