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Global travel and tourism witnesses 13.7% increase in deals during October this year

15 days ago   |   By Travel and Tourworld

Overall 116 deals were announced in the global travel and tourism sector during October 2020, which is an enhancement of 13.7% over 102 deals announced during the previous month, according to GlobalData, which is a leading data and analytics company.
Aurojyoti Bose, Lead Analyst at GlobalData said, “Despite being the hardest hit industry due to the COVID-19 pandemic, the travel and tourism sector managed to reverse the decline that was witnessed during the previous month, which was driven by improved deal activity in North America and Europe.”
The announcement of venture financing...
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