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0.00104045015394417 0.00108291750716647 0.000997982800722003 0.000870580741055367 -0.000913048094277539 0.000360972502388822 0.00142265633294408 0.00758042255016455
Stock impact report

2024 a ‘quiet' year for M&A in travel, hospitality sector [Yahoo! Finance]

Marriott International - Class A (MAR) 
Last marriott international - class a earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/mar
Company Research Source: Yahoo! Finance
2024 was a “quiet” year for corporate mergers and acquisitions activity in the travel, leisure and hospitality industry, according to a KPMG report released earlier this month. Deal volumes in the sector fell to their lowest levels since 2020, KPMG found, with 875 total deals worth $28.2 billion in 2024, a 20% decrease from 2023. But while deal activity in the travel, leisure and hospitality sectors was low overall, hotel companies continued to cross-pollinate through strategic partnerships and loyalty tie-ins, particularly in booming Las Vegas “Partnerships offer a less risky alternative to M&A by enabling companies to collaborate and leverage each other's strengths without the need for full integration,” Daniel Fischer, a KPMG partner and deal advisory and strategy lead for travel, leisure and hospitality, told Hotel Dive. Meanwhile, if late 2024's improving economic conditions continue, they could fuel a rebound in travel, leisure and hospitality M&A in 2025, the report fo Show less Read more
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