Narrative Update • Jun 19

The Hospitality industry has been flat over the last week, but HBX Group International has lost 3.3%. As for the longer term, the industry has declined 22% in the last year. Looking forward, earnings are forecast to grow by 9.5% annually.
Has the Spanish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jun 2026 | €29.2b | €12.4b | €1.8b | 12.8x | 15.9x | 2.3x |
| Sat, 23 May 2026 | €28.4b | €12.4b | €1.9b | 11.9x | 15.3x | 2.3x |
| Mon, 20 Apr 2026 | €30.6b | €12.3b | €1.6b | 14.9x | 19.2x | 2.5x |
| Wed, 18 Mar 2026 | €28.3b | €12.3b | €1.6b | 11.7x | 17.8x | 2.3x |
| Fri, 13 Feb 2026 | €28.0b | €12.2b | €1.6b | 10.1x | 17.8x | 2.3x |
| Sun, 11 Jan 2026 | €34.9b | €12.2b | €1.6b | 10.3x | 22.2x | 2.9x |
| Tue, 09 Dec 2025 | €32.5b | €12.2b | €1.6b | 14.4x | 20.6x | 2.7x |
| Thu, 06 Nov 2025 | €36.3b | €12.1b | €1.5b | 17.9x | 24.9x | 3x |
| Sat, 04 Oct 2025 | €37.1b | €12.1b | €1.5b | 18.9x | 25.5x | 3.1x |
| Mon, 01 Sep 2025 | €39.3b | €12.3b | €1.7b | 16.6x | 23.4x | 3.2x |
| Wed, 30 Jul 2025 | €40.0b | €12.2b | €1.6b | 16.8x | 24.9x | 3.3x |
| Fri, 27 Jun 2025 | €38.2b | €12.2b | €1.6b | 16.1x | 24.3x | 3.1x |
| Sun, 25 May 2025 | €39.7b | €12.1b | €1.6b | 18.3x | 25.3x | 3.3x |
| Tue, 22 Apr 2025 | €34.9b | €11.2b | €1.6b | 17.2x | 21.1x | 3.1x |
| Thu, 20 Mar 2025 | €37.1b | €11.2b | €1.6b | 18.5x | 22.5x | 3.3x |
| Sat, 15 Feb 2025 | €39.9b | €10.9b | €1.6b | 20.2x | 24.6x | 3.6x |
| Mon, 13 Jan 2025 | €35.5b | €5.0b | €356.0m | 15.5x | 99.7x | 7.1x |
| Wed, 11 Dec 2024 | €34.7b | €10.9b | €1.6b | 17.5x | 21.4x | 3.2x |
| Fri, 08 Nov 2024 | €33.9b | €10.7b | €1.5b | 18.8x | 22.5x | 3.2x |
| Sun, 06 Oct 2024 | €32.5b | €10.7b | €1.5b | 12.4x | 21.6x | 3x |
| Tue, 03 Sep 2024 | €30.5b | €10.7b | €1.5b | 12.2x | 20.2x | 2.8x |
| Thu, 01 Aug 2024 | €30.7b | €10.5b | €1.5b | 12.4x | 20.7x | 2.9x |
| Sat, 29 Jun 2024 | €31.3b | €10.5b | €1.5b | 13.4x | 21.4x | 3x |
| Mon, 27 May 2024 | €32.4b | €10.5b | €1.4b | 13.6x | 22.6x | 3.1x |
| Wed, 24 Apr 2024 | €30.2b | €10.2b | €1.4b | 13.9x | 22.3x | 3x |
| Fri, 22 Mar 2024 | €30.0b | €10.2b | €1.4b | 14x | 22.2x | 2.9x |
| Sun, 18 Feb 2024 | €31.0b | €9.9b | €1.3b | 11.8x | 24.1x | 3.1x |
| Tue, 16 Jan 2024 | €32.3b | €9.8b | €1.3b | 9.7x | 24.5x | 3.3x |
| Thu, 14 Dec 2023 | €32.7b | €9.8b | €1.3b | 9.7x | 24.8x | 3.3x |
| Sat, 11 Nov 2023 | €30.4b | €9.8b | €1.3b | 9x | 23.4x | 3.1x |
| Mon, 09 Oct 2023 | €29.6b | €9.6b | €1.2b | 9.5x | 24.7x | 3.1x |
| Wed, 06 Sep 2023 | €32.2b | €9.6b | €1.2b | 10.1x | 26.9x | 3.4x |
| Fri, 04 Aug 2023 | €32.4b | €9.5b | €1.2b | 10.5x | 27.5x | 3.4x |
| Sun, 02 Jul 2023 | €35.5b | €9.2b | €1.1b | 10.9x | 31.9x | 3.9x |
31.9x
Which industries have driven the changes within the Spanish Consumer Discretionary industry?
| ES Market | 1.30% | |
| Consumer Discretionary | -1.24% | |
| Hospitality | 0.062% | |
| Hotels, Resorts and Cruise Lines | 0.12% | |
| Casinos and Gaming | 0% | 0 |
| Restaurants | -15.36% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MEL Meliá Hotels International | €12.18 | 2.1% +€55.0m | 74.9% | PE16.4x | |
| AMS Amadeus IT Group | €52.18 | 0.2% +€33.8m | -24.0% | PE16.5x | |
| SCGV Grandvoyage Travel | €3.02 | 1.3% +€204.8k | n/a | n/a |