The number of deals announced in the global travel and tourism sector declined by 3.8% during the week ended June 28, 2020, compared to the previous week, according to GlobalData’s deals database.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector is among the worst hit due to COVID-19 and deal activity in the sector has also remained inconsistent since the outbreak. This is the second consecutive week of decline for the sector.”