Hong Kong (HSI) Hospitality Industry Analysis

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
Sun, 28 Jun 2026	HK$1.1t	HK$925.7b	-HK$1,555,385,863.32	15x	-685.4x	1.2x
Tue, 26 May 2026	HK$1.3t	HK$920.3b	HK$17.9b	15.3x	69.9x	1.4x
Thu, 23 Apr 2026	HK$1.4t	HK$915.9b	HK$17.9b	17x	75.8x	1.5x
Sat, 21 Mar 2026	HK$1.3t	HK$856.0b	HK$32.3b	15x	40.5x	1.5x
Mon, 16 Feb 2026	HK$1.4t	HK$851.5b	HK$30.4b	17.3x	46.7x	1.7x
Wed, 14 Jan 2026	HK$1.5t	HK$841.0b	HK$30.3b	16.6x	50.5x	1.8x
Fri, 12 Dec 2025	HK$1.5t	HK$832.6b	HK$30.1b	16.4x	50.1x	1.8x
Sun, 09 Nov 2025	HK$1.5t	HK$823.3b	HK$64.1b	16.6x	23.4x	1.8x
Tue, 07 Oct 2025	HK$1.5t	HK$824.2b	HK$64.2b	16.2x	22.7x	1.8x
Thu, 04 Sep 2025	HK$1.4t	HK$824.0b	HK$64.2b	16.5x	22.3x	1.7x
Sat, 02 Aug 2025	HK$1.7t	HK$806.9b	HK$72.2b	18x	22.9x	2.1x
Mon, 30 Jun 2025	HK$1.7t	HK$810.4b	HK$72.5b	17.4x	23.2x	2.1x
Wed, 28 May 2025	HK$1.7t	HK$808.1b	HK$72.4b	15.2x	23.7x	2.1x
Fri, 25 Apr 2025	HK$1.6t	HK$773.0b	HK$64.7b	14.2x	24.2x	2x
Sun, 23 Mar 2025	HK$1.8t	HK$773.5b	HK$66.4b	17.9x	27.4x	2.4x
Tue, 18 Feb 2025	HK$1.5t	HK$689.8b	HK$48.5b	16.6x	30.9x	2.2x
Thu, 16 Jan 2025	HK$1.3t	HK$676.3b	HK$46.9b	16.1x	28.1x	1.9x
Sat, 14 Dec 2024	HK$1.5t	HK$674.5b	HK$46.6b	17.4x	31.5x	2.2x
Mon, 11 Nov 2024	HK$1.6t	HK$660.3b	HK$36.9b	16.8x	44.6x	2.5x
Wed, 09 Oct 2024	HK$1.6t	HK$670.0b	HK$35.2b	17.5x	45.1x	2.4x
Fri, 06 Sep 2024	HK$1.1t	HK$668.7b	HK$35.3b	14.6x	32.5x	1.7x
Sun, 04 Aug 2024	HK$1.1t	HK$624.7b	HK$29.5b	12.7x	35.7x	1.7x
Tue, 02 Jul 2024	HK$1.2t	HK$618.3b	HK$29.3b	13.8x	39.9x	1.9x
Thu, 30 May 2024	HK$1.2t	HK$603.0b	HK$29.1b	13.9x	42.4x	2x
Sat, 27 Apr 2024	HK$1.2t	HK$602.4b	HK$29.2b	14.2x	42.7x	2.1x
Mon, 25 Mar 2024	HK$1.1t	HK$573.8b	HK$23.3b	12.8x	45.2x	1.8x
Wed, 21 Feb 2024	HK$953.8b	HK$526.1b	HK$7.9b	10.7x	121x	1.8x
Fri, 19 Jan 2024	HK$904.2b	HK$526.0b	HK$7.5b	11.5x	121x	1.7x
Sun, 17 Dec 2023	HK$1.0t	HK$529.5b	HK$7.6b	12.2x	136.6x	2x
Tue, 14 Nov 2023	HK$1.2t	HK$502.1b	HK$4.0b	14.1x	307.3x	2.4x
Thu, 12 Oct 2023	HK$1.3t	HK$502.2b	HK$4.0b	14.9x	333.7x	2.6x
Sat, 09 Sep 2023	HK$1.4t	HK$501.2b	HK$3.7b	17.8x	381.4x	2.8x
Mon, 07 Aug 2023	HK$1.6t	HK$450.7b	-HK$19,791,035,844.00	16.3x	-80x	3.5x
Wed, 05 Jul 2023	HK$1.4t	HK$448.3b	-HK$20,020,508,052.00	16.8x	-71.7x	3.2x

