Tourism & Leisure industry M&A deals total $2.9bn globally in August 2021

Total tourism & leisure industry M&A deals worth $2.9bn were announced globally in August 2021, led by Hyatt Hotels‘ $2.7bn acquisition of Apple Leisure Group, according to GlobalData’s deals database.

The value marked an increase of 7.01% over the previous month of $2.71bn and a rise of 21.9% when compared with the last 12-month average, which stood at $2.38bn.

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 $2.71bn. At the country level, the US topped the list in terms of deal value at $2.7bn.

In terms of volumes, Asia-Pacific emerged as the top region for tourism & leisure industry M&A deals globally, followed by Europe and then North America.

The top country in terms of M&A deals activity in August 2021 was India with four deals, followed by the UK with four and the US with four.

In 2021, as of August, tourism & leisure M&A deals worth $18.84bn were announced globally, marking an increase of 204.3% year on year.

tourism & leisure industry M&A deals in August 2021: Top deals

The top five M&A deals accounted for 99.1% of the overall value during August 2021.

The combined value of the top five tourism & leisure M&A deals stood at $2.88bn, against the overall value of $2.9bn recorded for the month.

The top five tourism & leisure industry M&A deals of August 2021 tracked by GlobalData were:

1) Hyatt Hotels $2.7bn acquisition deal with Apple Leisure Group

2) The $121.14m acquisition of Crystal Palace Football Club by John Textor

3) Tibet Jingyuan Enterprise Management $34.73m acquisition deal for 15% stake in Huayi Brothers (Tianjin) Real View Entertainment

4) The $13.42m acquisition of 30% stake in Suzhou Medis Medical Sporting Goods by Xu Tianji and Zhende Medical

5) Jumbo Interactive $8.49m acquisition deal with Stride Management