Header cover image

Turkish (BIST) Hotel and Resort REITs Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies5
  • 7D8.3%
  • 3M0.03%
  • 1Y52.5%
  • YTD12.5%

All of the companies in the Hotel and Resort REITs industry have been up over the last week, with the industry up 7.3%. This means that the industry has gained 49% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026₺43.0b₺13.4b₺4.0b7.4x10.7x3.2x
Sat, 13 Dec 2025₺39.0b₺13.4b₺4.0b7.5x9.7x2.9x
Mon, 10 Nov 2025₺45.5b₺13.3b₺5.9b7.6x7.8x3.4x
Wed, 08 Oct 2025₺46.3b₺13.1b₺5.7b8.7x8.1x3.5x
Fri, 05 Sep 2025₺47.2b₺13.1b₺5.8b9.3x8.2x3.6x
Sun, 03 Aug 2025₺46.3b₺12.7b₺12.5b6.3x3.7x3.7x
Tue, 01 Jul 2025₺38.3b₺12.7b₺12.5b5.3x3.1x3x
Thu, 29 May 2025₺34.3b₺12.6b₺11.7b4.5x2.9x2.7x
Sat, 26 Apr 2025₺30.8b₺12.1b₺10.8b5.2x2.9x2.6x
Mon, 24 Mar 2025₺24.5b₺12.1b₺10.8b4.8x2.3x2x
Wed, 19 Feb 2025₺26.0b₺1.6b₺2.9b1.9x8.9x16.4x
Fri, 17 Jan 2025₺28.4b₺1.6b₺3.1b2x9.2x18.1x
Sun, 15 Dec 2024₺30.3b₺1.6b₺3.1b2.2x9.8x19.3x
Tue, 12 Nov 2024₺36.5b₺1.6b₺3.9b2.4x9.4x22.2x
Thu, 10 Oct 2024₺35.7b₺1.6b₺3.7b1.7x9.5x21.9x
Sat, 07 Sep 2024₺33.4b₺1.6b₺27.5m18.4x1215.2x20.4x
Mon, 05 Aug 2024₺32.7b₺1.8b₺1.1b14x29.7x18.4x
Wed, 03 Jul 2024₺29.0b₺1.8b₺1.1b12.4x26.3x16.3x
Fri, 31 May 2024₺30.8b₺1.8b₺1.1b11.2x27.4x17x
Sun, 28 Apr 2024₺31.5b₺1.8b₺6.6b5.7x4.8x17.4x
Tue, 26 Mar 2024₺28.2b₺1.6b₺11.7b2.1x2.4x18.1x
Thu, 22 Feb 2024₺32.5b₺1.6b₺11.7b2.3x2.8x20.9x
Sat, 20 Jan 2024₺20.8b₺1.6b₺11.3b2x1.8x13.4x
Mon, 18 Dec 2023₺16.7b₺1.6b₺11.3b1.6x1.5x10.8x
Wed, 15 Nov 2023₺13.6b₺1.1b₺9.4b1.3x1.4x12.1x
Fri, 13 Oct 2023₺15.6b₺980.0m₺8.9b1.9x1.8x15.9x
Sun, 10 Sep 2023₺15.5b₺980.0m₺8.9b1.9x1.7x15.8x
Tue, 08 Aug 2023₺16.5b₺786.8m₺7.6b2.1x2.2x20.9x
Thu, 06 Jul 2023₺13.8b₺776.6m₺7.6b1.8x1.8x17.8x
Sat, 03 Jun 2023₺12.6b₺775.0m₺7.5b1.7x1.7x16.3x
Mon, 01 May 2023₺11.0b₺719.3m₺7.6b1.5x1.4x15.2x
Wed, 29 Mar 2023₺12.0b₺719.3m₺7.6b1.5x1.6x16.7x
Price to Earnings Ratio

1.6x


Total Market Cap: ₺12.0bTotal Earnings: ₺7.6bTotal Revenue: ₺719.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Hotel and Resort REITs Industry Price to Earnings3Y Average 29.5x202420252026
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 10.6x which is lower than its 3-year average PE of 29.5x.
  • The 3-year average PS ratio of 12.9x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have declined 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 165% 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 Market3.21%
Real Estate1.79%
Hotel and Resort REITs8.29%
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
KZBGY Kizilbük Gayrimenkul Yatirim Ortakligi₺14.0217.6%
+₺2.5b
138.0%PB0.8x
AKFGY Akfen Gayrimenkul Yatirim Ortakligi₺2.764.2%
+₺425.6m
32.7%PB0.4x
MRGYO Marti Gayrimenkul Yatirim Ortakligi₺2.825.6%
+₺163.6m
66.9%PB0.3x
KZGYO Kuzugrup Gayrimenkul Yatirim Ortakligi₺25.022.3%
+₺112.0m
20.4%PB0.4x
SURGY Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi₺44.401.0%
+₺70.3m
4.8%PB0.8x

Latest News