Total tourism & leisure industry M&A deals worth $3.3bn were announced in Asia-Pacific in Q3 2022, led by Iris Capital (Australia)’s $42.4m acquisition of Casino Canberra, 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 705.7% over the previous quarter and a rise of 171.1% when compared with the last four-quarter average of $1.21bn.

Asia-Pacific held a 28.67% share of the global tourism & leisure industry M&A deal value that totalled $11.44bn in Q3 2022. With a 26.92% share and deals worth $3.08bn, Cambodia was the top country in Asia-Pacific’s M&A deal value across tourism & leisure industry.

In terms of deal activity, Asia-Pacific recorded 32 deals during Q3 2022, marking an increase of 14.29% over the previous quarter and a drop of 0.78% over the last four-quarter average. Australia recorded eight deals during the quarter.

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.

Asia-Pacific tourism & leisure industry M&A deals in Q3 2022: Top deals

The top five tourism & leisure industry M&A deals accounted for 3.3% of the overall value during Q3 2022.

The combined value of the top five M&A deals stood at $108.7m, against the overall value of $3.3bn recorded for the quarter.

The top five tourism & leisure industry deals of Q3 2022 tracked by GlobalData were:

1) Iris Capital (Australia)’s $42.4m acquisition deal with Casino Canberra

2) The $26m asset transaction of Peppers Kings Square by High Street Holdings

3) Kunming World Expo Park Property Service’s $14.75m acquisition deal with Yunnan World Expo Tourism Holdings Group

4) The $13.89m asset transaction of 80% stake in Yancheng Dayangwan Changle Health Development by Yancheng Dayangwan Group Development

5) MEGAZONE CLOUD’s $11.66m acquisition deal for 30% stake in Sejoong