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
Tue, 21 Jul 2026	HK$1.2t	HK$927.6b	-HK$1,432,468,638.85	14.6x	-854.7x	1.3x
Thu, 18 Jun 2026	HK$1.2t	HK$928.9b	-HK$1,730,289,163.35	16x	-678.5x	1.3x
Sat, 16 May 2026	HK$1.3t	HK$917.4b	HK$17.9b	16.2x	72.6x	1.4x
Mon, 13 Apr 2026	HK$1.4t	HK$915.6b	HK$17.9b	15.9x	76.6x	1.5x
Wed, 11 Mar 2026	HK$1.3t	HK$857.4b	HK$31.2b	15.4x	42.4x	1.5x
Fri, 06 Feb 2026	HK$1.5t	HK$844.8b	HK$30.5b	17.3x	48.8x	1.8x
Sun, 04 Jan 2026	HK$1.5t	HK$838.6b	HK$30.3b	16x	50.5x	1.8x
Tue, 02 Dec 2025	HK$1.5t	HK$830.6b	HK$30.0b	16.7x	50.9x	1.8x
Thu, 30 Oct 2025	HK$1.5t	HK$824.8b	HK$64.2b	17.3x	23.5x	1.8x
Sat, 27 Sep 2025	HK$1.4t	HK$822.4b	HK$64.1b	15.9x	22.5x	1.7x
Mon, 25 Aug 2025	HK$1.7t	HK$805.1b	HK$72.6b	18x	23x	2.1x
Wed, 23 Jul 2025	HK$1.7t	HK$809.9b	HK$72.5b	18.6x	23.8x	2.1x
Fri, 20 Jun 2025	HK$1.6t	HK$809.2b	HK$72.5b	15.2x	22.4x	2x
Sun, 18 May 2025	HK$1.7t	HK$790.0b	HK$66.5b	15.2x	25x	2.1x
Tue, 15 Apr 2025	HK$1.7t	HK$771.0b	HK$64.5b	14.8x	25.7x	2.1x
Thu, 13 Mar 2025	HK$1.8t	HK$775.6b	HK$62.6b	19.7x	29.3x	2.4x
Sat, 08 Feb 2025	HK$1.4t	HK$679.5b	HK$47.2b	16.7x	29.2x	2x
Mon, 06 Jan 2025	HK$1.4t	HK$676.5b	HK$46.9b	16.8x	29.7x	2.1x
Wed, 04 Dec 2024	HK$1.5t	HK$674.5b	HK$46.6b	17x	31.5x	2.2x
Fri, 01 Nov 2024	HK$1.6t	HK$664.4b	HK$37.1b	16.4x	42.4x	2.4x
Sun, 29 Sep 2024	HK$1.5t	HK$672.9b	HK$35.5b	15.9x	42x	2.2x
Tue, 27 Aug 2024	HK$1.1t	HK$639.1b	HK$30.0b	11.7x	35.8x	1.7x
Thu, 25 Jul 2024	HK$1.1t	HK$617.9b	HK$29.3b	12.9x	39x	1.8x
Sat, 22 Jun 2024	HK$1.2t	HK$618.0b	HK$31.2b	13.2x	39x	2x
Mon, 20 May 2024	HK$1.3t	HK$602.4b	HK$29.0b	13.9x	46.4x	2.2x
Wed, 17 Apr 2024	HK$1.1t	HK$597.1b	HK$28.0b	13.6x	40.8x	1.9x
Fri, 15 Mar 2024	HK$1.1t	HK$551.0b	HK$18.9b	13.3x	57.6x	2x
Sun, 11 Feb 2024	HK$894.9b	HK$527.9b	HK$7.7b	11.3x	116.9x	1.7x
Tue, 09 Jan 2024	HK$953.5b	HK$527.3b	HK$7.5b	12x	126.8x	1.8x
Thu, 07 Dec 2023	HK$1.0t	HK$512.2b	HK$4.9b	14.5x	213x	2x
Sat, 04 Nov 2023	HK$1.2t	HK$501.9b	HK$4.0b	14.6x	312.2x	2.5x
Mon, 02 Oct 2023	HK$1.3t	HK$502.8b	HK$4.0b	16x	331.3x	2.6x
Wed, 30 Aug 2023	HK$1.5t	HK$486.5b	-HK$6,066,562,921.00	14.7x	-248.5x	3.1x
Fri, 28 Jul 2023	HK$1.5t	HK$450.7b	-HK$19,748,627,428.00	16.1x	-77.4x	3.4x

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 1.3x.

