globaldata
Global Travel and Tourism Deal Activity Down by 11% YoY During Q1-Q3 2024, Finds GlobalData
GlobalData | October 21, 2024
A total of 519 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the travel and tourism sector globally during January to September (Q1-Q3) 2024, which was a year-on-year (YoY) decline of 11% over 583 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database also revealed that the volume of M&A deals decreased by 6.8% during Q1-Q3 2024 compared to the same period in 2023, while the number of venture financing deals was down by 25.2% YoY. Meanwhile, private...
Global Travel and Tourism Sector Deal Activity Fell by 12.6% YoY During January-August 2024
GlobalData | September 19, 2024
A total of 456 deals (mergers and acquisitions (M&A), private equity and venture financing) were announced in travel and tourism sector for the period of January to August 2024, which was a year-on-year (YoY) decline of 12.6% in deal volume, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed that the travel and tourism sector saw the announcement of a total of 522 deals during January-August 2023. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector’s deal activity reflects a cautious approach by deal-makers even though the reg...
Cloud, AI and Big Data Trending Themes in Hiring in Q2 2024, Reveals GlobalData
GlobalData | August 20, 2024
Job postings increased by 7.3% YoY Cybersecurity and big data were the other noteworthy themes RTX, Cargill, LVMH, and JPMorgan Chase & Co top recruiters The global job market dynamics in the second quarter (Q2) of 2024 revealed a positive year-on-year (YoY) trend, despite layoffs by major companies like Google LLC, Nestle SA, Ford Motor Co, NIKE Inc, Amazon.com Inc, and Walmart Inc. Meanwhile, travel and tourism, foodservice, and retailing saw significant YoY growth in job postings during the quarter. Key technology themes driving hiring trends included cloud, artificial intelligence (AI), big data, cybersecurity, and eco...
Travel and Tourism Sector Deal Activity Down by 12.6% YoY in H1 2024, Finds GlobalData
GlobalData | July 19, 2024
A total of 347 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the global travel and tourism sector during the first half (H1) of 2024, which was a year-on-year (YoY) decline of 12.6% compared to the 397 deals announced during the same period in the previous year, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Even though there was a decline globally due to a dent in deal-making sentiments, the trend was a mixed bag across different markets and regions, with some countries contributing to the decl...
Global Travel and Tourism Deals Drop 10.9%; PE Deals and European Markets Shine During January-May 2024, Reveals GlobalData
GlobalData | June 17, 2024
Travel and tourism sector witnessed 10.9% year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May 2024. Despite this downturn, PE deals showed improvement, and European markets showed growth, highlighting new opportunities for strategic investments, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed that the total number of deals announced in the travel and tourism sector globally fell from 321 during January-May 2023 to 286 during January-May 2024. Meanwhil...
Travel and Tourism Sector Deal Activity Down by 13.5% YoY in January-April 2024, Finds GlobalData
GlobalData | May 15, 2024
Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year. This represents a year-on-year (YoY) decline of 13.5% in deals volume during January-April 2024, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal activity in travel and tourism sector remained subdued amid the uncertain market conditions and ongoing geopolitical tensions. Several leading economies including the ...
Global Travel and Tourism Sector Deal Activity Plunges 31.9% in 2023, Finds GlobalData
GlobalData | January 11, 2024
Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062 deals announced during the previous year, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that all the deal types under the coverage witnessed notable decline in volume during 2023 compared to the previous year. While the volume for M&A deals fell by 32.8%, the number of PE and VC deals were down by 40% and 27.9%, respectively, during 2023 c...
Global Travel and Tourism Sector Deal Activity Down by 32.7% YoY During January-November 2023, finds GlobalData
GlobalData | December 15, 2023
A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared to the announcement of 989 deals during the same period in the previous year, finds GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The global travel and tourism sector persistently exhibited a declining trend in deal activity throughout the year. Geo-political tensions, ongoing wars and associated macroeconomic challenges largely affected th...