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 2.0x is higher than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the Hospitality industry have improved over the last three years.
Revenues for these companies have grown 27% per year.
This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

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


HK Market	-4.71%
Consumer Discretionary	-7.22%
Hospitality	-6.83%
Hotels, Resorts and Cruise Lines	-4.39%
Casinos and Gaming	-4.71%
Leisure Facilities	-5.10%
Restaurants	-8.14%

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 14.1%, which is higher than its past year's earnings decline of 14.8% 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 11% 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
1488 Best Food Holding	HK$0.83	10.7% +HK$126.3m	-17.0%	PS2.8x
1180 Paradise Entertainment	HK$0.77	5.5% +HK$42.1m	-1.3%	PE74.2x
9869 Helens International Holdings	HK$1.58	1.9% +HK$36.2m	17.0%	PE48.7x
52 Fairwood Holdings	HK$4.45	6.2% +HK$33.7m	-18.2%	PE17.3x
8237 Link Holdings	HK$1.11	15.6% +HK$30.2m	602.5%	PS16.8x

Link Holdings Limited Announces Appointment of Leung Kai as an Independent Non-Executive Director and as A Member of Audit Committee and Remuneration Committee, Effective June 8, 2026

Link Holdings Limited announced that Mr. Leung Kai Ho had been appointed as an independent non-executive Director of the Company with effect from June 8, 2026. Mr. Leung, aged 38, obtained a Bachelor of Business Administration with a concentration in Finance from The Hong Kong Shue Yan University in Hong Kong in 2010. He had over 14 years of experience in administration, operations support and customer service. Mr. Leung had been a manager of Exceed Consulting Limited, a recruitment agency principally engaged in placement, payroll and field fill services, since February 2024. He was a hotline customer service supervisor at HKetoll (Kowloon Bay) from February 2023 to September 2023, where he assisted in handling and following up customers’ requests and enquiries and was involved in preparation, analysis and follow-up actions for improvement projects. From March 2017 to October 2022, Mr. Leung served as an operation officer at Autosec Hong Kong Limited, where he provided administrative support to operational tasks and handled general documentation and clerical work, including data input, documentation handling and follow-up of work orders. Prior to that, he worked as an officer at WL Technology Global Limited from April 2012 to January 2017, where he was responsible for providing administrative support to operational functions. Mr. Leung had entered into a letter of appointment with the Company in relation to his appointment for an initial term of three years commencing from June 8, 2026, which may be terminated by not less than one month’s prior notice in writing served by either party on the other. Mr. Leung had been appointed as a member of each of the audit committee and remuneration committee of the Company with effect from June 8, 2026. Following the appointment of Mr. Leung, the number of independent non-executive Directors met the minimum of three independent non-executive Directors on the Board required under Rule 5.05(1) of the GEM Listing Rules; the number of independent non-executive Directors represented one-third of the Board as required under Rule 5.05A of the GEM Listing Rules; and the number of Audit Committee members met the minimum of three as required under Rule 5.28 of the GEM Listing Rules. The members of the Remuneration Committee met the minimum number of three as required.

Hong Kong (HSI) Hospitality Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Meituan Announces Board and Committee Changes

New minor risk - Share price stability

780: Upcoming First Quarter Update Will Underpin Future Upside Potential

New minor risk - Share price stability

Upcoming dividend of CN¥1.00 per share

Fairwood Holdings Limited to Report Fiscal Year 2026 Results on Jun 30, 2026

New major risk - Share price stability

Link Holdings Limited Announces Appointment of Leung Kai as an Independent Non-Executive Director and as A Member of Audit Committee and Remuneration Committee, Effective June 8, 2026

Insufficient new directors

MIXUE Group, Annual General Meeting, Jun 26, 2026

CEO & Executive Chairman of the Board recently bought HK$152m worth of stock

China Demeter Financial Investments Limited, Annual General Meeting, Jun 29, 2026

Upcoming dividend of HK$0.05 per share

Upcoming dividend of HK$0.80 per share

Upcoming dividend of HK$0.50 per share

Best Food Holding Company Limited, Annual General Meeting, May 28, 2026