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Singaporean (SGX) Hotel and Resort REITs Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M5.6%
  • 1Y11.5%
  • YTDn/a

The Hotel and Resort REITs industry has stayed flat over the last week. As for the the longer term, the industry is up 11% over the past 12 months. Looking forward, earnings are forecast to grow by 6.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Feb 2026S$6.3bS$1.4bS$292.7m25x21.6x4.6x
Tue, 20 Jan 2026S$6.2bS$1.3bS$235.5m26.2x26.4x4.6x
Thu, 18 Dec 2025S$6.0bS$1.3bS$235.5m25.5x25.5x4.5x
Sat, 15 Nov 2025S$6.1bS$1.3bS$235.5m25.6x25.8x4.5x
Mon, 13 Oct 2025S$6.0bS$1.3bS$235.5m25.5x25.7x4.5x
Wed, 10 Sep 2025S$7.3bS$1.5bS$253.7m34.6x28.6x4.9x
Fri, 08 Aug 2025S$7.1bS$1.5bS$253.7m33.3x27.8x4.8x
Sun, 06 Jul 2025S$7.1bS$1.5bS$282.3m47.6x25x4.8x
Tue, 03 Jun 2025S$6.9bS$1.5bS$282.3m45.5x24.3x4.6x
Thu, 01 May 2025S$6.7bS$1.5bS$284.4m42.9x23.7x4.6x
Sat, 29 Mar 2025S$6.7bS$1.5bS$284.4m40.4x23.7x4.6x
Mon, 24 Feb 2025S$6.6bS$1.5bS$291.4m37x22.7x4.5x
Wed, 22 Jan 2025S$6.9bS$1.5bS$484.7m12.4x14.3x4.7x
Fri, 20 Dec 2024S$6.7bS$1.5bS$484.7m12.2x13.9x4.6x
Sun, 17 Nov 2024S$6.6bS$1.5bS$484.7m12.3x13.6x4.5x
Tue, 15 Oct 2024S$7.1bS$1.5bS$553.5m10.3x12.8x4.9x
Thu, 12 Sep 2024S$7.0bS$1.5bS$553.5m10.2x12.6x4.8x
Sat, 10 Aug 2024S$6.5bS$1.5bS$553.5m9.7x11.8x4.5x
Mon, 08 Jul 2024S$6.7bS$1.4bS$549.2m9.7x12.2x4.8x
Wed, 05 Jun 2024S$6.8bS$1.4bS$549.2m9.7x12.5x4.9x
Fri, 03 May 2024S$6.9bS$1.4bS$552.0m9.8x12.5x4.9x
Sun, 31 Mar 2024S$7.2bS$1.4bS$552.0m10.1x13x5.1x
Tue, 27 Feb 2024S$6.9bS$1.4bS$552.0m9.7x12.5x4.9x
Thu, 25 Jan 2024S$7.2bS$1.3bS$700.9m9.7x10.2x5.3x
Sat, 23 Dec 2023S$7.5bS$1.3bS$700.9m10.2x10.7x5.6x
Mon, 20 Nov 2023S$7.1bS$1.3bS$700.9m10.7x10.2x5.3x
Wed, 18 Oct 2023S$7.0bS$1.3bS$681.4m13.3x10.3x5.3x
Fri, 15 Sep 2023S$7.4bS$1.3bS$681.4m13.3x10.9x5.6x
Sun, 13 Aug 2023S$7.3bS$1.3bS$681.4m12.9x10.6x5.4x
Tue, 11 Jul 2023S$7.4bS$1.2bS$710.8m12.4x10.5x6.1x
Thu, 08 Jun 2023S$7.5bS$1.2bS$710.8m12.5x10.5x6.2x
Sat, 06 May 2023S$7.7bS$1.2bS$710.8m13x10.8x6.3x
Mon, 03 Apr 2023S$7.1bS$1.2bS$696.7m14.9x10.3x6x
Wed, 01 Mar 2023S$4.0bS$577.8mS$486.9m11.4x8.1x6.9x
Price to Earnings Ratio

8.1x


Total Market Cap: S$4.0bTotal Earnings: S$486.9mTotal Revenue: S$577.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Hotel and Resort REITs Industry Price to Earnings3Y Average 16.4x202420252026
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 21.6x which is higher than its 3-year average PE of 16.4x.
  • The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 33% 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 Comparison

How does Singaporean Hotel and Resort REITs compare with similar industries?

SG Market1.56%
Real Estate0.39%
REITS0.35%
Hotel and Resort REITs0.46%
Diversified REITs0.35%
Office REITs0.30%
Industrial REITs0.15%
Retail REITs0.041%
Residential REITs0%0
Specialized REITs0%0
Healthcare REITs-0.13%
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$0.980.5%
+S$19.2m
12.6%PB0.8x
J85 CDL Hospitality TrustsS$0.870.6%
+S$6.4m
7.4%PB0.6x
XZL Acrophyte Hospitality TrustUS$0.262.0%
+US$2.9m
13.3%PB0.4x

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