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Deal activity in the travel & tourism sector down by 2% in February 2022, finds GlobalData

The number of M&A deals decreased by 15.9% while the number of venture financing and private equity deals increased by 47.1% and 8.3%, respectively, in February.

A total 96 deals – comprising mergers & acquisitions (M&A), private equity, and venture financing deals-  were announced in the global travel and tourism sector in February 2022, according to GlobalData. The data and analytics company notes that this represents a decline of 2% compared to the previous month.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “While there is still prevailing uncertainty among deal makers in the sector, deal activity remains a mixed bag across different market and deal types.”

The number of M&A deals decreased by 15.9% while the number of venture financing and private equity deals increased by 47.1% and 8.3%, respectively, in February.

Deal activities across the key markets were also a mixed bag. While markets such as the US, China, India and South Korea witnessed a decline in deal activity, other markets such as the UK, Japan and Australia registered growth in February, compared to the previous month.

News Editor - TravelDailyNews Media Network | + Posts

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.

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