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Hong Kong (HSI) Hospitality Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies91
  • 7D3.2%
  • 3M-11.4%
  • 1Y-19.9%
  • YTD-13.4%

The Hospitality industry is up 3.2% in the last week, with Meituan up 9.2%. Meanwhile, Guming Holdings actually underperformed within the industry, shrinking 5.6% in the last week. In contrast, the industry has lost 20% in the last 12 months. As for the next few years, earnings are expected to grow by 36% per annum.

Industry Valuation and Performance

Has the Hong Kong Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026HK$1.4tHK$915.6bHK$17.9b15.9x76.6x1.5x
Tue, 10 Mar 2026HK$1.3tHK$852.9bHK$31.1b15.2x42.2x1.5x
Thu, 05 Feb 2026HK$1.5tHK$844.8bHK$30.5b17.3x47.9x1.7x
Sat, 03 Jan 2026HK$1.5tHK$839.2bHK$30.3b16x50.4x1.8x
Mon, 01 Dec 2025HK$1.5tHK$830.1bHK$29.9b16.6x51.5x1.9x
Wed, 29 Oct 2025HK$1.5tHK$824.6bHK$64.2b17.3x23.5x1.8x
Fri, 26 Sep 2025HK$1.4tHK$823.3bHK$64.1b15.9x22.6x1.8x
Sun, 24 Aug 2025HK$1.7tHK$805.1bHK$72.6b18x23x2.1x
Tue, 22 Jul 2025HK$1.7tHK$809.8bHK$72.5b18.5x23.9x2.1x
Thu, 19 Jun 2025HK$1.7tHK$809.3bHK$72.6b15.3x23.2x2.1x
Sat, 17 May 2025HK$1.7tHK$790.3bHK$66.6b15.2x25x2.1x
Mon, 14 Apr 2025HK$1.6tHK$773.1bHK$64.7b14.5x25.1x2.1x
Wed, 12 Mar 2025HK$1.9tHK$776.2bHK$62.7b19x29.8x2.4x
Fri, 07 Feb 2025HK$1.3tHK$679.2bHK$47.1b16.5x28.6x2x
Sun, 05 Jan 2025HK$1.4tHK$676.5bHK$46.9b16.8x29.7x2.1x
Tue, 03 Dec 2024HK$1.5tHK$675.2bHK$46.6b17x31.7x2.2x
Thu, 31 Oct 2024HK$1.6tHK$664.1bHK$37.1b17x42.5x2.4x
Sat, 28 Sep 2024HK$1.5tHK$673.0bHK$35.5b15.9x42x2.2x
Mon, 26 Aug 2024HK$1.1tHK$638.6bHK$29.9b12x35.5x1.7x
Wed, 24 Jul 2024HK$1.2tHK$617.9bHK$29.3b12.7x40x1.9x
Fri, 21 Jun 2024HK$1.2tHK$618.2bHK$31.2b13.2x39.9x2x
Sun, 19 May 2024HK$1.3tHK$602.4bHK$29.0b13.9x46.4x2.2x
Tue, 16 Apr 2024HK$1.1tHK$596.9bHK$28.0b13.8x40.7x1.9x
Thu, 14 Mar 2024HK$1.1tHK$550.8bHK$18.8b13.4x58x2x
Sat, 10 Feb 2024HK$900.0bHK$526.2bHK$7.6b11.3x118.3x1.7x
Mon, 08 Jan 2024HK$990.1bHK$528.6bHK$7.6b12.2x130.7x1.9x
Wed, 06 Dec 2023HK$1.0tHK$513.4bHK$5.0b14.2x207.7x2x
Fri, 03 Nov 2023HK$1.2tHK$501.7bHK$4.0b14.3x304.9x2.4x
Sun, 01 Oct 2023HK$1.3tHK$502.8bHK$4.0b16x331.3x2.6x
Tue, 29 Aug 2023HK$1.5tHK$482.5b-HK$7,359,873,916.0014.6x-200.9x3.1x
Thu, 27 Jul 2023HK$1.5tHK$450.6b-HK$19,749,089,379.0015.8x-76x3.3x
Sat, 24 Jun 2023HK$1.4tHK$449.3b-HK$21,287,306,816.0018x-66x3.1x
Mon, 22 May 2023HK$1.5tHK$441.3b-HK$31,853,754,597.0018.1x-45.8x3.3x
Wed, 19 Apr 2023HK$1.6tHK$449.4b-HK$32,110,600,590.0017x-48.9x3.5x
Price to Earnings Ratio

-48.9x


Total Market Cap: HK$1.6tTotal Earnings: -HK$32,110,600,590.00Total Revenue: HK$449.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Hospitality Industry Price to Earnings3Y Average 54.7x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Hospitality industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 76.6x which is higher than its 3-year average PE of 54.7x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 27% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Consumer Discretionary industry?

HK Market2.27%
Consumer Discretionary2.91%
Hospitality3.17%
Restaurants5.18%
Leisure Facilities3.84%
Hotels, Resorts and Cruise Lines0.64%
Casinos and Gaming-0.28%
Industry PE
  • Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 14.7%, which is higher than its past year's earnings decline of 11.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 79% over the next 5 years.
  • In contrast, the Casinos and Gaming 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
3690 MeituanHK$87.609.2%
+HK$45.4b
-39.0%PS1.3x
6862 Haidilao International HoldingHK$15.091.8%
+HK$1.5b
-14.9%PE18.1x
3918 NagaCorpHK$4.357.9%
+HK$1.4b
45.5%PE7.9x
1928 Sands ChinaHK$17.210.5%
+HK$728.4m
30.0%PE19.8x
69 Shangri-La AsiaHK$4.582.9%
+HK$462.8m
8.5%PE18.5x

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