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  1. Deals Analysis
January 23, 2020

Tourism & leisure industry M&A deals in December 2019 total $5.38bn globally

Total tourism & leisure industry M&A deals in December 2019 worth $5.38bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 67.02% over the previous month and a drop of 13.5% when compared with the last 12-month average, which stood at $6.23bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.45bn. At the country level, Canada topped the list in terms of deal value at $2.13bn.

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

The top country in terms of M&A deals activity in December 2019 was the US with 19 deals, followed by the UK with seven and Canada with three.

In 2019, as of the end of December 2019, tourism & leisure M&A deals worth $78.94bn were announced globally, marking an increase of 24.5% year on year.

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

The top five tourism & leisure industry M&A deals accounted for 86.4% of the overall value during December 2019.

The combined value of the top five tourism & leisure M&A deals stood at $4.65bn, against the overall value of $5.38bn recorded for the month.

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

1) Cineworld Group’s $2.13bn acquisition of Cineplex

2) The $1.32bn acquisition of Orbis by AccorInvest

3) Bernard Arnault Group’s $874.58m acquisition of AC Milan

4) The $190m asset transaction with by Xenia Hotels & Resorts

5) Twenty14 Holdings’ asset transaction with Galliard Homes for $144.49m.

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.

 

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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