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Singaporean (SGX) Hotel and Resort REITs Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M-3.8%
  • 1Y1.5%
  • YTDn/a

Over the last 7 days, the Hotel and Resort REITs industry has risen 1.6%, driven by gains from CapitaLand Ascott Trust of 1.1%. In the last 12 months, the industry was up 4.5%. Looking forward, earnings are forecast to grow by 5.1% 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 Mar 2026S$5.8bS$1.4bS$288.4m23x20.2x4.3x
Tue, 17 Feb 2026S$6.3bS$1.4bS$292.7m24.8x21.5x4.6x
Thu, 15 Jan 2026S$6.2bS$1.3bS$235.5m26.2x26.5x4.6x
Sat, 13 Dec 2025S$6.1bS$1.3bS$235.5m25.6x25.7x4.5x
Mon, 10 Nov 2025S$6.0bS$1.3bS$235.5m25.4x25.6x4.5x
Wed, 08 Oct 2025S$6.1bS$1.3bS$235.5m25.7x25.9x4.5x
Fri, 05 Sep 2025S$7.2bS$1.5bS$253.7m34.3x28.4x4.9x
Sun, 03 Aug 2025S$7.1bS$1.5bS$264.1m25.8x27x4.8x
Tue, 01 Jul 2025S$7.0bS$1.5bS$282.3m46.8x24.9x4.7x
Thu, 29 May 2025S$6.8bS$1.5bS$282.3m45.4x24.1x4.6x
Sat, 26 Apr 2025S$6.7bS$1.5bS$284.4m42.2x23.7x4.5x
Mon, 24 Mar 2025S$6.8bS$1.5bS$284.4m39.6x23.8x4.6x
Wed, 19 Feb 2025S$6.7bS$1.5bS$291.4m38.7x23.2x4.5x
Fri, 17 Jan 2025S$6.9bS$1.5bS$484.7m12.4x14.3x4.7x
Sun, 15 Dec 2024S$6.7bS$1.5bS$484.7m12.3x13.9x4.6x
Tue, 12 Nov 2024S$6.6bS$1.5bS$553.5m9.8x12x4.6x
Thu, 10 Oct 2024S$7.2bS$1.5bS$553.5m10.5x13x4.9x
Sat, 07 Sep 2024S$7.0bS$1.5bS$553.5m10.2x12.6x4.8x
Mon, 05 Aug 2024S$6.8bS$1.5bS$559.0m10.1x12.2x4.7x
Wed, 03 Jul 2024S$6.8bS$1.4bS$549.2m9.7x12.3x4.8x
Fri, 31 May 2024S$6.9bS$1.4bS$549.2m9.7x12.5x4.9x
Sun, 28 Apr 2024S$6.9bS$1.4bS$552.0m9.8x12.5x4.9x
Tue, 26 Mar 2024S$7.1bS$1.4bS$552.0m9.9x12.8x5x
Thu, 22 Feb 2024S$7.0bS$1.4bS$568.8m9.8x12.3x5x
Sat, 20 Jan 2024S$7.2bS$1.3bS$700.9m10x10.2x5.3x
Mon, 18 Dec 2023S$7.5bS$1.3bS$700.9m10.5x10.7x5.6x
Wed, 15 Nov 2023S$6.9bS$1.3bS$691.1m11.8x10x5.2x
Fri, 13 Oct 2023S$7.1bS$1.3bS$681.4m13.4x10.4x5.3x
Sun, 10 Sep 2023S$7.4bS$1.3bS$681.4m12.8x10.9x5.6x
Tue, 08 Aug 2023S$7.4bS$1.3bS$685.3m13x10.7x5.5x
Thu, 06 Jul 2023S$7.5bS$1.2bS$710.8m12.5x10.6x6.2x
Sat, 03 Jun 2023S$7.5bS$1.2bS$710.8m12.6x10.5x6.1x
Mon, 01 May 2023S$7.7bS$1.2bS$710.8m12.8x10.8x6.3x
Wed, 29 Mar 2023S$7.1bS$1.2bS$696.7m14.9x10.2x5.9x
Price to Earnings Ratio

10.2x


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 16.7x202420252026
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 20.6x which is higher than its 3-year average PE of 16.7x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 25% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.5% 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 Market1.83%
Real Estate-0.79%
REITS2.31%
Hotel and Resort REITs0.48%
Diversified REITs2.31%
Healthcare REITs1.46%
Retail REITs1.07%
Industrial REITs1.00%
Office REITs0.67%
Residential REITs0%0
Specialized REITs0%0
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
Q5T Far East Hospitality TrustS$0.572.7%
+S$30.8m
0.9%PB0.7x
XZL Acrophyte Hospitality TrustUS$0.242.1%
+US$2.9m
14.0%PB0.4x

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