Tourism & leisure industry private equity deals in Q1 2020 total $6.96bn globally

21st April 2020 (Last Updated April 21st, 2020 15:11)

Tourism & leisure industry private equity deals in Q1 2020 total $6.96bn globally

Total tourism & leisure industry private equity deals in Q1 2020 worth $6.96bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 65.4% over the previous quarter and a rise of 18.1% when compared with the last four-quarter average, which stood at $5.9bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $6.11bn. At the country level, the UK topped the list in terms of deal value at $6.03bn.

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

The top country in terms of private equity deals activity in Q1 2020 was the US with 13 deals, followed by Canada with three and Spain with two.

In 2020, as of the end of Q1 2020, tourism & leisure private equity deals worth $6.96bn were announced globally, marking an increase of 162.2% year on year.

Tourism & leisure industry private equity deals in Q1 2020: Top deals

The top five tourism & leisure industry private equity deals accounted for 96.2% of the overall value during Q1 2020.

The combined value of the top five tourism & leisure private equity deals stood at $6.7bn, against the overall value of $6.96bn recorded for the month.

The top five tourism & leisure industry deals of Q1 2020 tracked by GlobalData were:

1) The Blackstone Group’s $6.03bn private equity deal with IQSA Services

2) The $325m private equity deal with Liberty Tripadvisor Holdings by Certares Management

3) Cedar Capital Partners, King Street Real Estate GP and Westdale Properties’ $120m private equity deal with

4) The $118m private equity deal with Marriott International by Dimah Capital Investment and Stonebridge Companies

5) Blue Horizon Group’s private equity deal with for $100m.

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.