Travel & tourism deal activity rebounds, growing 22.7% during week ended May 10 2020, finds GlobalData
The number of deals announced in the global travel and tourism sector grew by 22.7% during the week ended May 10, 2020 compared to the previous week, according to GlobalData's deals database.
The announcement of debt offering deals increased by 160% during the week, while mergers and acquisitions (M&A) and venture financing deal volume declined by 57.1% and 33.3%, respectively.
Deal activity increased in the US during the week ended May 10, 2020 compared to the previous week, while India and China witnessed decline.
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