HoSbTe was predicted to be a weak topological insulator, whose spin-orbit coupling (SOC) gaps are reported to be as large as hundreds of meV. Utilizing infrared spectroscopy, we find that the compound is of metallic nature from 350 K down to 10 K. Particularly, both of its itinerant carrier density and scattering rate are demonstrated to decrease with temperature cooling, which is responsible for the appearance of a broad hump feature in the temperature dependent resistivity around 200 K. More importantly, we reveal the appearance of a charge density wave (CDW) gap in addition to the SOC related gap. The energy scale of the CDW gap is identified to be 364 meV at 10 K, which shift to 252 meV at 350 K. The coexistence of CDW and SOC gaps in the same compound paves a new avenue to explore more intriguing physics.