LONDON, United Kingdom, Feb. 19, 2024 (GLOBE NEWSWIRE) — As the global economy gradually recovers, people’s enthusiasm for travel is increasing, making the layout of cultural and tourism industries and capital operations a focal point for global capital. Increasingly, asset management institutions and asset owners are including the cultural and tourism industries in their investment strategies, decisions and practices.
French investment bank Cambon Partners and Indian tourism research company Videc recently published a joint report analyzing global tourism mergers and acquisitions. The data shows that from 2014 to the third quarter of 2023, a total of 1,758 travel companies were sold worldwide. Among them, 382 mergers and acquisitions had publicly disclosed transaction amounts, with those transactions alone totaling $212 billion. The number of global tourism M&A deals (423) from 2022 to the third quarter of 2023 has significantly increased compared to the figures from the third quarter of 2018-2019 (389).
As a leading global brand in innovative culture and tourism, Mass United Tourism LLC has continued to acquire or invest in high-quality assets worldwide through its wholly-owned subsidiary, Mass United Invest Ltd, enhancing its industry chain layout. The CEO of Mass United Invest Ltd said: “Relying on the group’s strong financial strength and professional investment ability, by continuously acquiring and investing in high-quality cultural and tourism assets around the world and building distribution channels and content operations with global partners, we form a closed industry loop that has significant value for companies to improve global strategic alignment and penetrate the culture and tourism industry chain,” .
In terms of investment objectives, the cultural and tourism assets preferred by Mass United Invest Ltd should have a development basis or a certain brand and visitor base, preferably with uniqueness and scarcity, such as the ancient city of Fes in Morocco and the ancient city of Galle in Sri Lanka; or the cultural and tourism asset has the potential for sustainable development, with a visitor flow and market reputation that stands the test of time, such as the island resources of the Maldives; third, the rate of return on capital is acceptable or corresponds to the company’s current strategic phase, such as the signing with the Maasai village in Kenya, which is more about the group’s strategic location in Africa. Following these three criteria, Mass United Invest Ltd has continuously researched and invested globally in recent years.
Mass United Invest Ltd is reported to have established three investment funds owning 127 subsidiaries, with a total capital management scale of $790 million, employing over 4,600 people worldwide, with a team of more than 600 brokers covering business scopes including development of IP routes, restructuring of cultural and tourism assets, building data for RWAs, serving a global group of 46,000 people. In order to better carry out the global investment business, the company has successively obtained a US NFA license, a US Money Service Business (MSB) registration license and a Hong Kong Money Service Operator (MSO) license.
To address the coexistence of multiple ticketing systems within the cultural and tourism industry, improve global ticketing management in the cultural and tourism industry, and achieve digital construction in the field of ticketing, Mass United Invest Ltd is ready to launch a global ticketing system. This ticketing system will be integrated into Mass United Invest Ltd’s comprehensive fund management application, allowing passengers worldwide to book tickets online directly. In addition, this ticketing system establishes the basic ticketing rules for cultural and tourism assets and IP routes in the Mass United Tourism group, enabling the collection and effective empowerment of global cultural and tourism ticketing market data.
High-quality cultural and tourism assets are always in demand, especially as the global economy gradually recovers. To match global cultural and tourism enterprises and their attractions with Mass United Tourism LLC’s global partners, improve the profitability of cultural and tourism assets and enhance the global passenger experience, Mass United Invest Ltd leverages the group’s resource capabilities and its own professional investments management skills to bring more opportunities for positive development of the industry.
Company: MASS UNITED TOURISM EOOD
Contact person: Albert Bernard
Email: [email protected]
Website: https://www.unitedtourism.xyz
City: LONDON
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