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U.K. (FTSE) Hospitality Industry Analysis

UpdatedAug 11, 2026
DataAggregated Company Financials
Companies34
  • 7D-0.4%
  • 3M3.9%
  • 1Y-8.9%
  • YTD0.05%

Over the last 7 days, the Hospitality industry has remained flat. As for the longer term, the industry has declined 8.5% in the last year. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026UK£74.3bUK£73.1bUK£2.1b18.3x36x1x
Thu, 09 Jul 2026UK£72.9bUK£73.0bUK£2.1b16.4x35.5x1x
Sat, 06 Jun 2026UK£74.2bUK£73.0bUK£2.1b15.6x36.2x1x
Mon, 04 May 2026UK£65.9bUK£70.3bUK£1.9b14.7x35x0.9x
Wed, 01 Apr 2026UK£53.2bUK£59.0bUK£1.4b14.7x37.2x0.9x
Fri, 27 Feb 2026UK£58.2bUK£58.1bUK£1.6b12.9x37x1x
Sun, 25 Jan 2026UK£58.2bUK£57.8bUK£1.6b13.5x37.2x1x
Tue, 23 Dec 2025UK£61.5bUK£58.2bUK£1.6b13.6x38.8x1.1x
Thu, 20 Nov 2025UK£60.9bUK£57.4bUK£1.3b15.8x46.1x1.1x
Sat, 18 Oct 2025UK£64.1bUK£56.4bUK£1.3b16.9x50x1.1x
Mon, 15 Sep 2025UK£68.9bUK£58.3bUK£1.3b14.6x54.7x1.2x
Wed, 13 Aug 2025UK£69.1bUK£58.3bUK£1.4b19.5x50.2x1.2x
Fri, 11 Jul 2025UK£69.8bUK£58.0bUK£1.4b17.3x49.6x1.2x
Sun, 08 Jun 2025UK£68.6bUK£58.1bUK£1.4b18.1x48.9x1.2x
Tue, 06 May 2025UK£67.5bUK£57.1bUK£1.4b18x49.7x1.2x
Thu, 03 Apr 2025UK£65.8bUK£57.8bUK£1.4b17.8x48.2x1.1x
Sat, 01 Mar 2025UK£71.1bUK£59.3bUK£1.7b15.4x42.6x1.2x
Mon, 27 Jan 2025UK£70.5bUK£59.9bUK£1.7b18.3x42.4x1.2x
Wed, 25 Dec 2024UK£71.3bUK£59.7bUK£1.7b20.3x43.1x1.2x
Fri, 22 Nov 2024UK£70.4bUK£58.8bUK£1.8b20.3x39.8x1.2x
Sun, 20 Oct 2024UK£70.0bUK£57.6bUK£1.7b23.3x41.4x1.2x
Tue, 17 Sep 2024UK£69.2bUK£56.4bUK£1.7b23.9x40.7x1.2x
Thu, 15 Aug 2024UK£66.1bUK£58.1bUK£1.7b21.6x39.2x1.1x
Sat, 13 Jul 2024UK£63.2bUK£57.4bUK£1.2b22x52.6x1.1x
Mon, 10 Jun 2024UK£90.4bUK£67.7bUK£217.3m22x416.1x1.3x
Wed, 08 May 2024UK£93.7bUK£65.7bUK£166.7m22.9x561.8x1.4x
Fri, 05 Apr 2024UK£92.6bUK£65.7bUK£95.7m21.2x967x1.4x
Sun, 03 Mar 2024UK£94.1bUK£65.0bUK£1.1b22.8x85.6x1.4x
Tue, 30 Jan 2024UK£94.8bUK£66.2bUK£981.0m20.8x96.7x1.4x
Thu, 28 Dec 2023UK£91.3bUK£66.2bUK£984.7m23x92.7x1.4x
Sat, 25 Nov 2023UK£85.2bUK£65.7bUK£1.1b20.7x79x1.3x
Mon, 23 Oct 2023UK£84.0bUK£64.3bUK£1.0b19.9x80.1x1.3x
Wed, 20 Sep 2023UK£90.5bUK£63.9bUK£1.0b18.4x89.6x1.4x
Fri, 18 Aug 2023UK£88.0bUK£63.7bUK£989.9m23.8x88.9x1.4x
Price to Earnings Ratio

88.9x


Total Market Cap: UK£88.0bTotal Earnings: UK£989.9mTotal Revenue: UK£63.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Hospitality Industry Price to Earnings3Y Average 101.2x202420252026
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 36.2x which is lower than its 3-year average PE of 101x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 4.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

GB Market0.54%
Consumer Discretionary0.49%
Hospitality-0.37%
Restaurants-0.076%
Leisure Facilities-0.37%
Casinos and Gaming-0.82%
Hotels, Resorts and Cruise Lines-2.30%
Industry PE
  • Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 32.1x.
    • Analysts are expecting annual earnings growth of 11.9%, which is higher than its past year's earnings growth of 2.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 74% over the next 5 years.
  • This is better than its past earnings growth rate of 35% per year.
  • In contrast, the Restaurants industry is expected to see its earnings grow by 12% 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
SSPG SSP GroupUK£2.112.1%
+UK£33.5m		29.3%PS0.4x
TRN TrainlineUK£2.501.0%
+UK£8.3m		-6.1%PE10.8x
OTB On the Beach GroupUK£1.932.4%
+UK£6.7m		-29.0%PE15.3x
FSTA Fuller Smith & TurnerUK£7.321.7%
+UK£6.3m		30.7%PE18.2x
EVOK EvokeUK£0.462.9%
+UK£5.9m		-27.4%PS0.1x

