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Travel & tourism sector deal activity down by 2% in February

Travel & tourism sector deal activity down by 2% in February
Travel & tourism sector deal activity down by 2% in February
Written by Harry Johnson

A total 96 deals—comprising mergers & acquisitions (M&A), private equity, and venture financing deals— were announced in the global travel and tourism sector in February 2022.

Industry analysts note that this represents a decline of 2% compared to the previous month.

While there is still prevailing uncertainty among deal makers in the sector, deal activity remains a mixed bag across different market and deal types.

The number of M&A deals decreased by 15.9% while the number of venture financing and private equity deals increased by 47.1% and 8.3%, respectively, in February.

Deal activities across the key markets were also a mixed bag. While markets such as the USA, China, India and South Korea witnessed a decline in deal activity, other markets such as the UK, Japan and Australia registered growth in February, compared to the previous month.

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About the author

Harry Johnson

Harry Johnson has been the assignment editor for eTurboNews for mroe than 20 years. He lives in Honolulu, Hawaii, and is originally from Europe. He enjoys writing and covering the news.

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