The combined value of the top five tourism & leisure M&A deals stood at $380.55m, against the overall value of $387.67m recorded for the month.
Total tourism & leisure industry M&A deals in Q2 2020 worth $387.67m were announced in the US, according to GlobalData’s deals database.
The value marked a decrease of 94.4% over the previous quarter and a drop of 96.4% when compared with the last four-quarter average of $10.73bn.
The US held a 10.7% share of the global tourism & leisure industry M&A deal value that totalled $3.64bn in Q2 2020.
In terms of deal activity, the US recorded 35 deals during Q2 2020, marking a drop of 37.5% over the previous quarter and a drop of 50% over the last four-quarter average.
The US tourism & leisure industry M&A deals in Q2 2020: Top deals
The top five tourism & leisure industry M&A deals accounted for 98.2% of the overall value during Q2 2020.
The combined value of the top five tourism & leisure M&A deals stood at $380.55m, against the overall value of $387.67m recorded for the month.
The top five tourism & leisure industry deals of Q2 2020 tracked by GlobalData were:
- Twin River Worldwide Holdings’ $155m asset transaction with Eldorado Resorts
- The $110m asset transaction with by GFI Capital Resources Group
- TRT Gym Asset Holdings’ $80m acquisition of Gold’s Gym International
- The $25m asset transaction with Caesars Entertainment and VICI Properties by Twin River Worldwide Holdings
- Sarasa Hotels’ asset transaction with Rosemont Hotels for $10.55m.
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.
