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Global Tourism & Leisure Industry Deals in April 2020

deals in travel

Total tourism & leisure industry deals for April 2020 worth $4.86bn were announced globally. The value marked an increase of 67.4% over the previous month and a drop of 45.2% when compared with the last 12-month average of $8.86bn.

In terms of the number of deals, the sector saw a drop of 50% over the last 12-month average with 57 deals against the average of 114 deals, according to GlobalData’s deals database.

In value terms, North America led the activity with deals worth $2.81bn.

Top Deals in April 2020

The top five tourism & leisure deals accounted for 81.5% of the overall value during April 2020.

The combined value of the top five tourism & leisure deals stood at $3.96bn, against the overall value of $4.86bn recorded for the month.

The top five tourism & leisure industry deals of April 2020 tracked by GlobalData were:

  • Apollo Global Management and Silver Lake Partners’ $1.2bn private equity deal with Expedia Group
  • The $1bn private equity deal with Airbnb by Silver Lake Management and TPG Sixth Street Partners
  • Legend Capital’s $1bn venture financing of Qingju
  • The $400m venture financing of Via Transportation by Broadscale Group, Ervington Investments- Cyprus, Exor International, 83North Venture Capital, Hearst Ventures, Macquarie Capital (Europe), Mori Trust, Pitango Growth, Planven Investments, RiverPark Ventures and Shell Ventures
  • Midnight Acacia Holdings Pte.’s private equity deal with Crown Resorts for $357.42m.

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