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Euronews
Euronews
Indrabati Lahiri

Why are more private equity companies entering the travel sector?

Intrepid Travel James Thornton European Union

Last year experienced a rebound in private equity deals in the travel sector, in line with surging travel demand. This was driven mainly by an ongoing recovery of destinations in the Pacific and Asia, as well as a strong performance from large source markets. 

In the second quarter of 2024, fourteen private equity deals worth a combined $822.9 million (€724.4m) took place in the European tourism and leisure sector, according to the GlobalData’s Deals Database. 

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