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15Dec

Hospitality/Leisure M&A finds flourishing niches in 2020

The effect of the COVID-19 pandemic on the hospitality industry has been especially severe, the face-to-face nature of commercial activity in the space making it especially susceptible to social distancing and lockdown measures. Deal volume in the broader leisure sector, which encompasses dining, hotels and hospitality, gyms and gaming groups, fell 49% while value dropped by 46% to 292 transactions worth US$39.8 billion in the first three quarters of the year. A rebound is due in the fourth...
By: White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/hospitality-leisure-m-a-finds-57421/

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