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U.K. (FTSE) Hospitality Industry Analysis

UpdatedDec 06, 2025
DataAggregated Company Financials
Companies32
  • 7D-0.6%
  • 3M-8.8%
  • 1Y-15.6%
  • YTD-13.3%

The Hospitality industry has been flat over the last week, but Mitchells & Butlers has lost 8.5%. Unfortunately though, the industry is down 16% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the U.K. Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Dec 2025UK£64.0bUK£58.5bUK£1.6b16.7x40.3x1.1x
Mon, 03 Nov 2025UK£63.5bUK£57.2bUK£1.3b15.8x48.6x1.1x
Wed, 01 Oct 2025UK£67.9bUK£58.5bUK£1.3b16x53.5x1.2x
Fri, 29 Aug 2025UK£68.4bUK£58.4bUK£1.3b16.9x53.2x1.2x
Sun, 27 Jul 2025UK£71.9bUK£58.3bUK£1.4b17.2x50.7x1.2x
Tue, 24 Jun 2025UK£67.6bUK£58.1bUK£1.4b16.8x48x1.2x
Thu, 22 May 2025UK£70.3bUK£58.2bUK£1.4b19.1x48.5x1.2x
Sat, 19 Apr 2025UK£65.5bUK£57.1bUK£1.3b18x49x1.1x
Mon, 17 Mar 2025UK£67.5bUK£58.7bUK£1.6b15x42.8x1.1x
Wed, 12 Feb 2025UK£72.0bUK£60.1bUK£1.7b15.6x42.6x1.2x
Fri, 10 Jan 2025UK£71.2bUK£60.4bUK£1.7b18.3x42.4x1.2x
Sun, 08 Dec 2024UK£74.3bUK£59.2bUK£1.6b19.4x45.2x1.3x
Tue, 05 Nov 2024UK£70.1bUK£57.8bUK£1.7b23.3x41.2x1.2x
Thu, 03 Oct 2024UK£68.6bUK£57.0bUK£1.7b22.3x39.6x1.2x
Sat, 31 Aug 2024UK£67.1bUK£57.3bUK£1.7b23.5x39.1x1.2x
Mon, 29 Jul 2024UK£65.9bUK£57.7bUK£1.2b21.7x54.2x1.1x
Wed, 26 Jun 2024UK£61.0bUK£58.1bUK£1.2b21.7x49.3x1x
Fri, 24 May 2024UK£92.4bUK£67.8bUK£217.2m22.4x425.7x1.4x
Sun, 21 Apr 2024UK£90.1bUK£65.9bUK£75.6m21.8x1191.8x1.4x
Tue, 19 Mar 2024UK£93.2bUK£65.3bUK£898.1m20.6x103.8x1.4x
Thu, 15 Feb 2024UK£94.5bUK£65.0bUK£1.1b21.4x84.9x1.5x
Sat, 13 Jan 2024UK£89.1bUK£66.2bUK£980.7m21.6x90.8x1.3x
Mon, 11 Dec 2023UK£86.1bUK£66.2bUK£982.5m22.1x87.7x1.3x
Wed, 08 Nov 2023UK£86.5bUK£64.3bUK£1.0b20x82.4x1.3x
Fri, 06 Oct 2023UK£84.9bUK£64.0bUK£996.6m22.3x85.2x1.3x
Sun, 03 Sep 2023UK£89.7bUK£63.8bUK£1.0b20.7x85.9x1.4x
Tue, 01 Aug 2023UK£94.8bUK£61.8bUK£1.2b24.7x79.8x1.5x
Thu, 29 Jun 2023UK£95.9bUK£61.8bUK£1.2b21.7x80.5x1.6x
Sat, 27 May 2023UK£98.2bUK£61.7bUK£1.2b22.5x81.5x1.6x
Mon, 24 Apr 2023UK£94.7bUK£56.5bUK£1.2b20.1x78.6x1.7x
Wed, 22 Mar 2023UK£88.5bUK£57.1bUK£1.5b17.9x60.2x1.6x
Fri, 17 Feb 2023UK£85.8bUK£53.3bUK£1.8b20.5x48.5x1.6x
Sun, 15 Jan 2023UK£84.2bUK£53.1bUK£2.1b11.1x39.9x1.6x
Tue, 13 Dec 2022UK£80.3bUK£53.0bUK£2.1b11.3x38.2x1.5x
Price to Earnings Ratio

38.2x


Total Market Cap: UK£80.3bTotal Earnings: UK£2.1bTotal Revenue: UK£53.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Hospitality Industry Price to Earnings3Y Average 107.4x202320242025
Current Industry PE
  • Investors are pessimistic on the British Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 40.3x which is lower than its 3-year average PE of 107x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have declined 8.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.K. Consumer Discretionary industry?

