3.7% decline in deal activity this week in travel and tourism sector

Published on : Friday, May 29, 2020

According to global deals database, the number of deals announced in the global travel and tourism sector declined by 3.7% during the week ended May 17, 2020 as compared to the previous week.

Due to COVID-19, the travel and tourism sector is among the worst hit and deal activity in the sector has remained inconsistent since the outbreak. While the sector witnessed growth in the week ended May 10 2017 to 27 deals, there was a decline in deal volume last week to 26.

During the week, the  announcement of equity offering and private equity deals decreased, while mergers and acquisitions (M&A) and venture financing deal volumes remained at the same level.

 The week ended May 17, 2020 did not register a single deal  while the UK, India and China witnessed one deal each during the previous week.


(No Like Yet)

Related Posts

Tags:

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 06 ITB Asia 2020
  • 12 ITE Hong Kong 2020
  • 13 IMEX 20
  • 16 FHC 2020
  • 16 G&A 2020
  • 16 ITB asia 2020
  • 16 TAAPE 2020
  • 17 AAA-banner 2020
  • 18 WCTIE 2020
  • 20 GWS-2020
  • 23 emitt 21
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. Forum de l’Investissement Hôtelier Africain

      July 7 - July 9
    2. DRT SHOW SHANGHAI

      July 17 - July 19
    3. SHANGHAI WORLD TRAVEL FAIR (SWTF)

      July 30 - August 2
    4. IT&CM CHINA 2020

      August 3 - August 5
    5. Asia Amusement & Attractions Expo 2020

      August 4 - August 6
Get our toolbar!
Review www.travelandtourworld.com on alexa.com