BDO's prediction bookends what was the busiest year for travel M&A activity since 2018 when 20 deals were completed. Nearly half (10) of this year's 21 deals were for overseas tour operators and agents.
Audley Travel, Loveholidays and Travelopia among brands poised to attract M&A activity next year
Mergers and acquisitions
James Chapple
23 December 2025
Audley Travel, Loveholidays and Travelopia are likely to be at the centre of any travel M&A activity next year, according to accountancy and business advisory firm BDO.
(Credit: iStock / AKart Design)
BDO has identified five travel brands that could attract M&A interest in 2026 (Credit: iStock / AKart Design)
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