Tourism & leisure industry M&A deals in September 2020 total $3.06bn globally

20th October 2020 (Last Updated October 20th, 2020 14:43)

Tourism & leisure industry M&A deals in September 2020 total $3.06bn globally

Total tourism & leisure industry M&A deals in September 2020 worth $3.06bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 193.05% over the previous month and a drop of 2% when compared with the last 12-month average, which stood at $3.12bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $3.02bn. At the country level, the US topped the list in terms of deal value at $3.02bn.

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 September 2020 was the US with ten deals, followed by the UK with five and The Netherlands with three.

In 2020, as of the end of September 2020, tourism & leisure M&A deals worth $23.31bn were announced globally, marking a decrease of 57.6% year on year.

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

The top five tourism & leisure industry M&A deals accounted for 99.7% of the overall value during September 2020.

The combined value of the top five tourism & leisure M&A deals stood at $3.05bn, against the overall value of $3.06bn recorded for the month.

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

1) Highgate Hotels’ $2.8bn asset transaction with Colony Capital

2) The $193.78m acquisition of Travel & Transport by Corporate Travel Management

3) Aspire Global’s $23.68m acquisition of BtoBet

4) The $22m asset transaction with Rubico Acquisition by Caesars Entertainment and VICI Properties

5) Mario Ferreira’s acquisition of Saga for $13.06m.

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.