Total tourism & leisure industry M&A deals worth $1.4bn were announced globally in November 2022, led by GBO’s $321.19m acquisition of BetFlag, according to GlobalData’s deals database.

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The value marked an increase of 319.1% over the previous month of $331.68m and a drop of 64.9% when compared with the last 12-month average, which stood at $3.96bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $568.55m. At the country level, the US topped the list in terms of deal value at $568.55m.

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.

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The top country in terms of M&A deals activity in November 2022 was the US with 12 deals, followed by the UK with three and India with three.

In 2022, as of November, tourism & leisure M&A deals worth $34.66bn were announced globally, marking an increase of 45.3% year on year.

tourism & leisure industry M&A deals in November 2022: Top deals

The top five M&A deals accounted for 92% of the overall value during November 2022.

The combined value of the top five tourism & leisure M&A deals stood at $1.28bn, against the overall value of $1.4bn recorded for the month.

The top five tourism & leisure industry M&A deals of November 2022 tracked by GlobalData were:

1) GBO’s $321.19m acquisition deal with BetFlag

2) The $300m asset transaction of Dream Hotel Group by Hyatt Hotels

3) Braemar Hotels & Resorts’s $267.8m asset transaction deal for 210-Room Four Seasons Resort Scottsdale at Troon North

4) The $222.97m acquisition of 10.2% stake in Songcheng Performing Arts Development by Huaneng Guicheng Trust and Jinyan Songyun Enterprise Management (Hangzhou) Partnership (Limited Partnership)

5) Banryu Golf’s $167.3m acquisition deal with Mermaid Sports