Deal-making activity in tourism dropped by 34.3% in April 2021: GlobalData

A total of 71 deals (comprising M&A, private equity, and venture financing) were announced in the global tourism sector during April, which is a decline of 34.3% over 108 deals announced in March, according to data and analytics company GlobalData. Aurojyoti Bose, its Lead Analyst, says, “Although the rebound in deal activity in March brought in some cheer, it could not be sustained for long with April again reversing the trend.”