WH — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-07-23

• During the preparation of our year-end 2025 financial statements, we learned that Revo, a large European franchisee, had filed for insolvency proceedings under self-administration for most of its operating entities. We removed all Revo-related revenue recognition from our 2026 reported results and o…

• The table below presents our operating statistics for the three and six months ended June 30, 2026 and 2025. “Rooms” represent the number of rooms at the end of the period which are (i) either under franchise and/or management agreements, excluding all rooms associated with the Company's Super 8 mas…

• (b)Excluding currency effects, international RevPAR decreased 4% and global RevPAR decreased 1% .

• Global rooms grew 3%, or 4% excluding Revo, compared to the prior year, including flat growth in the U.S. and, 8% internationally. Excluding Revo, international rooms grew 10% year-over-year, including 12% direct-franchised growth in the Company's Asia Pacific region and 11% growth in the Company's …

• Excluding currency effects, global RevPAR for the three months ended June 30, 2026 decreased by 1% compared to the prior year period, reflecting 2% growth in the U.S. and a 6% decline internationally. In the U.S., the year-over-year results were primarily driven by continued strength across the Midw…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• The table below presents our operating statistics for the three months ended March 31, 2026 and 2025. “Rooms” represent the number of rooms at the end of the period which are (i) either under franchise and/or management agreements, excluding all rooms associated with the Company's Super 8 master lic…

• (a)Amounts have been recasted to exclude the impact from all rooms associated with our Super 8 master licensee in China to conform with current year presentation. See below for prior year reported amounts:

• Rooms grew 4% compared to the prior year, including flat growth in the U.S., which includes the expected impact from the loss of legacy affiliated rooms, 12% direct-franchised growth in our Asia Pacific region and 9% growth in our higher RevPAR EMEA and Latin America regions.

• Excluding currency effects, global RevPAR for the three months ended March 31, 2026 decreased by 1% compared to the prior year period, reflecting flat performance in the U.S. and 1% decline internationally. In the U.S., the year-over-year comparison was impacted by approximately 40 basis points of u…

• where RevPAR improved over 500 basis points sequentially, yet declined 5% year-over-year, and Latin America, which declined 4% year-over-year primarily due to lower U.S. cross-border demand in Mexico.

Text added vs the prior filing · source: 10-Q · 2026-07-23

• We use a current market pricing model to assess the changes in the value of our foreign currency derivatives used by us to hedge underlying exposure that primarily consists of our non-functional-currency current assets and liabilities. The primary

• assumption used in these models is a hypothetical 10% weakening or strengthening of the U.S. dollar against all our currency exposures as of June 30, 2026. The gains and losses on the hedging instruments are largely offset by the gains and losses on the underlying assets, liabilities or expected cas…

• Argentina is considered to be a highly inflationary economy. As of June 30, 2026, we had total net exposure in Argentina relating to foreign currency of approximately $8 million. We incurred immaterial and $1 million of losses associated with highly inflationary economies during the six months ended…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• We use a current market pricing model to assess the changes in the value of our foreign currency derivatives used by us to hedge underlying exposure that primarily consists of our non-functional-currency current assets and liabilities. The primary assumption used in these models is a hypothetical 10…

• Argentina is considered to be a highly inflationary economy. As of March 31, 2026, we had total net exposure in Argentina relating to foreign currency of approximately $8 million. We incurred immaterial foreign currency exchange gains and losses associated with highly inflationary economies during t…

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• March 31, 2026, we utilized the criteria established in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

Text added vs the prior filing · source: 10-Q · 2026-07-23

• During the three months ended June 30, 2026, no directors or executive officers entered into, modified or terminated, contracts, instructions or written plans for the sale or purchase of the Company’s securities that were intended to satisfy the affirmative defense conditions of Rule 10b5-1 or that …

Text removed vs the prior filing · source: 10-Q · 2026-04-30

• On March 11, 2026, Geoffrey A. Ballotti, the Company’s President and Chief Executive Officer, adopted a Rule 10b5‑1 trading plan (the “Trading Plan”). The Trading Plan is intended to satisfy the affirmative defense of Rule 10b5‑1(c) under the Exchange Act. The Trading Plan provides for the potential…