Total tourism & leisure industry M&A deals worth $3.01bn were announced globally in January 2021, led by Marriott Vacations Worldwide’s $430m acquisition of Welk Hospitality Group, according to GlobalData’s deals database.
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The value marked an increase of 24.9% over the previous month of $2.41bn and a drop of 1% when compared with the last 12-month average, which stood at $3.04bn.
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 $2.64bn. At the country level, the US topped the list in terms of deal value at $2.64bn.
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 January 2021 was the US with 12 deals, followed by the UK with six and France with two.
In 2021, as of January, tourism & leisure M&A deals worth $3.01bn were announced globally, marking an increase of 64.4% year on year.
tourism & leisure industry M&A deals in January 2021: Top deals
The top five M&A deals accounted for 33.2% of the overall value during January 2021.
The combined value of the top five tourism & leisure M&A deals stood at $1bn, against the overall value of $3.01bn recorded for the month.
The top five tourism & leisure industry M&A deals of January 2021 tracked by GlobalData were:
1) Marriott Vacations Worldwide’s $430m acquisition of Welk Hospitality Group
2) The $340.38m asset transaction with Nordic Leisure by GVC Holdings
3) Evergreen Hospitality’s $204.16m acquisition of ASV Group
4) The $13.68m asset transaction with Jogo Technologies by Zomato Media
5) 500.com’s acquisition of Loto Interactive for $13.55m.
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.