Tourism and leisure industry M&A deals in Q3 2019 total $5.61bn in US | TravelDailyNews International
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Tourism and leisure industry M&A deals in Q3 2019 total $5.61bn in US

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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.
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