Total tourism & leisure industry M&A deals in Q4 2019 worth $24.32bn were announced globally, according to GlobalData’s deals database.
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The value marked an increase of 75.7% over the previous quarter and a rise of 55.7% when compared with the last four-quarter average, which stood at $15.62bn.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $17.91bn. At the country level, the US topped the list in terms of deal value at $9.52bn.
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 Q4 2019 was the US with 63 deals, followed by the UK with 29 and Germany with 17.
In 2019, as of the end of Q4 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 Q4 2019: Top deals
The top five tourism & leisure industry M&A deals accounted for 59.9% of the overall value during Q4 2019.
The combined value of the top five tourism & leisure M&A deals stood at $14.57bn, against the overall value of $24.32bn recorded for the month.
The top five tourism & leisure industry deals of Q4 2019 tracked by GlobalData were:
1) 's $6bn merger of The Stars Group and Flutter Entertainment
2) The $4.25bn asset transaction with MGM Resorts International by Blackstone Real Estate Income Trust
3) Cineworld Group's $2.13bn acquisition of Cineplex
4) The $1.32bn acquisition of Orbis by AccorInvest
5) Bernard Arnault Group's acquisition of AC Milan for $874.58m.
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.