Churchill Downs’ $3bn acquisition deal with Sioux City Entertainment was the tourism & leisure industry’s biggest deal of Q3 2022 as deals worth $13.3bn were announced globally in the quarter, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 9.2% over the previous quarter and a drop of 53.5% when compared with the last four-quarter average of $28.67bn.
In terms of number of deals, the sector saw a drop of 16.41% with 200 deals in Q3 2022 against the average of 239.25 deals in the last four-quarters.
In value terms, North America led the activity with deals worth $5.47bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDatatourism & leisure industry deals in Q3 2022: Top deals
The top five tourism & leisure industry deals accounted for 39.9% of the overall value during Q3 2022.
The combined value of the top five deals stood at $5.31bn, against the overall value of $13.3bn recorded for the quarter.
The top five tourism & leisure industry deals of Q3 2022 tracked by GlobalData were:
1) Churchill Downs’s $3bn acquisition deal with Sioux City Entertainment
2) The $944.32m acquisition of 75% stake in SuperSport by Entain
3) Cain International and The Saudi Public Investment Fund’s $900m private equity deal with Aman Group
4) The $300m venture financing deal with PT Traveloka Indonesia by Allianz Global Investors, BlackRock Capital Investment, Indonesia Investment Authority and Orion Capital Asia
5) Fattal Group’s $168.01m acquisition deal with Dunas Capital and KKR