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	3.06%
Consumer Discretionary	4.43%
Hospitality	6.48%
Restaurants	8.73%
Hotels, Resorts and Cruise Lines	4.41%
Casinos and Gaming	2.09%
Leisure Facilities	-0.78%

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 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 10% 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
3690 Meituan	HK$85.20	7.6% +HK$37.0b	-34.0%	PS1.2x
6862 Haidilao International Holding	HK$11.75	5.4% +HK$3.3b	-18.2%	PE14x
27 Galaxy Entertainment Group	HK$31.68	1.9% +HK$2.5b	-14.4%	PE13x
1928 Sands China	HK$13.46	2.1% +HK$2.3b	-26.7%	PE15.5x
780 Tongcheng Travel Holdings	HK$13.16	5.9% +HK$1.7b	-39.6%	PE10.6x

TravelSky Technology Limited Approves Final Cash Dividend for the Year Ended December 31, 2025

TravelSky Technology Limited at its Annual General Meeting held on June 26, 2026, approved a final cash dividend for the year ended 31 December 2025 amounting to RMB 0.276 per Share (tax inclusive) to the Shareholders. The register of members of the Company for H Shares and Domestic Shares will be closed from 7 July 2026 to 10 July 2026 (both days inclusive). Holders of the H Shares and Domestic Shares whose names appeared on the register of members of the Company at the close of business on 10 July 2026 are entitled to receive the 2025 Dividend. Details of the arrangements for the payment of the 2025 Dividend to the Shareholders are set out as follows: The 2025 Dividend to be distributed to the H Shareholders will be paid in Hong Kong dollars. The exchange rate for calculating such dividend shall be based on the average of the median exchange rates of RMB against Hong Kong dollars as quoted by the People's Bank of China one calendar week preceding the date on which the dividend is declared (i.e. 26 June 2026). The amount of the 2025 Dividend payable per H Share is HKD 0.31734 (before tax). The Company has appointed Bank of China (Hong Kong) Limited as the receiving agent (the "Receiving Agent") in Hong Kong and will pay to the Receiving Agent the 2025 Dividend declared in respect of the H Shares, and the Receiving Agent will hold the dividend pending distribution to the relevant H Shareholders in a fiduciary capacity. Such 2025 Dividend (after deduction of applicable tax) will be paid by the Receiving Agent, and the relevant cheques will be dispatched by Computershare Hong Kong Investor Services Limited to the H Shareholders whose names appeared on the register of members of the Company at the close of business on 10 July 2026 by ordinary post at their own risk on or around 24 September 2026. From 24 September 2026, the Domestic Shareholders may contact the Company to collect the 2025 Dividend. Domestic Shareholders should carry out relevant taxation matters (if any) on their own in accordance with the PRC laws and regulations applicable to them. Shareholders are recommended to consult their tax advisers regarding Chinese mainland, Hong Kong and other tax implications arising from their holding and disposal of H Shares of the Company.

Hong Kong (HSI) Hospitality Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 19%

Upcoming dividend of HK$0.25 per share

New minor risk - Market cap size

Price target decreased by 8.0% to HK$2.23

Co-Founder recently sold HK$3.2m worth of stock

Tongcheng Travel Holdings Limited Announces Board and Committee Changes, Effective July 10, 2026

Now 22% overvalued

Helens International Holdings Company Limited Announces Executive Changes, Effective July 1, 2026

Galaxy Entertainment Group Limited Announces Change of Company Secretary, Effective July 1, 2026

TravelSky Technology Limited Approves Final Cash Dividend for the Year Ended December 31, 2025

Insufficient new directors

MIXUE Group, Annual General Meeting, Jun 26, 2026

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

Upcoming dividend of HK$0.50 per share

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

Xiaocaiyuan International Holding Ltd. Declares Final Dividend for the Year Ended December 31, 2025, Payable on May 11, 2026