It’s no secret that travel M&A activity has eased off a bit this year, and the background noise from across the pond isn’t exactly helping. While deals are still happening, they’re taking longer to get over the line.
TTC’s Martin Alcock recently moderated a panel at the Barclays Travel Forum, where he spoke about whether the appetite for M&A still exists in the market.
“The pace of transactions has definitely slowed a little this year, and the Trump noise isn’t helping. We’re still actively working on several transactions, but processes are taking longer.
“There’s more scrutiny of assumptions in the diligence, a lot more tyre-kicking and general faffing about, but there is still appetite from investors for the right travel business.”
The article also highlighted that there’s still a strong interest for good quality travel businesses. Despite slower deal processes, investor appetite remains. The small to mid-sized market is driving momentum, and there is a strong interest from corporates and private equity.
You can find out more on travelweekly.co.uk.
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