Total tourism & leisure industry M&A deals worth $1.4bn were announced globally in November 2022, led by GBO’s $321.19m acquisition of BetFlag, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 319.1% over the previous month of $331.68m and a drop of 64.9% when compared with the last 12-month average, which stood at $3.96bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $568.55m. At the country level, the US topped the list in terms of deal value at $568.55m.

In terms of volumes, Europe emerged as the top region for tourism & leisure industry M&A deals globally, followed by North America and then Asia-Pacific.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The top country in terms of M&A deals activity in November 2022 was the US with 12 deals, followed by the UK with three and India with three.

In 2022, as of November, tourism & leisure M&A deals worth $34.66bn were announced globally, marking an increase of 45.3% year on year.

tourism & leisure industry M&A deals in November 2022: Top deals

The top five M&A deals accounted for 92% of the overall value during November 2022.

The combined value of the top five tourism & leisure M&A deals stood at $1.28bn, against the overall value of $1.4bn recorded for the month.

The top five tourism & leisure industry M&A deals of November 2022 tracked by GlobalData were:

1) GBO’s $321.19m acquisition deal with BetFlag

2) The $300m asset transaction of Dream Hotel Group by Hyatt Hotels

3) Braemar Hotels & Resorts’s $267.8m asset transaction deal for 210-Room Four Seasons Resort Scottsdale at Troon North

4) The $222.97m acquisition of 10.2% stake in Songcheng Performing Arts Development by Huaneng Guicheng Trust and Jinyan Songyun Enterprise Management (Hangzhou) Partnership (Limited Partnership)

5) Banryu Golf’s $167.3m acquisition deal with Mermaid Sports