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.
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