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.
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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
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.