Total tourism & leisure industry M&A deals in September 2019 worth $2.18bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 47.8% over the previous month and a drop of 62.4% when compared with the last 12-month average, which stood at $5.8bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.25bn. At the country level, the US topped the list in terms of deal value at $1.23bn.

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 September 2019 was the US with 26 deals, followed by the UK with 11 and Australia with seven.

In 2019, as of the end of September 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 September 2019: Top deals

The top five tourism & leisure industry M&A deals accounted for 68.5% of the overall value during September 2019.

The combined value of the top five tourism & leisure M&A deals stood at $1.5bn, against the overall value of $2.18bn recorded for the month.

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

1) AXA Investment Managers – Real Assets’ $596.06m asset transaction with Principal Real Estate

2) The $516.3m asset transaction with Caesars Entertainment by Imperial Companies

3) Kinepolis Group’s $152.25m acquisition of MJR Theatres

4) The $143.7m asset transaction with AccorInvest Group by iprosperity Group and Zacd Capital

5) Michael Fetherston’s asset transaction with Michael Smurfit for $87.98m.

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.