Tourism & leisure industry M&A deals in July 2019 total $1.49bn in US

21st August 2019 (Last Updated August 21st, 2019 14:14)

Tourism & leisure industry M&A deals in July 2019 total $1.49bn in US

Total tourism & leisure industry M&A deals in July 2019 worth $1.49bn were announced in the US, according to GlobalData’s deals database.

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The value marked a decrease of 92% over the previous month and a drop of 50.1% when compared with the last 12-month average of $2.98bn.

The US held a 20.1% share of the global tourism & leisure industry M&A deal value that totalled $7.39bn in July 2019.

In terms of deal activity, the US recorded 30 deals during July 2019, marking an increase of 11.1% over the previous month and a rise of 25% over the 12-month average.

The US tourism & leisure industry M&A deals in July 2019: Top deals

The top five tourism & leisure industry M&A deals accounted for 75.5% of the overall value during July 2019.

The combined value of the top five tourism & leisure M&A deals stood at $1.12bn, against the overall value of $1.49bn recorded for the month.

The top five tourism & leisure industry deals of July 2019 tracked by GlobalData were:

1) Vail Resorts’ $463.6m acquisition of Peak Resorts

2) The $230m asset transaction with Eldorado Resorts by Twin River Worldwide Holdings

3) VCM’s $215.5m asset transaction with American Hotel Income Properties REIT

4) The $162m acquisition of Wyndham Vacation Rentals North America by Vacasa

5) Banyan Investment Group’s asset transaction with for $50m.

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.