Global tourism & leisure industry deals total $5.68bn in December 2019

Total tourism & leisure industry deals for December 2019 worth $5.68bn were announced globally, according to GlobalData’s deals database.

The value marked an increase of 15.4% over the previous month and a drop of 36.7% when compared with the last 12-month average of $8.98bn.

In terms of number of deals, the sector saw a drop of 6.8% over the last 12-month average with 109 deals against the average of 117 deals.

In value terms, North America led the activity with deals worth $2.55bn.

Tourism & leisure industry deals in December 2019: Top deals

The top five tourism & leisure deals accounted for 81.8% of the overall value during December 2019.

The combined value of the top five tourism & leisure deals stood at $4.65bn, against the overall value of $5.68bn recorded for the month.

The top five tourism & leisure industry deals of December 2019 tracked by GlobalData were:

  1. Cineworld Group’s $2.13bn acquisition of Cineplex
  2. The $1.32bn acquisition of Orbis by AccorInvest
  3. Bernard Arnault Group’s $874.58m acquisition of AC Milan
  4. The $190m asset transaction with by Xenia Hotels & Resorts
  5. Twenty14 Holdings’ asset transaction with Galliard Homes for $144.49m.

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