GlobalData, a primary data and analytics firm, has shown a weakening in mergers and acquisitions (M&A) in the segment of travel and tourism. As per …

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.