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Singaporean (SGX) Hotel and Resort REITs Industry Analysis

UpdatedSep 19, 2025
DataAggregated Company Financials
Companies5
  • 7D1.5%
  • 3M6.0%
  • 1Y0.1%
  • YTD5.7%

In the last week, the Hotel and Resort REITs industry is up 1.2%, with all of the companies up. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Singaporean Hotel and Resort REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Sep 2025S$7.4bS$1.5bS$253.7m35.2x29x5x
Sun, 17 Aug 2025S$7.0bS$1.5bS$253.7m33x27.8x4.8x
Tue, 15 Jul 2025S$7.1bS$1.5bS$282.3m48.6x25.2x4.8x
Thu, 12 Jun 2025S$7.0bS$1.5bS$282.3m46.7x24.7x4.7x
Sat, 10 May 2025S$6.7bS$1.5bS$282.3m46.1x23.8x4.5x
Mon, 07 Apr 2025S$6.7bS$1.5bS$284.4m39.5x23.5x4.5x
Wed, 05 Mar 2025S$6.5bS$1.5bS$284.4m36x22.8x4.4x
Fri, 31 Jan 2025S$6.9bS$1.5bS$376.2m34.6x18.4x4.7x
Sun, 29 Dec 2024S$6.8bS$1.5bS$484.7m12.2x14x4.6x
Tue, 26 Nov 2024S$6.5bS$1.5bS$484.7m12.3x13.5x4.5x
Thu, 24 Oct 2024S$7.0bS$1.5bS$553.5m10.2x12.6x4.8x
Sat, 21 Sep 2024S$7.2bS$1.5bS$553.5m10.5x13x4.9x
Mon, 19 Aug 2024S$6.5bS$1.5bS$553.5m9.9x11.8x4.5x
Wed, 17 Jul 2024S$6.9bS$1.4bS$549.2m10x12.6x4.9x
Fri, 14 Jun 2024S$6.8bS$1.4bS$549.2m9.7x12.5x4.9x
Sun, 12 May 2024S$7.0bS$1.4bS$549.2m9.9x12.7x4.9x
Tue, 09 Apr 2024S$7.1bS$1.4bS$552.0m9.9x12.8x5x
Thu, 07 Mar 2024S$6.9bS$1.4bS$552.0m9.7x12.5x4.9x
Sat, 03 Feb 2024S$7.3bS$1.4bS$611.5m10.4x11.9x5.2x
Mon, 01 Jan 2024S$7.6bS$1.3bS$700.9m10.4x10.8x5.6x
Wed, 29 Nov 2023S$7.2bS$1.3bS$700.9m10.4x10.2x5.3x
Fri, 27 Oct 2023S$6.8bS$1.3bS$681.4m13.3x9.9x5.1x
Sun, 24 Sep 2023S$7.4bS$1.3bS$681.4m13.3x10.8x5.5x
Tue, 22 Aug 2023S$7.3bS$1.3bS$681.4m12.4x10.8x5.5x
Thu, 20 Jul 2023S$7.6bS$1.2bS$710.8m12.5x10.7x6.3x
Sat, 17 Jun 2023S$7.7bS$1.2bS$710.8m12.4x10.9x6.3x
Mon, 15 May 2023S$7.6bS$1.2bS$710.8m12.5x10.6x6.2x
Wed, 12 Apr 2023S$7.4bS$1.2bS$696.7m15.7x10.7x6.2x
Price to Earnings Ratio

10.3x


Total Market Cap: S$7.1bTotal Earnings: S$696.7mTotal Revenue: S$1.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Hotel and Resort REITs Industry Price to Earnings3Y Average 15x20242025
Current Industry PE
  • Investors are optimistic on the Singaporean Hotel and Resort REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 28.9x which is higher than its 3-year average PE of 15.0x.
  • The industry is trading close to its 3-year average PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 29% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.3% 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 Singaporean Real Estate industry?

SG Market-0.32%
Real Estate0.14%
Hotel and Resort REITs1.47%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HMN CapitaLand Ascott TrustS$0.932.2%
+S$76.5m
-5.1%PB0.8x
Q5T Far East Hospitality TrustS$0.612.5%
+S$30.7m
-6.2%PB0.7x

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