GB Market-0.43%
Consumer Discretionary-0.27%
Hospitality-0.58%
Leisure Facilities0.94%
Restaurants0.27%
Casinos and Gaming-1.50%
Hotels, Resorts and Cruise Lines-3.98%
Industry PE
  • Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio of 23.4x.
    • Analysts expect its future annual earnings growth (13.1%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 82% over the next 5 years.
  • However this is lower than its past earnings growth rate of 263% per year.
  • In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WTB WhitbreadUK£24.01-3.6%
UK£3.6b		-19.6%PE31.2x
SSPG SSP GroupUK£1.7213.7%
+UK£164.9m		-8.4%PS0.4x
GRG GreggsUK£16.747.3%
+UK£115.7m		-39.3%PE11.7x
OTB On the Beach GroupUK£2.1512.9%
+UK£35.6m		-8.3%PE12.7x
FSTA Fuller Smith & TurnerUK£7.065.1%
+UK£18.3m		8.0%PE18.4x

Latest News

WTB
UK£24.01
Whitbread
7D
-3.6%
1Y
-19.6%
SSPG
UK£1.72
SSP Group
7D
13.7%
1Y
-8.4%
ENT
UK£7.59
Entain
7D
-2.3%
1Y
-6.6%

ENT: Upcoming UK Gaming Tax Changes Will Drive Future Share Performance

The analyst price target for Entain has been trimmed modestly, with a slightly lower fair value and revenue growth outlook partially offset by a firmer profit margin profile, as analysts factor in higher UK gaming taxes and a maturing U.S. market, yet still see value in the shares at roughly a mid single digit percentage discount to prior expectations. Analyst Commentary Street research remains broadly constructive on Entain, with several bullish analysts highlighting a more attractive entry point after the recent share price pullback, even as higher UK gaming taxes and a slowing U.S. market temper headline targets.
FSTA
UK£7.06
Fuller Smith & Turner
7D
5.1%
1Y
8.0%
OTB
UK£2.15
On the Beach Group
7D
12.9%
1Y
-8.3%
CPG
UK£23.70
Compass Group
7D
-0.08%
1Y
-13.8%
GRG
UK£16.74
Greggs
7D
7.3%
1Y
-39.3%
MAB
UK£2.64
Mitchells & Butlers
7D
-8.5%
1Y
6.5%
PPH
UK£18.12
PPHE Hotel Group
7D
-5.9%
1Y
36.8%

PPH: New London Site Acquisition Will Drive Shareholder Value Expansion

Analysts have raised their price target for PPHE Hotel Group from £22.03 to £23.43, highlighting improved revenue growth prospects, even as there is some moderation in profit margins and profitability metrics. What's in the News The Board of PPHE Hotel Group has launched a strategic review evaluating a range of potential actions to maximize shareholder value, including the introduction of growth capital or a possible sale of all or part of the business.
EVOK
UK£0.23
Evoke
7D
-14.5%
1Y
-65.4%

EVOK: Future Share Performance Will Reflect UK Gaming Tax Impact

Analysts have lowered their price target for Evoke by approximately 20%, reflecting concerns about increased UK gaming tax rates as well as a more challenging outlook for revenue and profitability. Analyst Commentary Amid evolving regulatory and market conditions, analysts have provided a range of perspectives on Evoke's outlook, highlighting both growth opportunities and risks to valuation and execution.
IHG
UK£99.52
InterContinental Hotels Group
7D
-0.6%
1Y
-1.9%

IHG: Future Earnings Stability Will Rely On Navigating U.S. RevPAR Challenges

The average analyst price target for InterContinental Hotels Group has risen modestly by approximately £1 per share. This reflects analysts' improved outlook on the company's earnings resilience and fair valuation, despite mixed trends in U.S. market performance.
JDW
UK£7.00
J D Wetherspoon
7D
2.0%
1Y
13.5%

Here's Why J D Wetherspoon (LON:JDW) Has Caught The Eye Of Investors

Nov 27
Here's Why J D Wetherspoon (LON:JDW) Has Caught The Eye Of Investors
BOWL
UK£2.86
Hollywood Bowl Group
7D
2.1%
1Y
-15.7%
YNGA
UK£7.38
Young's Brewery
7D
-1.2%
1Y
-19.1%
TRN
UK£2.09
Trainline
7D
-11.5%
1Y
-51.4%

There Is A Reason Trainline plc's (LON:TRN) Price Is Undemanding

Nov 19
There Is A Reason Trainline plc's (LON:TRN) Price Is Undemanding
PTEC
UK£2.86
Playtech
7D
1.1%
1Y
-61.6%

Playtech plc (LON:PTEC) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

Oct 31
Playtech plc (LON:PTEC) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless