Tourism & Leisure industry M&A deals total $3.01bn globally in January 2021

22nd February 2021 (Last Updated February 22nd, 2021 18:39)

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.