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  1. Deals Analysis
September 20, 2019

Tourism & leisure industry M&A deals in August 2019 total $4bn globally

Total tourism & leisure industry M&A deals in August 2019 worth $4bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 46.9% over the previous month and a drop of 31.2% when compared with the last 12-month average, which stood at $5.81bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.97bn. At the country level, the US topped the list in terms of deal value at $2.76bn.

In terms of volumes, North America emerged as the top region for tourism & leisure industry M&A deals globally, followed by Europe and then Asia-Pacific.

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The top country in terms of M&A deals activity in August 2019 was the US with 29 deals, followed by Canada with seven and Australia with five.

In 2019, as of the end of August 2019, tourism & leisure M&A deals worth $50.99bn were announced globally, marking an increase of 14.03% year on year.

Tourism & leisure industry M&A deals in August 2019: Top deals

The top five tourism & leisure industry M&A deals accounted for 82.6% of the overall value during August 2019.

The combined value of the top five tourism & leisure M&A deals stood at $3.3bn, against the overall value of $4bn recorded for the month.

The top five tourism & leisure industry deals of August 2019 tracked by GlobalData were:

1) Joseph Tsai’s $2.35bn acquisition of NBA Media Ventures

2) The $562.6m acquisition of Dream Cruises Holding by Darting Investment Holdings

3) Clarke’s $199.7m acquisition of Holloway Lodging

4) The $100m acquisition of Grand River Jackpot by Accel Entertainment Gaming

5) Bilgili Holding, Deutsche Finance America and SHVO’s asset transaction with Allan Herbert and Patti Herbert for $87.85m.

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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