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Travel and tourism sector deal activity down by 13 5% YoY in January-April 2024, finds GlobalData

Travel and tourism deals fell by 13.5% in early 2024 with only 217 transactions. Geopolitical tensions and uncertain market conditions impacted major economies like the US and China.

T&T sector deal activity down by 13 5% yoy during Jan-April: GlobalData

T&T sector deal activity down by 13 5% yoy during Jan-April: GlobalData
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Travel and tourism sector deal activity down by 13 5% YoY in January-April 2024, finds GlobalData

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.

M&A activity in the automotive industry in France increased in 2024

In France automotive industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $405.5m, according to GlobalData's Deals Database.

Q1 2024 update: digitalization related M&A activity in the automotive industry

In the global automotive industry, there were 4 M&A deals announced in Q1 2024, worth a total value of $0.4m, according to GlobalData's Deals Database.

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