In the global tourism & leisure industry, there were 110 M&A deals announced in Q2 2024, worth a total value of $8bn, according to GlobalData’s Deals Database. The $5.3bn majority acquisition of Dorna Sports by Liberty Media was the industry’s largest disclosed deal. GlobalData’s Travel and Tourism Industry Mergers and Acquisitions Deals by Top Themes in Q2 2024 report provides crucial insights into the M&A activity including the themes driving the top deals within the travel & tourism industry. Buy the report here.
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In value terms, M&A activity decreased by 9% in Q2 2024 compared with the previous quarter’s total of $8.8bn and rose by 122% as compared to Q2 2023. Related deal volume increased by 21% in Q2 2024 versus the previous quarter and was 0.9% lower than in Q2 2023.
Notably, foreign direct investments (fdi)-related deals accounted for a 34% share of the global tourism & leisure industry’s M&A activity in Q2 2024, up 48% over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in H1 2024 were Goldman Sachs Group; Moelis & Co; Clairfield International with 4, 3, 2 deals respectively.
The top-ranked legal advisors supporting these M&A deals in H1 2024 were CMS Legal Services EEIG; Clifford Chance; Freshfields Bruckhaus Deringer with 3, 2, 2 deals respectively.
For further understanding of GlobalData's Travel And Tourism Industry Mergers And Acquisitions Deals By Top Themes In Q2 2024 – Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
