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T&T sector deal activity down by 31.7% yoy during Jan-Oct 2023: GlobalData

By TBM Staff - Mumbai Monday, 13 November 2023, 12:00 PM 353

A total of 621 deals* were announced in the travel and tourism sector globally during January-October 2023, which was a decline of 31.8% compared to the announcement of 911 deals during the same period in the previous year, finds GlobalData, a data and analytics company. An analysis of GlobalData’s Financial Deals Database also revealed that […]Continue Reading

Deal activity in T&T industry declines 36.2% YoY during Jan-Aug 2023: GlobalData

By TBM Staff - Mumbai Wednesday, 20 September 2023, 1:00 PM 585

The global travel and tourism industry experienced a notable decline in deal activity during January-August 2023, marking a substantial year-on-year (YoY) decrease of 36.2% compared to the same period in 2022. This decline spanned various deal types, including mergers and acquisitions (M&A), private equity, and venture financing, with economic uncertainties and Continue Reading