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A total of 365 deals (mergers & acquisitions, private equity, and venture financing deals) were announced in the travel and tourism sector globally during the first half (H1) of 2023, which was a decline of 38.8% compared to 596 deals announced during the same period in the previous year, reveals GlobalData, a leading data and analytics company.
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International travel from Europe was expected to make a positive commencement toward revival this year. However, disorder at many European airports is expected to hamper growth with queues and terminations fast becoming air travel standards, said GlobalData. The foremost data …
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