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  1. Deals Analysis
October 29, 2019

Tourism & leisure industry M&A deals in Q3 2019 total $13.9bn globally

Total tourism & leisure industry M&A deals in Q3 2019 worth $13.9bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 48.1% over the previous quarter and a drop of 12.5% when compared with the last four-quarter average, which stood at $15.97bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $5.84bn. At the country level, the US topped the list in terms of deal value at $5.61bn.

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.

The top country in terms of M&A deals activity in Q3 2019 was the US with 90 deals, followed by the UK with 26 and Australia with 15.

In 2019, as of the end of Q3 2019, tourism & leisure M&A deals worth $53.16bn were announced globally, marking a decrease of 4.3% year on year.

Tourism & leisure industry M&A deals in Q3 2019: Top deals

The top five tourism & leisure industry M&A deals accounted for 60% of the overall value during Q3 2019.

The combined value of the top five tourism & leisure M&A deals stood at $8.34bn, against the overall value of $13.9bn recorded for the month.

The top five tourism & leisure industry deals of Q3 2019 tracked by GlobalData were:

1) SAZKA Group’s $2.83bn acquisition of Greek Organization of Football Prognostics

2) The $2.35bn acquisition of NBA Media Ventures by Joseph Tsai

3) RA Hospitality Holdings’ $2bn acquisition of Oravel Stays

4) The $596.06m asset transaction with Principal Real Estate by AXA Investment Managers – Real Assets

5) Darting Investment Holdings’ acquisition of Dream Cruises Holding for $562.6m.

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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