Header cover image

Turkish (BIST) Hotel and Resort REITs Industry Analysis

UpdatedJan 23, 2026
DataAggregated Company Financials
Companies5
  • 7D2.8%
  • 3M-1.3%
  • 1Y58.3%
  • YTDn/a

Over the last 7 days, the Hotel and Resort REITs industry has risen 7.6%, driven by gains from Kizilbük Gayrimenkul Yatirim Ortakligi of 13%. In the last 12 months, the industry was up 59%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Jan 2026₺44.7b₺13.4b₺4.0b7.7x11.1x3.3x
Mon, 22 Dec 2025₺38.2b₺13.4b₺4.0b7.3x9.5x2.9x
Wed, 19 Nov 2025₺42.2b₺13.4b₺5.2b7.8x8x3.1x
Fri, 17 Oct 2025₺43.1b₺13.1b₺5.7b8.3x7.6x3.3x
Sun, 14 Sep 2025₺42.7b₺13.1b₺5.7b8.7x7.5x3.3x
Tue, 12 Aug 2025₺49.9b₺12.7b₺12.5b6.4x4x3.9x
Thu, 10 Jul 2025₺39.9b₺12.7b₺12.5b5x3.2x3.2x
Sat, 07 Jun 2025₺35.4b₺12.6b₺11.7b4.4x3x2.8x
Mon, 05 May 2025₺34.2b₺12.1b₺10.8b5.4x3.2x2.8x
Wed, 02 Apr 2025₺28.8b₺12.1b₺10.8b5.3x2.7x2.4x
Fri, 28 Feb 2025₺26.2b₺1.6b₺2.9b2.1x9x16.5x
Sun, 26 Jan 2025₺28.5b₺1.6b₺3.1b2x9.2x18.1x
Tue, 24 Dec 2024₺28.8b₺1.6b₺3.1b2.2x9.3x18.4x
Thu, 21 Nov 2024₺29.4b₺1.6b₺3.1b2.5x9.5x18.7x
Sat, 19 Oct 2024₺34.5b₺1.6b₺3.7b1.6x9.2x21.2x
Mon, 16 Sep 2024₺32.0b₺1.6b₺27.5m17.5x1163.4x19.6x
Wed, 14 Aug 2024₺31.4b₺1.8b₺1.1b13.7x28.5x17.6x
Fri, 12 Jul 2024₺31.9b₺1.8b₺1.1b13.2x29x17.9x
Sun, 09 Jun 2024₺32.1b₺1.8b₺1.1b11.1x28.6x17.7x
Tue, 07 May 2024₺31.3b₺1.8b₺6.1b8.8x5.1x17.3x
Thu, 04 Apr 2024₺26.3b₺1.6b₺11.7b2x2.2x16.9x
Sat, 02 Mar 2024₺33.8b₺1.6b₺11.7b2.5x2.9x21.7x
Mon, 29 Jan 2024₺22.1b₺1.6b₺11.3b2.1x2x14.3x
Wed, 27 Dec 2023₺12.7b₺1.6b₺11.3b1.1x1.1x8.2x
Fri, 24 Nov 2023₺20.5b₺1.6b₺11.3b1.6x1.8x13.2x
Sun, 22 Oct 2023₺13.5b₺980.0m₺8.9b1.6x1.5x13.8x
Tue, 19 Sep 2023₺15.3b₺980.0m₺8.9b1.9x1.7x15.6x
Thu, 17 Aug 2023₺15.9b₺980.0m₺8.9b2.1x1.8x16.2x
Sat, 15 Jul 2023₺14.7b₺776.6m₺7.6b1.9x1.9x19x
Mon, 12 Jun 2023₺12.4b₺776.6m₺7.6b1.7x1.6x16x
Wed, 10 May 2023₺9.5b₺719.3m₺7.6b1.3x1.2x13.1x
Fri, 07 Apr 2023₺13.0b₺719.3m₺7.6b1.5x1.7x18.1x
Sun, 05 Mar 2023₺14.0b₺719.3m₺7.6b1.7x1.8x19.5x
Tue, 31 Jan 2023₺15.4b₺459.7m₺4.7b1.6x3.3x33.6x
Price to Earnings Ratio

3.3x


Total Market Cap: ₺15.4bTotal Earnings: ₺4.7bTotal Revenue: ₺459.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Hotel and Resort REITs Industry Price to Earnings3Y Average 27.8x202420252026
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 11.1x which is lower than its 3-year average PE of 27.8x.
  • The 3-year average PS ratio of 13.7x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Hotel and Resort REITs industry have grown 5.0% per year over the last three years.
  • Revenues for these companies have grown 208% 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 Turkish Hotel and Resort REITs compare with similar industries?

TR Market2.33%
Real Estate1.63%
REITS2.44%
Hotel and Resort REITs2.80%
Office REITs7.21%
Residential REITs5.18%
Diversified REITs2.44%
Retail REITs1.30%
Industrial REITs-2.11%
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₺14.745.1%
+₺852.0m
165.1%PB0.9x
AKFGY Akfen Gayrimenkul Yatirim Ortakligi₺3.015.6%
+₺619.0m
43.3%PB0.4x
KZGYO Kuzugrup Gayrimenkul Yatirim Ortakligi₺26.562.0%
+₺104.0m
27.0%PB0.4x
MRGYO Marti Gayrimenkul Yatirim Ortakligi₺2.661.5%
+₺43.6m
60.2%PB0.3x

Latest News