Europe’s tourism & leisure industry saw a rise of 60% in deal activity during June 2019, when compared with the last 12-month average, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
A total of 48 tourism & leisure industry deals worth $11.54bn were announced for the region in June 2019, against the 12-month average of 30 deals.
Of all the deal types, M&A saw most activity in June 2019 with 32 transactions, representing a 66.7% share for the region.
In second place was private equity with eight deals, followed by venture financing deals with eight transactions, respectively capturing a 16.7% and 16.7% share of the overall deal activity for the month.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of deals, private equity was the leading category in Europe’s tourism & leisure industry with $7.99bn, while M&A and venture financing deals totalled $3.51bn and $40.98m, respectively.
Europe tourism & leisure industry deals in June 2019: Top deals
The top five tourism & leisure deals accounted for 96.6% of the overall value during June 2019.
The combined value of the top five tourism & leisure deals stood at $11.14bn, against the overall value of $11.54bn recorded for the month. The top announced tourism & leisure deal tracked by GlobalData in June 2019 was Canada Pension Plan Investment Board, KIRKBI Invest and The Blackstone Group’s $7.56bn private equity deal with Merlin Entertainments.
In second place was the $2.83bn stake acquisition of Millennium & Copthorne Hotels by Agapier Investments and in third place was Melco Resorts & Entertainment’s $375m acquisition of ICR Cyprus.
The $205.77m private equity deal with Gecina by Angelo, Gordon & and LOV Hotel Collection’s asset transaction with for $174.32m held fourth and fifth positions, respectively.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.