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Turkish (BIST) Hotel and Resort REITs Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies5
  • 7D4.2%
  • 3M-3.0%
  • 1Y24.6%
  • YTD8.5%

Over the last 7 days, the Hotel and Resort REITs industry has risen 4.2%, driven by gains in Marti Gayrimenkul Yatirim Ortakligi and Kuzugrup Gayrimenkul Yatirim Ortakligi of 9.1% and 2.9%, respectively. In the last 12 months, the industry was up 25%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026₺41.4b₺4.6b₺3.4b11x12.3x9x
Thu, 30 Apr 2026₺42.8b₺4.8b₺5.7b12.3x7.6x8.9x
Sat, 28 Mar 2026₺39.0b₺4.7b₺5.5b6.7x7x8.4x
Mon, 23 Feb 2026₺45.8b₺13.8b₺5.6b6.1x8.2x3.3x
Wed, 21 Jan 2026₺44.4b₺13.4b₺4.0b7.7x11.1x3.3x
Fri, 19 Dec 2025₺38.4b₺13.4b₺4.0b7.4x9.5x2.9x
Sun, 16 Nov 2025₺40.0b₺13.3b₺5.4b9.8x7.4x3x
Tue, 14 Oct 2025₺44.0b₺13.1b₺5.7b8.6x7.7x3.4x
Thu, 11 Sep 2025₺44.3b₺13.1b₺5.7b8.9x7.8x3.4x
Sat, 09 Aug 2025₺48.9b₺12.7b₺12.5b6.3x3.9x3.9x
Mon, 07 Jul 2025₺40.0b₺12.7b₺12.5b5.1x3.2x3.2x
Wed, 04 Jun 2025₺34.1b₺12.6b₺11.7b4.2x2.9x2.7x
Fri, 02 May 2025₺32.3b₺12.1b₺10.8b5.2x3x2.7x
Sun, 30 Mar 2025₺28.8b₺12.1b₺10.8b5.3x2.7x2.4x
Tue, 25 Feb 2025₺26.2b₺1.6b₺2.9b2x9x16.4x
Thu, 23 Jan 2025₺28.9b₺1.6b₺3.1b2.1x9.3x18.4x
Sat, 21 Dec 2024₺29.7b₺1.6b₺3.1b2.3x9.6x18.9x
Mon, 18 Nov 2024₺32.9b₺1.6b₺3.1b2.6x10.6x20.1x
Wed, 16 Oct 2024₺34.2b₺1.6b₺3.7b1.7x9.1x21x
Fri, 13 Sep 2024₺30.9b₺1.6b₺34.0m17.1x910.6x19.1x
Sun, 11 Aug 2024₺31.2b₺1.8b₺1.1b13.6x28.3x17.5x
Tue, 09 Jul 2024₺30.4b₺1.8b₺1.1b12.7x27.6x17.1x
Thu, 06 Jun 2024₺31.1b₺1.8b₺1.1b11x27.8x17.2x
Sat, 04 May 2024₺31.8b₺1.8b₺6.1b8.9x5.2x17.6x
Mon, 01 Apr 2024₺28.1b₺1.6b₺11.7b2.1x2.4x18x
Wed, 28 Feb 2024₺32.6b₺1.6b₺11.7b2.4x2.8x20.9x
Fri, 26 Jan 2024₺21.7b₺1.6b₺11.3b2.1x1.9x14x
Sun, 24 Dec 2023₺14.0b₺1.6b₺11.3b1.3x1.2x9.1x
Tue, 21 Nov 2023₺20.4b₺1.6b₺11.3b1.6x1.8x13.2x
Thu, 19 Oct 2023₺14.4b₺980.0m₺8.9b1.7x1.6x14.7x
Sat, 16 Sep 2023₺15.5b₺980.0m₺8.9b2x1.7x15.9x
Mon, 14 Aug 2023₺15.6b₺899.5m₺8.9b2x1.7x17.3x
Wed, 12 Jul 2023₺14.8b₺776.6m₺7.6b1.9x1.9x19x
Fri, 09 Jun 2023₺12.4b₺776.6m₺7.6b1.7x1.6x15.9x
Price to Earnings Ratio

1.6x


Total Market Cap: ₺12.4bTotal Earnings: ₺7.6bTotal Revenue: ₺776.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Hotel and Resort REITs Industry Price to Earnings3Y Average 28.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Turkish Hotel and Resort REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 12.3x which is lower than its 3-year average PE of 28.6x.
  • The 3-year average PS ratio of 11.9x is higher than the industry's current PS ratio of 9.0x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 81% 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 Turkish Real Estate industry?

TR Market0.75%
Real Estate0.91%
Hotel and Resort REITs4.20%
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
MRGYO Marti Gayrimenkul Yatirim Ortakligi₺1.689.1%
+₺152.7m
-5.1%PB0.2x
KZGYO Kuzugrup Gayrimenkul Yatirim Ortakligi₺25.182.9%
+₺140.0m
29.1%PB0.4x

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