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  1. Deals Analysis
March 27, 2020

Tourism & leisure industry deals in February 2020 total $10.41bn globally

Total tourism & leisure industry deals for February 2020 worth $10.41bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 166.4% over the previous month and a rise of 8.6% when compared with the last 12-month average of $9.59bn.

In terms of number of deals, the sector saw a drop of 18.8% over the last 12-month average with 95 deals against the average of 117 deals.

In value terms, Europe led the activity with deals worth $8.97bn.

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Tourism & leisure industry deals in February 2020: Top deals

The top five tourism & leisure deals accounted for 89.6% of the overall value during February 2020.

The combined value of the top five tourism & leisure deals stood at $9.33bn, against the overall value of $10.41bn recorded for the month.

The top five tourism & leisure industry deals of February 2020 tracked by GlobalData were:

1) The Blackstone Group’s $6.03bn private equity deal with IQSA Services

2) The $1.32bn acquisition of Hapag-Lloyd Kreuzfahrten by TUI Cruises

3) Cola Holdings’ asset transaction for $1.31bn

4) The $445.41m asset transaction with Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha by Godo Kaisha Tigre

5) Commerz Real’s asset transaction for $217.54m.

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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