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Thai (SET) Hotel and Resort REITs Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.3%
  • 3M-1.1%
  • 1Y-2.0%
  • YTDn/a

The Hotel and Resort REITs industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026฿24.3b฿3.7b฿2.3b10x10.6x6.6x
Mon, 09 Mar 2026฿24.7b฿3.7b฿3.2b9.4x7.7x6.6x
Wed, 04 Feb 2026฿24.2b฿3.7b฿3.6b8.9x6.7x6.5x
Fri, 02 Jan 2026฿24.3b฿3.7b฿3.6b9x6.7x6.5x
Sun, 30 Nov 2025฿24.0b฿3.7b฿3.6b8.7x6.6x6.4x
Tue, 28 Oct 2025฿23.7b฿3.7b฿3.6b9x6.6x6.4x
Thu, 25 Sep 2025฿23.9b฿3.7b฿3.6b9.7x6.6x6.5x
Sat, 23 Aug 2025฿23.5b฿3.7b฿3.5b10.8x6.8x6.4x
Mon, 21 Jul 2025฿23.4b฿3.9b฿4.0b9.9x5.8x6x
Wed, 18 Jun 2025฿23.1b฿3.9b฿4.0b9.8x5.7x5.9x
Fri, 16 May 2025฿23.6b฿3.8b฿4.0b8.8x5.8x6.2x
Sun, 13 Apr 2025฿24.6b฿3.8b฿4.2b8.7x5.9x6.5x
Tue, 11 Mar 2025฿25.9b฿3.8b฿4.2b8.7x6.2x6.8x
Thu, 06 Feb 2025฿24.7b฿3.6b฿2.7b10.4x9.2x6.9x
Sat, 04 Jan 2025฿25.4b฿3.6b฿2.7b10.7x9.4x7.1x
Mon, 02 Dec 2024฿25.1b฿3.6b฿2.7b10.6x9.3x7x
Wed, 30 Oct 2024฿24.8b฿3.3b฿2.8b9.7x8.9x7.5x
Fri, 27 Sep 2024฿25.7b฿3.3b฿2.8b9.9x9.2x7.7x
Sun, 25 Aug 2024฿23.6b฿3.3b฿2.8b9.6x8.5x7.1x
Tue, 23 Jul 2024฿22.8b฿3.0b฿2.8b7.8x8.3x7.6x
Thu, 20 Jun 2024฿23.4b฿3.1b฿2.9b8.1x7.9x7.6x
Sat, 18 May 2024฿26.4b฿3.4b฿3.0b8.5x8.7x7.9x
Mon, 15 Apr 2024฿27.1b฿3.0b฿2.6b9.6x10.6x9.1x
Wed, 13 Mar 2024฿27.7b฿3.0b฿2.6b9.6x10.8x9.3x
Fri, 09 Feb 2024฿28.5b฿2.8b฿2.5b11x11.4x10.2x
Sun, 07 Jan 2024฿30.1b฿3.2b฿1.1b11x27.8x9.3x
Tue, 05 Dec 2023฿27.9b฿3.2b฿1.1b10.2x25.7x8.6x
Thu, 02 Nov 2023฿21.8b฿3.1b฿1.3b8.7x17.3x6.9x
Sat, 30 Sep 2023฿23.2b฿3.1b฿1.3b9.7x18.4x7.4x
Mon, 28 Aug 2023฿24.1b฿3.1b฿1.3b9.9x19.2x7.7x
Wed, 26 Jul 2023฿24.5b฿2.8b฿2.0b10x12.2x8.6x
Fri, 23 Jun 2023฿24.6b฿2.8b฿2.0b9.8x12.2x8.6x
Sun, 21 May 2023฿24.7b฿2.8b฿2.0b8.4x12.4x8.7x
Tue, 18 Apr 2023฿24.3b฿2.4b฿1.7b10.4x14.6x10.1x
Price to Earnings Ratio

14.6x


Total Market Cap: ฿24.3bTotal Earnings: ฿1.7bTotal Revenue: ฿2.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Thai Hotel and Resort REITs Industry Price to Earnings3Y Average 10.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Thai Hotel and Resort REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.8x.
  • The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 6.6x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

TH Market1.62%
Real Estate1.41%
REITS0.06%
Hotel and Resort REITs-0.28%
Industrial REITs2.26%
Specialized REITs1.84%
Residential REITs1.79%
Retail REITs1.20%
Office REITs1.02%
Diversified REITs0.06%
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
LHHOTEL LH Hotel Leasehold Real Estate Investment Trust฿13.000.8%
+฿104.9m
0.8%PB1x
M-PAT MFC Patong Heritage Property Fund฿1.252.5%
+฿3.2m
-67.4%PB0.2x