CDL Hospitality Trusts (CDLHT) saw its stock price soar 3.57% during intraday trading on Friday, driven by the release of its positive financial results for the second half of 2025.

The trust reported a 7.2% year-over-year increase in revenue to S$142.5 million and a 3.5% rise in net property income to S$71.1 million for the period. Distribution per stapled security edged up 0.4% to S$0.0282, while Singapore's average occupancy rate improved significantly to 84.8% from 79.2% a year earlier. Lower borrowing costs and a moderated gearing ratio of 37.7% further supported the distributable income.

Management highlighted that stronger room rates and occupancies across its portfolios in Singapore, Australia, New Zealand, Japan, and the United Kingdom offset renovation-related disruptions. The completion of room upgrades at key properties and a strategic position to benefit from declining interest rates contributed to a positive earnings outlook for 2026.