The US held a 40.4% share of the global tourism & leisure industry M&A deal value that totaled $13.9bn in Q3 2019.
Total tourism & leisure industry M&A deals in Q3 2019 worth $5.61bn were announced in the US, according to GlobalData’s deals database.
The value marked a decrease of 74.8% over the previous quarter and a drop of 36.5% when compared with the last four-quarter average of $8.88bn.
The US held a 40.4% share of the global tourism & leisure industry M&A deal value that totaled $13.9bn in Q3 2019.
In terms of deal activity, the US recorded 90 deals during Q3 2019, marking a rise of 40.6% over the previous quarter and a rise of 20% over the last four-quarter average.
The US tourism & leisure industry M&A deals in Q3 2019: Top deals
The top five tourism & leisure industry M&A deals accounted for 67.3% of the overall value during Q3 2019.
The combined value of the top five tourism & leisure M&A deals stood at $3.78bn, against the overall value of $5.61bn recorded for the month.
The top five tourism & leisure industry deals of Q3 2019 tracked by GlobalData were:
- Joseph Tsai’s $2.35bn acquisition of NBA Media Ventures
- The $516.3m asset transaction with Caesars Entertainment by Imperial Companies
- Vail Resorts’ $463.6m acquisition of Peak Resorts
- The $230m asset transaction with Eldorado Resorts by Twin River Worldwide Holdings
- VCM’s asset transaction with American Hotel Income Properties REIT for $215.5m.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
