In terms of number of deals, the sector saw a drop of 18.8% over the last 12-month average with 95 deals against the average of 117 deals. In value terms, Europe led the activity with deals worth $8.97bn.
Total tourism & leisure industry deals for February 2020 worth $10.41bn were announced globally, according to GlobalData’s deals database.
The value marked an increase of 166.4% over the previous month and a rise of 8.6% when compared with the last 12-month average of $9.59bn.
In terms of number of deals, the sector saw a drop of 18.8% over the last 12-month average with 95 deals against the average of 117 deals. In value terms, Europe led the activity with deals worth $8.97bn.
Tourism & leisure industry deals in February 2020: Top deals
The top five tourism & leisure deals accounted for 89.6% of the overall value during February 2020.
The combined value of the top five tourism & leisure deals stood at $9.33bn, against the overall value of $10.41bn recorded for the month.
The top five tourism & leisure industry deals of February 2020 tracked by GlobalData were:
- The Blackstone Group’s $6.03bn private equity deal with IQSA Services
- The $1.32bn acquisition of Hapag-Lloyd Kreuzfahrten by TUI Cruises
- Cola Holdings’ asset transaction for $1.31bn
- The $445.41m asset transaction with Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha by Godo Kaisha Tigre
- Commerz Real’s asset transaction for $217.54m.
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.