Latest News

DOM
UK£2.01
Domino's Pizza Group
7D
-1.8%
1Y
-3.1%
PPH
UK£15.12
PPHE Hotel Group
7D
-3.2%
1Y
-11.9%
Narrative Update • Aug 06

PPH: Freehold Acquisition And Dividend Policy Will Support Future Upside

Analysts have adjusted their price target on PPHE Hotel Group from £20.50 to £18.50, citing updated assumptions that include a revised discount rate of 11.83%, revenue growth of 3.58% and a P/E of 22.25x, alongside a profit margin forecast of 9.20%. What's in the News PPHE Hotel Group concluded its Strategic Review and Formal Sales Process on 19 June 2026 and confirmed it is not in discussions with any party regarding a potential sale of the company, according to the Board's Independent Committee.
GRG
UK£19.03
Greggs
7D
-2.1%
1Y
17.1%
Narrative Update • Aug 05

GRG: Refined Expectations And Cost Efficiency Constraints Will Shape Balanced Forward Returns

Analysts have lifted their fair value estimate for Greggs to about £17.77 per share from roughly £17.01, citing updated price targets that balance higher Street forecasts, including a new £2,210 target alongside a £1,960 target, with views that future cost savings may be less accessible after the recent share price move. Analyst Commentary Recent research on Greggs shows a split in opinion on how much upside is left in the share price following the recent rally.
IHG
US$155.55
InterContinental Hotels Group
7D
-1.0%
1Y
34.9%
WVIA
UK£2.41
Winvia Entertainment
7D
-4.9%
1Y
n/a
SSPG
UK£2.11
SSP Group
7D
2.1%
1Y
29.3%
ENT
UK£5.42
Entain
7D
-1.0%
1Y
-42.1%
PTEC
UK£3.77
Playtech
7D
0.5%
1Y
-13.6%
Narrative Update • Jul 24

PTEC: Higher Forward P/E Assumptions Will Pressure Overvalued Shares

The analyst price target for Playtech has been raised, with the updated fair value estimate moving from £2.15 to £2.88 per share, as analysts point to adjusted assumptions on revenue growth, discount rate, profit margin and future P/E in light of recent target increases from several banks. Analyst Commentary Recent Street research on Playtech shows a split in opinion, with several firms lifting their price targets but expressing different levels of conviction on where the stock should trade.
GYM
UK£2.06
Gym Group
7D
1.5%
1Y
50.4%
Narrative Update • Jul 24

GYM: New Scalable Format Rollout Will Drive Future Upside Potential

Analysts have lifted Gym Group's implied fair value from £2.38 to £2.90, citing revised assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What’s in the News for Gym Group Gym Group set out a rollout plan that includes a new format design intended to be scalable and cost effective across its estate.
WTB
UK£24.60
Whitbread
7D
-3.3%
1Y
-18.6%
EVOK
UK£0.46
Evoke
7D
2.9%
1Y
-27.4%
Narrative Update • Jul 21

EVOK: Raised Outlook Suggests Future Upside From All Share Acquisition Terms

Analysts have lifted their price target on Evoke to £0.52 from £0.34, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, which they say support a higher valuation framework. What's in the News for Evoke Bally's Intralot S.A. and Evoke agreed terms for a recommended all share acquisition of Evoke's entire issued and to be issued share capital.
TRN
UK£2.50
Trainline
7D
1.0%
1Y
-6.1%
MARS
UK£0.52
Marston's
7D
1.6%
1Y
29.5%
New Narrative • Jun 27

Format Risks Around Format Rollout And Margins Will Define Future Pub Returns

Catalysts About Marston's Marston's operates a large, predominantly freehold pub estate in the U.K., focused on local, community-led formats. What are the underlying business or industry changes driving this perspective?
FSTA
UK£7.32
Fuller Smith & Turner
7D
1.7%
1Y
30.7%
OTB
UK£1.93
On the Beach Group
7D
2.4%
1Y
-29.0%
Narrative Update • Jun 23

OTB: Share Buybacks And Execution Progress Will Support Future Upside

On the Beach Group’s updated analyst price target has been trimmed in line with recent cuts to around £2.80 to £3.14 from prior levels near £3.05 to £3.45, as analysts factor in slightly adjusted fair value, discount rate, revenue growth and profit margin assumptions, while maintaining broadly positive views on the stock. Analyst Commentary Recent research on On the Beach Group points to a mixed but generally constructive stance, with analysts trimming price targets while keeping positive ratings.
MAB
UK£2.81
Mitchells & Butlers
7D
-0.9%
1Y
4.9%