Tourism & leisure industry M&A deals in November 2020 total $1.32bn globally

16th December 2020 (Last Updated December 16th, 2020 10:28)

Tourism & leisure industry M&A deals in November 2020 total $1.32bn globally

Total tourism & leisure industry M&A deals in November 2020 worth $1.32bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 236.9% over the previous month and a drop of 48.8% when compared with the last 12-month average, which stood at $2.58bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $655.24m. At the country level, the US topped the list in terms of deal value at $515m.

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

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

In 2020, as of the end of November 2020, tourism & leisure M&A deals worth $25.09bn were announced globally, marking a decrease of 62.4% year on year.

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

The top five tourism & leisure industry M&A deals accounted for 80.7% of the overall value during November 2020.

The combined value of the top five tourism & leisure M&A deals stood at $1.06bn, against the overall value of $1.32bn recorded for the month.

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

1) The Yomiuri Shimbun’s $368.75m acquisition of YOMIURI LAND.

2) The $300m acquisition of SBE Entertainment Group by AccorHotels

3) Xenia Hotels & Resorts’ $183m acquisition of Hotel Commonwealth and Renaissance Austin Hotel

4) The $115.36m acquisition of BetKing by MultiChoice Group

5) Jcontentree’s acquisition of MEGABOX for $97.87m.

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.