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Hong Kong (HSI) Hospitality Industry Analysis

UpdatedMay 29, 2025
DataAggregated Company Financials
Companies88
  • 7D-1.6%
  • 3M-14.1%
  • 1Y1.8%
  • YTD-0.8%

Over the last 7 days, the Hospitality industry has dropped 1.6%, driven by a pullback from Meituan of 4.3%. On the other hand Galaxy Entertainment Group is actually up 6.0%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 May 2025HK$1.7tHK$808.3bHK$72.4b14.9x23.4x2.1x
Sat, 26 Apr 2025HK$1.6tHK$772.8bHK$64.6b14.2x24.3x2x
Mon, 24 Mar 2025HK$1.8tHK$773.5bHK$66.4b17.9x27.4x2.4x
Wed, 19 Feb 2025HK$1.5tHK$688.4bHK$48.4b16.7x31.4x2.2x
Fri, 17 Jan 2025HK$1.3tHK$676.4bHK$46.9b16.3x28.5x2x
Sun, 15 Dec 2024HK$1.5tHK$674.6bHK$46.6b17.3x31.5x2.2x
Tue, 12 Nov 2024HK$1.6tHK$659.0bHK$36.8b16.7x43.5x2.4x
Thu, 10 Oct 2024HK$1.6tHK$668.9bHK$35.1b17.5x45.7x2.4x
Sat, 07 Sep 2024HK$1.1tHK$669.4bHK$35.3b14.6x32.4x1.7x
Mon, 05 Aug 2024HK$1.1tHK$624.7bHK$29.5b12.7x35.7x1.7x
Wed, 03 Jul 2024HK$1.2tHK$618.2bHK$29.3b13.6x39.9x1.9x
Fri, 31 May 2024HK$1.2tHK$604.3bHK$29.1b13.7x41.3x2x
Sun, 28 Apr 2024HK$1.2tHK$602.3bHK$29.2b14.2x42.7x2.1x
Tue, 26 Mar 2024HK$1.1tHK$575.2bHK$23.4b12.8x46.2x1.9x
Thu, 22 Feb 2024HK$981.7bHK$526.4bHK$7.9b11x124.3x1.9x
Sat, 20 Jan 2024HK$892.0bHK$530.2bHK$7.7b11.5x116.6x1.7x
Mon, 18 Dec 2023HK$1.0tHK$529.5bHK$7.6b12.2x136.6x2x
Wed, 15 Nov 2023HK$1.2tHK$502.4bHK$4.0b13.5x301.6x2.4x
Fri, 13 Oct 2023HK$1.3tHK$502.5bHK$4.0b15.2x336.7x2.7x
Sun, 10 Sep 2023HK$1.4tHK$501.2bHK$3.7b17.8x381.3x2.8x
Tue, 08 Aug 2023HK$1.6tHK$449.5b-HK$19,791,445,672.0016.2x-80.5x3.5x
Thu, 06 Jul 2023HK$1.4tHK$446.8b-HK$20,020,163,274.0016.6x-70.2x3.1x
Sat, 03 Jun 2023HK$1.4tHK$455.1b-HK$21,502,172,209.0021.6x-64.8x3.1x
Mon, 01 May 2023HK$1.5tHK$447.4b-HK$32,053,063,728.0017.1x-48.1x3.4x
Wed, 29 Mar 2023HK$1.5tHK$460.9b-HK$37,359,316,418.0017.1x-41.1x3.3x
Fri, 24 Feb 2023HK$664.6bHK$205.7b-HK$25,928,353,442.0021.7x-25.6x3.2x
Sun, 22 Jan 2023HK$716.6bHK$206.3b-HK$27,013,561,199.0023.1x-26.5x3.5x
Tue, 20 Dec 2022HK$633.6bHK$202.8b-HK$26,719,502,145.0019.1x-23.7x3.1x
Thu, 17 Nov 2022HK$580.2bHK$203.4b-HK$27,247,696,198.0019.8x-21.3x2.9x
Sat, 15 Oct 2022HK$512.9bHK$201.8b-HK$27,080,431,256.0018.6x-18.9x2.5x
Mon, 12 Sep 2022HK$557.0bHK$205.0b-HK$26,606,677,916.0020.1x-20.9x2.7x
Wed, 10 Aug 2022HK$735.6bHK$236.3b-HK$37,182,073,321.0026.1x-19.8x3.1x
Fri, 08 Jul 2022HK$759.0bHK$236.7b-HK$37,540,996,452.0023.6x-20.2x3.2x
Sun, 05 Jun 2022HK$692.3bHK$256.9b-HK$36,442,252,416.0021x-19x2.7x
Price to Earnings Ratio

-19x


Total Market Cap: HK$692.3bTotal Earnings: -HK$36,442,252,416.00Total Revenue: HK$256.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Hospitality Industry Price to Earnings3Y Average 37.8x202320242025
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 industry is trading at a PE ratio of 23.4x which is lower than its 3-year average PE of 37.8x.
  • The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.1x.
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 47% 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 Market-0.82%
Consumer Discretionary-4.05%
Hospitality-1.56%
Casinos and Gaming3.35%
Hotels, Resorts and Cruise Lines1.83%
Leisure Facilities-0.083%
Restaurants-3.08%
Industry PE
  • Investors are most optimistic about the Restaurants industry even though it's trading below its 3-year average PE ratio of 120x.
    • Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings growth of 4.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 92% over the next 5 years.
  • In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 14% 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$140.103.0%
+HK$24.6b
28.7%PE19.4x
27 Galaxy Entertainment GroupHK$34.157.2%
+HK$10.1b
-10.6%PE17.1x
780 Tongcheng Travel HoldingsHK$22.8512.8%
+HK$6.0b
27.7%PE21.4x
1928 Sands ChinaHK$15.542.8%
+HK$3.4b
-18.2%PE15.4x
2097 MIXUE GroupHK$541.501.1%
+HK$2.3b
n/aPE42.6x
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1180

HK$1.84

Paradise Entertainment

7D

-5.6%

1Y

106.7%

6811

HK$0.96

Tai Hing Group Holdings

7D

-12.7%

1Y

14.3%

2282

HK$11.26

MGM China Holdings

7D

2.4%

1Y

-20.8%

1928

HK$15.54

Sands China

7D

2.8%

1Y

-18.2%

2097

HK$541.50

MIXUE Group

7D

1.1%

1Y

n/a

6862

HK$15.30

Haidilao International Holding

7D

1.3%

1Y

-14.0%

2255

HK$0.82

Haichang Ocean Park Holdings

7D

-2.4%

1Y

9.3%

3690

HK$140.10

Meituan

7D

3.0%

1Y

28.7%

27

HK$34.15

Galaxy Entertainment Group

7D

7.2%

1Y

-10.6%

3918

HK$3.42

NagaCorp

7D

-5.5%

1Y

-15.6%

1364

HK$25.95

Guming Holdings

7D

-3.7%

1Y

n/a

880

HK$2.34

SJM Holdings

7D

4.0%

1Y

-19.6%

999

HK$8.56

Xiaocaiyuan International Holding

7D

-3.2%

1Y

n/a