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Singapore hotel owner-operator and property developer with stakes in global hotel brands and F&B franchises.
Singapore hotel owner-operator and property developer with stakes in global hotel brands and F&B franchises.
Earns room and food revenue from hotels it owns, usually run under management contracts with international brand operators, so occupancy and room rates matter. Development sales are lumpy and arrive when projects complete.
In one line: A Singapore hotel owner/operator and property developer with global hotel brand stakes.
Moat: narrow (brand, installed base). Long-standing stakes in premium hotel brands and prime property locations in Singapore/Asia.
Headquarters: Singapore · Founded: 1980
Size Hotel Properties (H15.SI) is a Singapore Consumer Discretionary company (Hotels/Resorts/Cruise lines) with a market value of $2.07B, the 48th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$4.98 on 6 Nov 2026.
Performance Over six months the shares gained 10.7%, against -7.4% for the median peer and -1.2% for the Singapore market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 1.6% over the last twelve months (peer median +6.5%); the operating margin is 6.8% (peer median 15.4%).
Valuation It trades at 6.8× enterprise value to sales against a peer median of 3.0× (3rd most expensive of 21).
Capital Return on invested capital runs 4.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$735M | S$743M | S$693M | S$642M | S$526M |
| Revenue growth | — | +7% | +8% | +22% | — |
| Gross profit | S$144M | S$154M | S$144M | S$147M | S$105M |
| EBITDA | S$148M | S$158M | S$151M | S$151M | S$111M |
| Net income | -S$101M | -S$55.0M | S$20.2M | S$554M | S$29.7M |
| Free cash flow | -S$99.9M | -S$50.5M | -S$168M | -S$104M | -S$50.7M |
| Capital expenditure | S$112M | S$106M | S$213M | S$139M | S$132M |
| Total debt | n/a | S$2.16B | S$2.04B | S$1.78B | S$1.86B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Hotel Properties H15.SI | $2.07B | +11% | +2% | 7% | 6.8× | n/a |
| City Developments C09.SI | $5.13B | -11% | +36% | 14% | n/a | n/a |
| UOL U14.SI | $5.23B | -23% | +2% | 25% | n/a | n/a |
| Frasers Property TQ5.SI | $2.80B | -20% | -21% | 29% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | H15.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.4% | +6.4% | 7th highest of 21 |
| 6-month return | +10.7% | -7.4% | 7th highest of 21 |
| Distance from 52-week high | -4.2% | -18.5% | 4th highest of 21 |
| Revenue growth (TTM) | +1.6% | +6.5% | 4th lowest of 21 |
| Operating margin | 6.8% | 15.4% | 2nd lowest of 21 |
| EV / Sales | 6.8× | 3.0× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -4.1 pp | +1.0 pp | 4th lowest of 21 |
| EV / EBITDA | 33.5× | 12.9× | most expensive of 19 |
| Net debt / EBITDA | 15.3× | 2.5× | most indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hotel Properties H15.SI | Singapore | $2.07B | +11% | +2% | 7% | 6.8× | n/a | n/a |
| EIH EIHOTEL.NS | India | $2.07B | -7% | +8% | 29% | 6.5× | 28.9% | +42.9% |
| Kyoritsu Maintenance 9616.T | Japan | $2.00B | +47% | +20% | 9% | 1.5× | 2.3% | +17.8% |
| Hbx Group International HBX.MC | Spain | $2.19B | +29% | +4% | 38% | 3.6× | -4.2% | +18.4% |
| Lindblad Expeditions LIND | United States | $2.23B | +61% | +17% | 8% | 3.1× | 33.0% | +56.4% |
| Monarch Casino & Resort MCRI | United States | $1.92B | -8% | +5% | 27% | 3.2× | 6.7% | +24.2% |
| BTG Hotels (Group) Co Ltd Shs -A- 600258.SS | China | $2.25B | -14% | -3% | 18% | 2.7× | -11.1% | +7.6% |
| Chalet Hotels CHALET.NS | India | $1.88B | +2% | -17% | 34% | 9.3× | 24.1% | +57.5% |
| Scandic Hotels SHOT.ST | Sweden | $2.29B | +16% | +3% | 13% | 3.0× | 3.2% | +24.4% |
| Shangri-La Asia 0069.HK | Hong Kong | $1.87B | -9% | +5% | 35% | 3.3× | -8.7% | +16.8% |
| Resorttrust 4681.T | Japan | $2.36B | -1% | +8% | 12% | 1.4× | -6.4% | +9.4% |
| Melco Resorts & Entertainment Ltd. Sponsored ADR MLCO | United States | $1.79B | -16% | +6% | 12% | 1.6× | -6.2% | +24.5% |
| Leela Palaces Hotels & Resorts THELEELA.NS | India | $2.45B | +65% | +17% | 42% | 14.5× | n/a | n/a |
| Melia Hotels International MEL.MC | Spain | $2.67B | -10% | +5% | 13% | 2.3× | 7.3% | +31.5% |
| SkiStar SKIS-B.ST | Sweden | $1.58B | +27% | +7% | 17% | 3.8× | 8.4% | +12.5% |
| Guoco 0053.HK | Hong Kong | $2.90B | 0% | -11% | 13% | 2.5× | -3.9% | +16.0% |
| Great Eagle 0041.HK | Hong Kong | $1.37B | -24% | +75% | 12% | 2.4× | -0.9% | +13.8% |
| Shanghai Jin Jiang International Hotels 600754.SS | China | $3.18B | -16% | +5% | 14% | 2.2× | -8.1% | +6.9% |
| Ventive Hospitality VENTIVE.NS | India | $1.34B | -17% | +15% | 29% | 6.5× | 29.9% | +78.5% |
| NagaCorp 3918.HK | Hong Kong | $1.21B | -48% | +12% | 58% | 1.3× | -19.3% | -4.1% |
| Target Hospitality TH | United States | $1.13B | -26% | +12% | -9% | 3.4× | 49.9% | +7.3% |