Narrative Update • Jun 19

Over the last 7 days, the Hospitality industry has dropped 1.3%, driven by a pullback from HBX Group International of 3.3%. However, the industry is down 20% over the past year. 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Jun 2026 | €29.2b | €12.4b | €1.8b | 12.8x | 15.9x | 2.3x |
| Fri, 22 May 2026 | €28.7b | €12.4b | €1.8b | 12x | 15.6x | 2.3x |
| Sun, 19 Apr 2026 | €30.7b | €12.3b | €1.6b | 14.9x | 19.3x | 2.5x |
| Tue, 17 Mar 2026 | €28.7b | €12.3b | €1.6b | 11.1x | 18.1x | 2.3x |
| Thu, 12 Feb 2026 | €28.5b | €12.2b | €1.6b | 9.9x | 18.1x | 2.3x |
| Sat, 10 Jan 2026 | €34.9b | €12.2b | €1.6b | 10.3x | 22.2x | 2.9x |
| Mon, 08 Dec 2025 | €32.6b | €12.2b | €1.6b | 14.4x | 20.7x | 2.7x |
| Wed, 05 Nov 2025 | €35.8b | €12.1b | €1.5b | 17.7x | 24.6x | 3x |
| Fri, 03 Oct 2025 | €37.0b | €12.1b | €1.5b | 18.9x | 25.5x | 3.1x |
| Sun, 31 Aug 2025 | €39.3b | €12.3b | €1.7b | 16.6x | 23.4x | 3.2x |
| Tue, 29 Jul 2025 | €39.9b | €12.2b | €1.6b | 16.6x | 24.8x | 3.3x |
| Thu, 26 Jun 2025 | €38.3b | €12.2b | €1.6b | 16.2x | 24.3x | 3.1x |
| Sat, 24 May 2025 | €39.7b | €12.1b | €1.6b | 18.3x | 25.3x | 3.3x |
| Mon, 21 Apr 2025 | €34.9b | €11.2b | €1.6b | 17.2x | 21.1x | 3.1x |
| Wed, 19 Mar 2025 | €36.6b | €11.3b | €1.6b | 18.5x | 22.2x | 3.2x |
| Fri, 14 Feb 2025 | €39.6b | €10.9b | €1.6b | 20.1x | 24.4x | 3.6x |
| Sun, 12 Jan 2025 | €35.5b | €10.9b | €1.6b | 19.6x | 21.8x | 3.2x |
| Tue, 10 Dec 2024 | €34.9b | €10.9b | €1.6b | 17.5x | 21.5x | 3.2x |
| Thu, 07 Nov 2024 | €33.6b | €10.7b | €1.5b | 18.6x | 22.3x | 3.1x |
| Sat, 05 Oct 2024 | €32.5b | €10.7b | €1.5b | 12.4x | 21.6x | 3x |
| Mon, 02 Sep 2024 | €30.6b | €10.7b | €1.5b | 12.1x | 20.3x | 2.9x |
| Wed, 31 Jul 2024 | €30.5b | €10.5b | €1.5b | 12.3x | 20.6x | 2.9x |
| Fri, 28 Jun 2024 | €31.3b | €10.5b | €1.5b | 13.3x | 21.4x | 3x |
| Sun, 26 May 2024 | €32.4b | €10.5b | €1.4b | 13.6x | 22.6x | 3.1x |
| Tue, 23 Apr 2024 | €29.4b | €10.2b | €1.4b | 13.6x | 21.8x | 2.9x |
| Thu, 21 Mar 2024 | €29.3b | €10.2b | €1.4b | 14x | 21.7x | 2.9x |
| Sat, 17 Feb 2024 | €31.0b | €9.9b | €1.3b | 11.8x | 24.1x | 3.1x |
| Mon, 15 Jan 2024 | €32.6b | €9.8b | €1.3b | 9.8x | 24.7x | 3.3x |
| Wed, 13 Dec 2023 | €33.1b | €9.8b | €1.3b | 9.8x | 25.1x | 3.4x |
| Fri, 10 Nov 2023 | €30.4b | €9.8b | €1.3b | 9x | 23.4x | 3.1x |
| Sun, 08 Oct 2023 | €29.6b | €9.6b | €1.2b | 9.5x | 24.7x | 3.1x |
| Tue, 05 Sep 2023 | €32.4b | €9.6b | €1.2b | 10x | 27.1x | 3.4x |
| Thu, 03 Aug 2023 | €33.0b | €9.5b | €1.2b | 10.6x | 28x | 3.5x |
| Sat, 01 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 | €12.14 | 2.4% +€63.9m | 74.6% | PE16.4x | |
| AMS Amadeus IT Group | €52.30 | 0.2% +€33.8m | -24.7% | PE16.5x | |
| SCGV Grandvoyage Travel | €3.02 | 1.3% +€204.8k | n/a | n/a |