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  1. Deals Analysis
October 31, 2022

Tourism & Leisure industry M&A deals total $3.4bn globally in September 2022

By Carmen

Total tourism & leisure industry M&A deals worth $3.4bn were announced globally in September 2022, led by Churchill Downs’ $79m acquisition of Ellis Park Race Course, according to GlobalData’s deals database.

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The value marked a decrease of 22.2% over the previous month of $4.41bn and a drop of 42.3% when compared with the last 12-month average, which stood at $5.94bn.

Comparing M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $3.21bn. At the country level, the UK topped the list in terms of deal value at $3.16bn.

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 September 2022 was the US with 13 deals, followed by the UK with six and Australia with three.

In 2022, as of September, tourism & leisure M&A deals worth $32.63bn were announced globally, marking an increase of 42.9% year on year.

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

The top five M&A deals accounted for 7.2% of the overall value during September 2022.

The combined value of the top five tourism & leisure M&A deals stood at $245.06m, against the overall value of $3.4bn recorded for the month.

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

1) Churchill Downs’s $79m acquisition deal with Ellis Park Race Course

2) The $68m acquisition of Evergreen Gaming by Maverick Gaming

3) Pandox’s $45.06m asset transaction deal with Starwood Capital Group Management

4) The $44m asset transaction deal with HR Group by Wyndham Hotels & Resorts

5) Peachtree Hotel Group’s $9m asset transaction deal with Fairfield Inn & Suites Hotel

Related Companies

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.

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