Travel and Tourism Industry M&A Deals by Top Themes in 2022 – Thematic Intelligence
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Travel And Tourism M and A Deals Report Overview
The travel and tourism sector witnessed 773 M&A deals worth $63 billion in 2022. North America lead the M&A activity in 2022. The top themes driving M&A activity in the travel and tourism sector in 2022 were, were premiumization & indulgence, and emerging economies.
The travel and tourism industry M&A deals thematic intelligence report provides an overview of the global M&A activities in the travel and tourism sector in 2022. The report identifies the themes driving most notable to deals announced in 2022 in the travel and tourism sector.
Travel and Tourism Industry M&A Deals Activity by Regions
The key regions that drove travel and tourism industry M&A deal activity in 2022 are North America, Europe, China, South & Central America, Middle East & Africa, and APAC Ex-China. North America continued to lead the M&A deal activity in the travel and tourism sector with 259 deals worth $29.8 billion in 2022.
Travel and Tourism Industry M&A Deals Analysis by Regions, 2022 (%)
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Travel and Tourism Industry M&A Deals Activity by Sub-Sectors
The key sub-sectors witnessing travel and tourism industry M&A activity in 2022 were lodging, airlines, intermediaries, car rental, online travel sales. Lodging was the biggest sub-sector in 2022 in terms of M&A deal value. However, intermediaries was the only sector that witnessed growth in terms of deal value in 2022 compared to 2021.
Travel and Tourism Industry M&A Deals Analysis by Sub-Sectors
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Travel and Tourism Industry M&A Activity: Top Themes
Some of the top themes that will drive travel and tourism industry M&A activity are artificial intelligence, digital payments, COVID-19 and ESG-environmental.
Theme Map of Travel and Tourism Industry, 2023
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Travel and Tourism Industry Mergers and Acquisitions Deals Report Overview
Market Size (2022) | $63 billion |
Key Regions | North America, Europe, China, South & Central America, Middle East & Africa, and APAC Ex-China |
Key Sectors | Lodging, Airlines, Intermediaries, Car Rental, and Online Travel Sales |
Segments Covered in the Report
Travel and tourism Industry Mergers and Acquisitions Deals Regional Outlook (Value, $ Billion, 2022)
- North America
- Europe
- China
- South & Central America
- Middle East & Africa
- APAC Ex-China
Travel and tourism Industry Mergers and Acquisitions Deals Sectors Outlook (Value, $ Billion, 2022)
- Lodging
- Airlines
- Intermediaries
- Car Rental
- Online Travel Sales
Scope
- This report provides an overview of merger and acquisition activity globally in 2022 in Travel and Tourism Sector.
- It identifies the themes driving most notable to deals announced in 2022 in the Travel and Tourism Sector.
Key Highlights
The travel & tourism sector saw 773 M&A deals accounting for $63 billion in 2022, a drop of 60% from 2021 in terms of deal value. M&A deal value dropped in most regions in 2022 as compared to the previous year. North America continued to lead the M&A activity with 259 deals worth $29.8 billion.
Reasons to Buy
- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A).
- In this report we have listed down the most notable deals in travel and tourism sector to make it easy for our clients to get a view of themes disrupting the sector and prepare for the future.
Apollo Global & others
SalMar
Sakai Trust
Reco Pine
IndInfravit
Globalvia Inversione
Ferrovial
MBK Partners
Chorus Aviation
VINCI Airports
InterPrivate II Acquisition
Choice Hotels
Hornblower Yachts
Special Opportunities 6 Fund
MarineMax
Korean Air Lines
Hoban Construction
Qantas Airways
CMA CGM
Spirit Airlines
Atlas Air Worldwide
NTS
Nagacorp
Prince Hotels
Brookfield Asset
Go-Ahead Group
Carlyle Global Infrastructure
Haichang Ocean Park
Falko Regional Aircraft
Fintech Advisory
Getaround
Radisson Hotel
Quadrant Private Equity
Raag Hotels
Island Global Yachting
Hanjin KAL
Alliance Aviation Services
Air France–KLM
Table of Contents
Frequently asked questions
-
What was the travel and tourism industry M&A deal activity size in 2022?
The global travel and tourism industry M&A market witnessed deals worth $63 billion in 2022.
-
Which was the leading region in the travel and tourism industry M&A deal activity in 2022?
North America led the travel and tourism industry M&A deal activity in 2022 among all the other regions.
-
Which was the leading sector in the travel and tourism industry M&A deal activity?
Lodging was the leading sector in the travel and tourism industry M&A deal activity.
-
Which themes will drive the travel and tourism industry M&A activity in 2023?
In 2023, the top themes that will drive travel and tourism industry M&A activity are artificial intelligence, digital payments, COVID-19 and ESG-Environmental.

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