Tourism & leisure industry M&A deals in November 2019 total $2.69bn globally

19th December 2019 (Last Updated December 19th, 2019 06:06)

Tourism & leisure industry M&A deals in November 2019 total $2.69bn globally

Total tourism & leisure industry M&A deals in November 2019 worth $2.69bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 79.6% over the previous month and a drop of 55.9% when compared with the last 12-month average, which stood at $6.1bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $1.69bn. At the country level, Germany topped the list in terms of deal value at $1.39bn.

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 November 2019 was the US with 19 deals, followed by Germany with ten and the UK with nine.

In 2019, as of the end of November 2019, tourism & leisure M&A deals worth $69.79bn were announced globally, marking an increase of 12.05% year on year.

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

The top five tourism & leisure industry M&A deals accounted for 66.8% of the overall value during November 2019.

The combined value of the top five tourism & leisure M&A deals stood at $1.8bn, against the overall value of $2.69bn recorded for the month.

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

1) China Lodging Holdings Singapore’s $781.47m acquisition of Deutsche Hospitality

2) The $321.1m asset transaction with HR Group by Pandox (publ)

3) Ascott Residence Trust, CapitaLand and City Developments’ $276.05m asset transaction with CDL Hospitality Trusts

4) The $237.93m asset transaction with by CDL Hospitality Trusts

5) Commerz Real’s asset transaction with for $180.68m.

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.