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U.K. (FTSE) Hospitality Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies34
  • 7D-3.8%
  • 3M7.4%
  • 1Y-8.8%
  • YTD-2.1%

Over the last 7 days, the Hospitality industry has dropped 3.8%, driven by Compass Group declining 4.3%. Overall the industry is down 8.8% in 12 months. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026UK£72.9bUK£73.0bUK£2.1b16.3x35.3x1x
Fri, 22 May 2026UK£71.5bUK£72.8bUK£2.0b15.5x35x1x
Sun, 19 Apr 2026UK£68.3bUK£70.3bUK£1.9b14.7x36.3x1x
Tue, 17 Mar 2026UK£56.9bUK£59.0bUK£1.5b14.7x39.2x1x
Thu, 12 Feb 2026UK£54.5bUK£57.7bUK£1.6b13.3x35x0.9x
Sat, 10 Jan 2026UK£60.5bUK£58.3bUK£1.6b13.5x38.1x1x
Mon, 08 Dec 2025UK£64.0bUK£58.5bUK£1.6b16.7x40.3x1.1x
Wed, 05 Nov 2025UK£63.1bUK£57.4bUK£1.3b15.9x48x1.1x
Fri, 03 Oct 2025UK£65.2bUK£56.4bUK£1.3b16x50.1x1.2x
Sun, 31 Aug 2025UK£67.6bUK£58.4bUK£1.3b17.1x52.7x1.2x
Tue, 29 Jul 2025UK£71.3bUK£58.5bUK£1.4b18.9x50x1.2x
Thu, 26 Jun 2025UK£67.0bUK£57.8bUK£1.4b16.9x47.9x1.2x
Sat, 24 May 2025UK£69.9bUK£58.0bUK£1.4b17.7x49.6x1.2x
Mon, 21 Apr 2025UK£65.5bUK£57.1bUK£1.3b18x49x1.1x
Wed, 19 Mar 2025UK£67.2bUK£58.5bUK£1.6b14.9x42.8x1.1x
Fri, 14 Feb 2025UK£72.4bUK£59.6bUK£1.7b15.7x43.2x1.2x
Sun, 12 Jan 2025UK£70.1bUK£60.6bUK£1.7b18.3x41.6x1.2x
Tue, 10 Dec 2024UK£73.2bUK£59.1bUK£1.6b19.8x44.7x1.2x
Thu, 07 Nov 2024UK£71.2bUK£58.0bUK£1.7b23.2x41.7x1.2x
Sat, 05 Oct 2024UK£68.1bUK£57.3bUK£1.7b22.2x39x1.2x
Mon, 02 Sep 2024UK£67.1bUK£57.3bUK£1.7b23.5x39.1x1.2x
Wed, 31 Jul 2024UK£65.6bUK£57.8bUK£1.2b21.8x53.5x1.1x
Fri, 28 Jun 2024UK£62.1bUK£58.3bUK£1.2b21.5x50x1.1x
Sun, 26 May 2024UK£92.4bUK£67.6bUK£215.9m22.4x428.1x1.4x
Tue, 23 Apr 2024UK£90.1bUK£65.9bUK£75.6m21.8x1191.8x1.4x
Thu, 21 Mar 2024UK£92.8bUK£65.3bUK£897.3m20.2x103.5x1.4x
Sat, 17 Feb 2024UK£95.5bUK£65.1bUK£1.1b21.4x85.8x1.5x
Mon, 15 Jan 2024UK£89.1bUK£66.2bUK£980.7m21.6x90.8x1.3x
Wed, 13 Dec 2023UK£86.2bUK£66.2bUK£982.4m22.4x87.8x1.3x
Fri, 10 Nov 2023UK£83.4bUK£64.3bUK£1.0b20.2x79.5x1.3x
Sun, 08 Oct 2023UK£85.5bUK£64.0bUK£988.4m22.4x86.5x1.3x
Tue, 05 Sep 2023UK£89.7bUK£63.8bUK£1.0b20.3x85.8x1.4x
Thu, 03 Aug 2023UK£92.2bUK£61.9bUK£1.2b24x76.7x1.5x
Sat, 01 Jul 2023UK£97.0bUK£61.8bUK£1.2b21.5x81.5x1.6x
Price to Earnings Ratio

81.5x


Total Market Cap: UK£97.0bTotal Earnings: UK£1.2bTotal Revenue: UK£61.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Hospitality Industry Price to Earnings3Y Average 103.1x202420252026
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 35.3x which is lower than its 3-year average PE of 103x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Market-1.14%
Consumer Discretionary-2.21%
Hospitality-3.76%
Hotels, Resorts and Cruise Lines-1.75%
Leisure Facilities-2.40%
Restaurants-3.76%
Casinos and Gaming-6.17%
Industry PE
  • Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 32.7x.
    • Analysts are expecting annual earnings growth of 12.0%, which is lower than the prior year's growth of 19.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 81% 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
WTB WhitbreadUK£24.592.0%
+UK£80.2m		-11.2%PE19.3x
SSPG SSP GroupUK£1.842.7%
+UK£37.7m		8.8%PS0.4x
IHG InterContinental Hotels GroupUS$169.700.1%
+US$29.7m		48.6%PE33.3x
FSTA Fuller Smith & TurnerUK£7.225.9%
+UK£21.1m		22.4%PE17.9x
JDW J D WetherspoonUK£6.691.6%
+UK£10.9m		-11.9%PE12.6x

