Narrative Update • Jun 16

Over the last 7 days, the Hospitality industry has remained flat, although notably InterContinental Hotels Group gained 6.7%. As for the longer term, the industry has declined 5.5% in the last year. As for the next few years, earnings are expected to grow by 18% per annum.
Has the U.K. Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Jun 2026 | UK£74.3b | UK£73.1b | UK£2.1b | 16.2x | 35.9x | 1x |
| Sun, 17 May 2026 | UK£71.9b | UK£72.7b | UK£2.0b | 15.4x | 36x | 1x |
| Tue, 14 Apr 2026 | UK£65.0b | UK£70.3b | UK£1.9b | 14.7x | 34.4x | 0.9x |
| Thu, 12 Mar 2026 | UK£57.2b | UK£58.5b | UK£1.4b | 14.9x | 40x | 1x |
| Sat, 07 Feb 2026 | UK£55.8b | UK£57.9b | UK£1.6b | 13.1x | 35.8x | 1x |
| Mon, 05 Jan 2026 | UK£60.1b | UK£58.2b | UK£1.6b | 13.4x | 38x | 1x |
| Wed, 03 Dec 2025 | UK£59.8b | UK£58.9b | UK£1.6b | 16.2x | 36.2x | 1x |
| Fri, 31 Oct 2025 | UK£63.9b | UK£57.2b | UK£1.3b | 16.1x | 48.9x | 1.1x |
| Sun, 28 Sep 2025 | UK£68.0b | UK£58.6b | UK£1.3b | 15.9x | 53.3x | 1.2x |
| Tue, 26 Aug 2025 | UK£70.0b | UK£58.4b | UK£1.3b | 17.2x | 54.3x | 1.2x |
| Thu, 24 Jul 2025 | UK£72.2b | UK£58.0b | UK£1.4b | 17.3x | 51.3x | 1.2x |
| Sat, 21 Jun 2025 | UK£67.2b | UK£58.3b | UK£1.4b | 18.8x | 47.5x | 1.2x |
| Mon, 19 May 2025 | UK£69.2b | UK£58.5b | UK£1.5b | 18x | 47.4x | 1.2x |
| Wed, 16 Apr 2025 | UK£65.4b | UK£57.3b | UK£1.3b | 17.8x | 48.7x | 1.1x |
| Fri, 14 Mar 2025 | UK£66.9b | UK£58.6b | UK£1.6b | 14.8x | 41.1x | 1.1x |
| Sun, 09 Feb 2025 | UK£71.9b | UK£60.1b | UK£1.7b | 15.7x | 42.6x | 1.2x |
| Tue, 07 Jan 2025 | UK£71.1b | UK£59.7b | UK£1.7b | 20.7x | 43x | 1.2x |
| Thu, 05 Dec 2024 | UK£74.2b | UK£59.3b | UK£1.6b | 18.3x | 45.2x | 1.3x |
| Sat, 02 Nov 2024 | UK£69.7b | UK£57.9b | UK£1.7b | 23.2x | 40.9x | 1.2x |
| Mon, 30 Sep 2024 | UK£69.6b | UK£56.8b | UK£1.7b | 23.2x | 41x | 1.2x |
| Wed, 28 Aug 2024 | UK£66.7b | UK£57.0b | UK£1.7b | 23.4x | 39.2x | 1.2x |
| Fri, 26 Jul 2024 | UK£64.5b | UK£57.8b | UK£1.2b | 21.3x | 53x | 1.1x |
| Sun, 23 Jun 2024 | UK£63.5b | UK£58.3b | UK£1.2b | 21.7x | 51.1x | 1.1x |
| Tue, 21 May 2024 | UK£93.8b | UK£67.4b | UK£169.1m | 21.8x | 554.7x | 1.4x |
| Thu, 18 Apr 2024 | UK£88.7b | UK£65.8b | UK£81.5m | 21.1x | 1088.2x | 1.3x |
| Sat, 16 Mar 2024 | UK£94.3b | UK£65.3b | UK£898.1m | 20.8x | 105x | 1.4x |
| Mon, 12 Feb 2024 | UK£96.6b | UK£65.0b | UK£1.1b | 21.7x | 86.8x | 1.5x |
| Wed, 10 Jan 2024 | UK£89.9b | UK£66.2b | UK£980.7m | 21.3x | 91.6x | 1.4x |
| Fri, 08 Dec 2023 | UK£85.7b | UK£66.2b | UK£982.5m | 22.1x | 87.2x | 1.3x |
| Sun, 05 Nov 2023 | UK£87.3b | UK£64.3b | UK£1.0b | 20.3x | 83.3x | 1.4x |
| Tue, 03 Oct 2023 | UK£86.3b | UK£64.0b | UK£997.3m | 23.4x | 86.6x | 1.3x |
| Thu, 31 Aug 2023 | UK£90.0b | UK£63.7b | UK£1.0b | 23.8x | 88.3x | 1.4x |
| Sat, 29 Jul 2023 | UK£94.3b | UK£61.8b | UK£1.2b | 24.6x | 79.4x | 1.5x |
| Mon, 26 Jun 2023 | UK£95.2b | UK£61.8b | UK£1.2b | 21.2x | 79.8x | 1.5x |
79.8x
Which industries have driven the changes within the U.K. Consumer Discretionary industry?
| GB Market | 0.86% | |
| Consumer Discretionary | 1.12% | |
| Hospitality | -0.076% | |
| Hotels, Resorts and Cruise Lines | 3.08% | |
| Restaurants | 0.26% | |
| Leisure Facilities | -0.89% | |
| Casinos and Gaming | -6.18% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IHG InterContinental Hotels Group | US$171.20 | 6.7% +US$1.6b | 57.7% | PE33.7x | |
| SSPG SSP Group | UK£1.85 | 13.9% +UK£173.3m | 13.9% | PS0.4x | |
| WTB Whitbread | UK£24.12 | 4.1% +UK£157.1m | -12.5% | PE18.9x | |
| OTB On the Beach Group | UK£1.74 | 11.9% +UK£26.7m | -34.0% | PE13.7x | |
| YNGA Young's Brewery | UK£8.50 | 4.9% +UK£24.3m | -12.5% | PE18.5x |