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Travel & Tourism Deal Activity Down by 42% in January 2023

February 20, 2023

Challenging global economic conditions and their implications reflected their impact on the travel and tourism sector’s deal activity in the first month of 2023. A total of 38 deals (comprising merger and acquisition, venture financing and private equity deals) were announced in the sector globally in January 2023, which is a decline of 42.4% in terms of deals volume compared to the previous month, reveals GlobalData.

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