DRH — what changed in the latest 10-Q
A section-by-section comparison of DRH'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 · 2026-07-30 vs the prior 10-Q · 2026-04-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −24 | ~25 | 59 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 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 | 0 | 0 | ~1 | 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 · 2026-07-30
The outlook for the remainder of 2026 remains subject to economic, geopolitical and market uncertainty, including evolving conditions in the Middle East, inflationary pressures, labor market conditions and uncertainty regarding the timing and magnitude of future interest rate changes. Travel demand …
Kimpton Shorebreak Fort Lauderdale Beach ResortFort Lauderdale, Florida96 80.3 %243.42 195.56 361.661.5 %
(1)The hotel was sold on May 1, 2026. The percentage change from 2025 RevPAR reflects the comparable period in 2025 to our 2026 ownership period.
The following are key hotel operating statistics for the three months ended June 30, 2026 and 2025. The operating statistics for the three months ended June 30, 2025 reflect the comparable period in 2025 to our 2026 ownership period.
Our hotel operating expenses decreased $6.3 million from the three months ended June 30, 2025 to the three months ended June 30, 2026. A decrease of $2.6 million was attributable to our 2026 Disposition. Excluding the impact of the 2026 Disposition, hotel operating expenses decreased primarily due t…
Text removed vs the prior filing · source: 10-Q · 2026-04-30
The outlook for the remainder of 2026 has become more uncertain as the ongoing conflict with Iran and broader instability in the Middle East have increased volatility in energy markets, contributed to renewed inflationary pressure and added uncertainty around the trajectory of interest rates. Travel…
Kimpton Shorebreak Huntington Beach ResortHuntington Beach, California157 78.7 %282.38 222.11 341.751.7 %
Kimpton Shorebreak Fort Lauderdale Beach ResortFort Lauderdale, Florida96 88.3 %283.05 249.80 445.925.7 %
The following are key hotel operating statistics for the three months ended March 31, 2026 and 2025, which exclude operating results from our 2025 Disposition.
Our hotel operating expenses decreased $1.4 million from the three months ended March 31, 2025 to the three months ended March 31, 2026. A decrease of $2.7 million was attributable to our 2025 Disposition, which was partially offset by an increase of $1.3 million in the rest of our portfolio due to …
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