Latest News

ENT
UK£5.56
Entain
7D
-6.5%
1Y
-34.5%
FSTA
UK£7.22
Fuller Smith & Turner
7D
5.9%
1Y
22.4%
CPG
US$31.98
Compass Group
7D
-4.3%
1Y
-5.3%
Narrative Update • Jun 22

CPG: BNP Upgrade And Premium P/E Will Drive Future Upside

Analysts have nudged their price target for Compass Group slightly higher to $38.30 from $38.28, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E following recent research, including a BNP Paribas upgrade. What's in the News for Compass Group Recent research on Compass Group includes updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E.
PPH
UK£16.44
PPHE Hotel Group
7D
-18.0%
1Y
4.1%
Narrative Update • Jun 22

PPH: Freehold Purchase And Higher Margins Will Support Future Upside Potential

Analysts have nudged their price target for PPHE Hotel Group to £20.50 per share, a slight adjustment that reflects updated assumptions for revenue trends, profit margins, a higher future P/E multiple and a modestly lower discount rate. What’s in the News for PPHE Hotel Group Fattal Hotels cancelled its proposed acquisition of the remaining 96.03% stake in PPHE Hotel Group on June 19, 2026, ending an offer that had been valued at £880 million, or £22 per share, subject to conditions.
IHG
US$169.70
InterContinental Hotels Group
7D
0.1%
1Y
48.6%
Narrative Update • Jun 22

IHG: Future Returns Will Depend On Net Unit Growth And Conversions

InterContinental Hotels Group's analyst price target has been raised, with recent moves such as Goldman Sachs lifting its view to $188 from $165 and Bernstein moving to $154 from $141. Analysts point to stronger net unit growth, a deeper pipeline, and improving conversion trends as key supports for the updated fair value of $155.18.
WTB
UK£24.59
Whitbread
7D
2.0%
1Y
-11.2%
Narrative Update • Jun 18

WTB: Trading Momentum And P E Reset Will Drive Future Upside

Whitbread's analyst price target has been trimmed by £1.41 to £36.52, as analysts adjust fair value and profit margin assumptions while also expecting different future P/E and revenue growth inputs compared with previous estimates. Analyst Commentary Recent research on Whitbread highlights a mix of caution and optimism, with several price target revisions reflecting updated assumptions on valuation multiples and profit margins.
THW
UK£1.05
Daniel Thwaites
7D
20.0%
1Y
36.4%
XPF
UK£0.19
XP Factory
7D
6.3%
1Y
48.1%
PTEC
UK£3.08
Playtech
7D
-7.6%
1Y
-13.7%
Narrative Update • Jun 11

PTEC: Future Upside Will Rely On Repriced Earnings Power And Buyback Execution

Analysts have lifted the fair value estimate for Playtech from £6.90 to about £7.59, reflecting a series of recent price target increases. These include Deutsche Bank's move to £4.60 and other upward revisions from Jefferies and Citi, supported by updated views on discount rates, revenue growth, profit margins and future P/E assumptions.
JDW
UK£6.69
J D Wetherspoon
7D
1.6%
1Y
-11.9%
Analysis Article • Jun 11

Is It Time To Consider Buying J D Wetherspoon plc (LON:JDW)?

J D Wetherspoon plc ( LON:JDW ), might not be a large cap stock, but it saw a decent share price growth of 17% on the...
GRG
UK£16.00
Greggs
7D
-3.1%
1Y
-17.9%
TRN
UK£2.13
Trainline
7D
-3.5%
1Y
-23.0%
Narrative Update • Jun 08

TRN: Share Buyback And 2027 Guidance May Support Further Upside Potential

Trainline’s updated analyst price target has moved closer to £3.51, with recent Street research showing mixed target adjustments between £2.35 and £3.50 as analysts refine their views on growth, profitability and appropriate P/E levels. Analyst Commentary Recent research on Trainline highlights a split in views on how much upside is left at current levels, with several firms adjusting targets in a relatively tight band between £2.35 and £3.50.
WVIA
UK£2.40
Winvia Entertainment
7D
-5.9%
1Y
n/a
YNGA
UK£8.43
Young's Brewery
7D
0.4%
1Y
-12.2%
MAB
UK£2.39
Mitchells & Butlers
7D
-1.2%
1Y
-15.8%
SSPG
UK£1.84
SSP Group
7D
2.7%
1Y
8.8%