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  1. Deals Analysis
March 30, 2020

Tourism & leisure industry M&A deals in February 2020 total $3.8bn globally

Total tourism & leisure industry M&A deals in February 2020 worth $3.8bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 12.4% over the previous month and a drop of 44.4% when compared with the last 12-month average, which stood at $6.83bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $2.87bn. At the country level, the UK topped the list in terms of deal value at $1.38bn.

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.

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The top country in terms of M&A deals activity in February 2020 was the US with 19 deals, followed by the UK with 12 and Japan with five.

In 2020, as of the end of February 2020, tourism & leisure M&A deals worth $7.18bn were announced globally, marking an increase of 33.8% year on year.

Tourism & leisure industry M&A deals in February 2020: Top deals

The top five tourism & leisure industry M&A deals accounted for 88.7% of the overall value during February 2020.

The combined value of the top five tourism & leisure M&A deals stood at $3.37bn, against the overall value of $3.8bn recorded for the month.

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

1) TUI Cruises’ $1.32bn acquisition of Hapag-Lloyd Kreuzfahrten

2) The $1.31bn asset transaction by Cola Holdings

3) Godo Kaisha Tigre’s $445.41m asset transaction with Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha

4) The $217.54m asset transaction by Commerz Real

5) Avignon Capital’s asset transaction with BON GROEP and Hillgate Properties for $78.63m.

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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