CHH — what changed in the latest 10-Q
A section-by-section comparison of CHH's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-04-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +32 | −14 | ~27 | 45 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +1 | −3 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
operating U.S. hotel rooms. The U.S. system-wide RevPAR during the three months ended June 30, 2026 includes a FIFA World Cup-related impact of 60 basis points.
Selling, general and administrative expenses increased $6.9 million primarily due to a $4.5 million increase in the provision for credit losses in accounts receivable, a $1.7 million increase in non-recurring operational restructuring and executive severance expense, a $1.4 million increase in expen…
in operating guarantee payments for a portfolio of managed hotels which was acquired in connection with the Company's purchase of Radisson Hotels Americas, and a $1.0 million decrease in costs related to the global enterprise resource planning ("ERP") system implementation.
Depreciation and amortization expense increased $3.4 million primarily due to a $2.0 million increase in amortization expense for intangible assets as a result of the acquisition of the remaining 50% equity interest in Choice Hotels Canada in July 2025 and a $1.1 million increase in depreciation exp…
The Company’s effective income tax rates were 25.1% and 24.7% for the three months ended June 30, 2026 and 2025, respectively. The effective income tax rate for the three months ended June 30, 2026 was higher than the U.S. federal income tax rate of 21.0% primarily due to the impact of state income …
Text removed vs the prior filing · source: 10-Q · 2026-04-30
the three months ended March 31, 2025 to 5.22% for the three months ended March 31, 2026. The U.S. system-wide RevPAR during the three months ended March 31, 2025 includes a hurricane-related impact of 410 basis points.
Selling, general and administrative expenses increased $3.8 million primarily due to a $4.3 million increase in bad debt expense and a $1.1 million increase in expenses to operate Choice Hotels Canada during the three months ended March 31, 2026, all of which were partially offset by a $0.7 million …
Depreciation and amortization expense increased $3.1 million primarily due to a $2.0 million increase in amortization expense for intangible assets as a result of the acquisition of the remaining 50% equity interest in Choice Hotels Canada in July 2025 and a $1.0 million increase in depreciation exp…
Equity in net loss of affiliates increased $6.2 million primarily due to a $5.8 million decrease in the equity earnings from our unconsolidated affiliates and a $0.9 million decrease in the equity earnings as a result of acquiring the remaining 50% equity interest in Choice Hotels Canada in July 202…
Interest expense increased $2.7 million primarily due to increased borrowings. Refer to the discussion in the Liquidity and Capital Resources section in MD&A for more information.
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-05
None of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the period covered by this quarterly report.
Text removed vs the prior filing · source: 10-Q · 2026-04-30
The following table describes, for the first quarter of 2026, each trading arrangement for the sale or purchase of Company securities adopted or terminated by our directors and officers that is either (i) a contract, instruction, or written plan intended to satisfy the affirmative defense conditions…
(1) This trading plan relates to up to 23,848 shares of the Company's common stock and has a scheduled expiration date of May 23, 2027, unless terminated earlier. The actual number of shares that may be sold will depend on the number of shares that may be withheld to satisfy the minimum tax-withhold…
(2) This trading plan relates to up to 28,042 shares of the Company's common stock and has a scheduled expiration date of December 12, 2027, unless terminated earlier. The actual number of shares that may be sold will depend on (i) the vesting of an underlying equity award, which is subject to the a…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice