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Report - April 22, 2024

Despite multiple headwinds, consumer demand for leisure experiences remains strong, and business travel is coming back faster than expected. In fact, the global travel industry is nearing 2019 levels, with travel volumes forecast to expand at 4-6% CAGR over the next five years.1

As a result, Harris Williams expects to see renewed M&A momentum. For investors, there will be a range of opportunities in the coming years and a healthy backlog of high-quality companies anticipated to come to market.

In this spring 2024 report covering the travel sector, we share:

  • The current state of travel recovery

  • Macroeconomic and global travel outlooks

  • Seven key trends that will shape the travel sector

  • Implications for travel businesses and investors

  • M&A market observations and activity

To discuss M&A opportunities across the travel sector, please contact our senior professionals.

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