Global travel and tourism sector saw 1,080 deals in 2021

This is an improvement of 1.3 per cent over the 1,066 deals announced during 2020, finds GlobalData.

Photo: Unsplash/Charles Forerunner

GlobalData finds that deal activity improved in key markets such as the US, Australia, France, Spain, Canada and the Netherlands during 2021, while markets such as the UK, China, India, Japan, South Korea, Germany and Italy saw a decline in deal activity. Deal activity in the travel and tourism sector consistently improved month-on-month during the latter half of 2021, while December suffered a setback that - according to Aurojyoti Bose, Lead Analyst at GlobalData, - could be attributed to the rising number of Omicron cases.

The number of announced private equity deals increased by 22 per cent during 2021, while the number of venture financing and mergers & acquisitions (M&A) deals decreased by 3.3% and 0.5%, respectively.



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