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Hong Kong (HSI) Hospitality Industry Analysis
UpdatedAug 27, 2026
DataAggregated Company Financials
Companies88
- 7D-3.6%
- 3M1.8%
- 1Y-30.1%
- YTD-23.6%
Over the last 7 days, the Hospitality industry has dropped 3.6%, driven by Meituan declining 10%. In contrast, MIXUE Group has gained 13%. The industry has fallen 33% in the last year. Earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the Hong Kong Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | HK$1.2t | HK$938.9b | -HK$1,600,773,768.64 | 14.9x | -756x | 1.3x |
| Sat, 25 Jul 2026 | HK$1.2t | HK$927.4b | -HK$1,426,796,305.23 | 14.8x | -857x | 1.3x |
| Mon, 22 Jun 2026 | HK$1.1t | HK$928.0b | -HK$1,654,588,393.93 | 16x | -691.5x | 1.2x |
| Wed, 20 May 2026 | HK$1.3t | HK$917.8b | HK$17.9b | 16.3x | 72.1x | 1.4x |
| Fri, 17 Apr 2026 | HK$1.4t | HK$915.7b | HK$17.9b | 16.7x | 77.5x | 1.5x |
| Sun, 15 Mar 2026 | HK$1.3t | HK$855.7b | HK$31.2b | 15x | 41.4x | 1.5x |
| Tue, 10 Feb 2026 | HK$1.5t | HK$846.6b | HK$30.5b | 17.5x | 48.8x | 1.8x |
| Thu, 08 Jan 2026 | HK$1.5t | HK$837.2b | HK$30.2b | 15.9x | 50.8x | 1.8x |
| Sat, 06 Dec 2025 | HK$1.5t | HK$831.9b | HK$30.0b | 16.9x | 50.6x | 1.8x |
| Mon, 03 Nov 2025 | HK$1.5t | HK$823.1b | HK$64.1b | 17.1x | 23.6x | 1.8x |
| Wed, 01 Oct 2025 | HK$1.5t | HK$824.2b | HK$64.2b | 16x | 23.1x | 1.8x |
| Fri, 29 Aug 2025 | HK$1.5t | HK$822.7b | HK$65.0b | 16.9x | 22.3x | 1.8x |
| Sun, 27 Jul 2025 | HK$1.7t | HK$810.4b | HK$72.6b | 18.6x | 23.8x | 2.1x |
| Tue, 24 Jun 2025 | HK$1.7t | HK$808.9b | HK$72.5b | 15.4x | 23x | 2.1x |
| Thu, 22 May 2025 | HK$1.7t | HK$791.7b | HK$66.8b | 15x | 25.8x | 2.2x |
| Sat, 19 Apr 2025 | HK$1.6t | HK$772.5b | HK$64.6b | 14.6x | 24.8x | 2.1x |
| Mon, 17 Mar 2025 | HK$1.9t | HK$776.2b | HK$62.5b | 19.1x | 30x | 2.4x |
| Wed, 12 Feb 2025 | HK$1.4t | HK$687.7b | HK$48.4b | 16.6x | 29.6x | 2.1x |
| Fri, 10 Jan 2025 | HK$1.3t | HK$675.8b | HK$46.8b | 16.6x | 28.4x | 2x |
| Sun, 08 Dec 2024 | HK$1.5t | HK$675.3b | HK$46.7b | 16.9x | 31.1x | 2.2x |
| Tue, 05 Nov 2024 | HK$1.6t | HK$665.8b | HK$37.3b | 15.4x | 42.8x | 2.4x |
| Thu, 03 Oct 2024 | HK$1.6t | HK$672.5b | HK$35.5b | 16x | 44.1x | 2.3x |
| Sat, 31 Aug 2024 | HK$1.1t | HK$664.1b | HK$34.8b | 14.4x | 32.7x | 1.7x |
| Mon, 29 Jul 2024 | HK$1.1t | HK$619.5b | HK$29.4b | 12.3x | 37.3x | 1.8x |
| Wed, 26 Jun 2024 | HK$1.2t | HK$618.1b | HK$31.2b | 13.4x | 39x | 2x |
| Fri, 24 May 2024 | HK$1.3t | HK$603.1b | HK$29.0b | 14.2x | 44.5x | 2.1x |
| Sun, 21 Apr 2024 | HK$1.1t | HK$597.0b | HK$28.0b | 13.5x | 38x | 1.8x |
| Tue, 19 Mar 2024 | HK$1.1t | HK$551.6b | HK$17.7b | 15.6x | 60.1x | 1.9x |
| Thu, 15 Feb 2024 | HK$927.4b | HK$526.3b | HK$7.6b | 11.6x | 122.2x | 1.8x |
| Sat, 13 Jan 2024 | HK$963.8b | HK$527.6b | HK$7.5b | 12.3x | 127.8x | 1.8x |
| Mon, 11 Dec 2023 | HK$1.0t | HK$511.9b | HK$4.9b | 13.4x | 214.1x | 2x |
| Wed, 08 Nov 2023 | HK$1.3t | HK$503.1b | HK$4.0b | 14.7x | 316.4x | 2.5x |
| Fri, 06 Oct 2023 | HK$1.3t | HK$502.7b | HK$4.0b | 15x | 331.6x | 2.6x |
| Sun, 03 Sep 2023 | HK$1.4t | HK$505.8b | HK$3.9b | 18.2x | 373.7x | 2.9x |
Price to Earnings Ratio
373.7x
Current Industry PE
- Investors are pessimistic on the Hong Kong Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Hospitality industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 23% 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 Hong Kong Consumer Discretionary industry?
| HK Market | 2.06% | |
| Consumer Discretionary | 1.18% | |
| Hospitality | -3.63% | |
| Hotels, Resorts and Cruise Lines | -0.84% | |
| Casinos and Gaming | -1.10% | |
| Restaurants | -4.96% | |
| Leisure Facilities | -20.86% | |
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 10.0%, which is higher than its past year's earnings decline of 7.5% 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 Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 10.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2097 MIXUE Group | HK$248.60 | 12.7% +HK$10.6b | -46.0% | PE13.7x | |
| 6862 Haidilao International Holding | HK$12.25 | 6.7% +HK$4.3b | -12.7% | PE14.4x | |
| 696 TravelSky Technology | HK$8.82 | 6.7% +HK$1.6b | -18.7% | PE9.1x | |
| 1364 Guming Holdings | HK$25.18 | 2.7% +HK$1.6b | 11.4% | PE16.5x | |
| 45 Hongkong and Shanghai Hotels | HK$5.65 | 7.8% +HK$683.4m | -3.4% | PE14.9x |