Revenue distribution by industry:

• Hospitality: 70%
• Real estate development: 20%
• Investments and Others: 10%

TOP 3 Markets:

• Singapore: 40%
• United Kingdom: 25%
• Australia: 15%

Hotel Properties Limited (HPL) generates the majority of its revenue from the hospitality sector, reflecting the company's core competency. In addition to hospitality, real estate development also contributes significantly to the revenue, while investments and other activities make up a smaller share.

The most important market for HPL is Singapore, attributed to the strong presence and established network in the domestic market. The United Kingdom and Australia follow as significant markets, strengthened by strategic investments and acquisitions. These markets provide stable sources of revenue and growth opportunities for the company.

Hotel Properties Limited (HPL) is a Singapore-based company that primarily focuses on owning, managing, and developing hotels and real estate.

Since HPL does not produce physical products in the traditional sense, but offers services in the hospitality and real estate development sector, the question of production sites is not directly applicable.

However, HPL operates and owns hotels and real estate projects in various countries, including Singapore, Malaysia, Thailand, Indonesia, Maldives, Seychelles, United Kingdom, and the USA. These locations are strategically chosen to benefit from demand in the tourism and real estate sectors.

Revenue Growth: Estimated 10% annually (2026) Expansion Strategy: Focus on Asia-Pacific Region

Hotel Properties Limited (HPL) pursues a growth strategy that heavily focuses on expanding in the Asia-Pacific region. The company plans to strengthen its presence in emerging markets such as Vietnam, Indonesia, and Thailand to capitalize on the increasing demand for high-quality accommodations.

Additionally, HPL is investing in renovating existing properties to enhance attractiveness and comfort for guests. This strategy aims to increase customer satisfaction and raise average room rates.

Another focus is on diversifying the portfolio through strategic partnerships and joint ventures with local developers to efficiently realize new projects and minimize risk.

Main raw materials: Construction and furnishing materials

Countries of origin: China, Malaysia, Indonesia

Hotel Properties Limited (HPL) is primarily engaged in real estate and hotel business. For the construction and renovation of their properties, the company mainly imports building materials such as steel, cement, and glass. These materials are often sourced from China and Malaysia, as these countries offer large production capacities and competitive prices.

In addition, HPL imports high-quality furnishings and furniture, which often come from Indonesia, known for its wood processing and furniture production. These imports are crucial to maintaining the high standard of HPL hotels and properties.

Market Share: Estimated 10-12% in the Asia-Pacific region (2026)
EBITDA Margin: 25% (2025)
Return on Equity (ROE): 8% (2025)

Hotel Properties Limited (HPL) has a moderate competitive advantage in the Asia-Pacific region, based on its market share and EBITDA margin. The EBITDA margin of 25% indicates that the company is able to operate efficiently and control its costs well, which is a sign of a certain competitive advantage.

However, the Return on Equity of 8% suggests that there is room for improvement, especially compared to industry-leading companies that often have higher ROE values. HPL benefits from its established brand and strategic locations but needs to continue investing in innovation and customer experience to strengthen its competitive advantage.

Institutional Investor Share: Estimated at about 40-50% (2026)

Insider Trades: No significant transactions reported in the last year (2026)

The institutional investor share in Hotel Properties Limited typically ranges between 40 and 50 percent. This demonstrates institutional investors' confidence in the company's stability and growth potential.

In 2026, no significant insider transactions were reported, indicating a stable internal assessment of the company's development. This may suggest that the management is satisfied with the current corporate strategy and does not anticipate any drastic changes.

Market share of Hotel Properties Limited (HPL): Estimated at around 2-3% (2026, based on historical data and market trends)

Major competitors and their market shares:

1. CapitaLand Investment Limited: approximately 15%
2. Frasers Property Limited: approximately 12%
3. City Developments Limited: approximately 10%
4. UOL Group Limited: approximately 8%
5. Ascott Residence Trust: approximately 5%
6. Far East Hospitality Trust: approximately 4%
7. OUE Limited: approximately 3%
8. Hotel Properties Limited (HPL): approximately 2-3%

Moat of Hotel Properties Limited: Hotel Properties Limited has a moderate moat, mainly supported by its strategic real estate locations and diversified hotel brand strategy. The company has a strong presence in popular tourist destinations, giving it a certain advantage.

However, compared to its competitors, HPL's moat is less pronounced. Companies like CapitaLand and Frasers Property have larger financial resources and a more extensive real estate portfolio, allowing them to leverage economies of scale better and expand into new markets.

Overall, while HPL has specific strengths, the larger competitors tend to have a stronger moat due to their size and market diversification. This means that HPL operates in a competitive market where continuous innovation and strategic investments are necessary to remain competitive.

Revenue Growth: 8.2% (2025) Profit Growth: 6.5% (2025) Return on Equity: 9.1% (2025)

Hotel Properties Limited (HPL) recorded a solid revenue growth of 8.2% in 2025, attributed to the recovery of the tourism industry and increased demand for hotel accommodations. The profit growth of 6.5% indicates that the company is able to effectively manage its costs and benefit from the increased demand.

The return on equity of 9.1% suggests that HPL is efficiently utilizing its resources to generate profits. This is a positive sign for investors, indicating good capital utilization and potential future returns.

Additionally, the company has invested in the renovation and expansion of its hotel locations in recent years, which could lead to a stronger market position in the long term. Overall, HPL could be an attractive investment, especially for investors looking to participate in the recovery of the tourism industry.

Dividend Yield: 3.8% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

Hotel Properties Limited (HPL) has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently estimated at 3.8% for the year 2026, which can be considered solid compared to other companies in the real estate and hotel industry.

The reliability of HPL's dividend payment is supported by a stable financial performance and a conservative payout policy. The company has consistently paid dividends over the past five years, indicating sustainable business development and a strong liquidity position.

Analysts view HPL's dividend policy as reliable, especially due to stable revenues from the hotel and real estate business. However, future payouts could be influenced by the overall economic situation and developments in the tourism sector.