As we move through 2024, the travel sector is showing promising signs of recovery and growth. Cavendish is pleased to present the latest edition of our Quarterly Consumer Note, offering an M&A perspective on the dynamic shifts within the industry.

Some of the key topics covered in the report:

  • The improving UK economic landscape and its impact on consumer confidence
  • Current valuation trends across various consumer sub-sectors
  • Key themes shaping the travel industry, including consumer spending patterns and operational challenges
  • Recent M&A activity in the travel sector

Our analysis reveals a resurgence in travel M&A activity, driven by pent-up demand and renewed positive sentiment. With EV/EBITDA multiples holding steady at around 9x, we’re seeing increased interest from both strategic and financial buyers in this dynamic market.

Download our report to gain expert insights into the evolving consumer and travel landscapes, and discover the opportunities that lie ahead for investors and operators alike.