Travel & Tourism Sector Witnessed 29.6% Decline in Deal Activity During January 2021
A total of 57 deals were announced in the global travel and tourism sector during January 2021, which is a decrease of 29.6% over 81 deals announced in December 2020, according to GlobalData, a leading data and analytics company.
The number of equity offerings, venture financing, mergers and acquisition (M&A), and private equity deals decreased during January 2021 compared to the previous month, while debt offerings deal volume increased.
Deal activity decreased in key markets such as the US, the UK, China and South Korea during January 2021 compared to the previous month.
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