PEB — what changed in the latest 10-Q
A section-by-section comparison of PEB'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 · 2026-10-29 vs the prior 10-Q · 2026-07-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −7 | ~50 | 41 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| 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 · 2026-10-29
Third quarter operating results remained strong and exceeded our outlook. Both business and leisure demand drove broad-based growth. Our resort properties drove the portfolio growth, and strong out-of-room spend delivered robust profitability. Urban properties performed well too, with strong demand …
•We entered into a purchase and sale agreement to sell The Hotel Zags for $10.0 million and the property was classified as held for sale as of September 30, 2026. Closing on the sale was completed on October 8, 2026.
Revenues — Total revenues increased by $4.0 million primarily due to an increase in revenues as a result of continued corporate and leisure demand at our properties. The increased demand resulted in a strong increase in ADR. Revenue was strong in several of our urban markets including Boston, Los An…
Interest expense — Interest expense increased by $5.8 million primarily due to a gain on debt extinguishment in the third quarter of 2025 as a result of repurchasing a portion of our convertible debt at a discount. This increase was partially offset by lower borrowings as a result of paying down deb…
Interest expense — Interest expense increased by $3.7 million primarily due to a gain on debt extinguishment in the third quarter of 2025 as a result of repurchasing a portion of our convertible debt at a discount. This increase was partially offset by lower borrowings as a result of paying down deb…
Text removed vs the prior filing · source: 10-Q · 2026-07-29
Second quarter operating results built on the strength we saw in the first quarter. Both business and leisure demand continued to grow. Our resort properties led the portfolio growth, particularly LaPlaya Beach Resort & Club, Estancia La Jolla Hotel & Spa, Paradise Point Resort & Spa, and Newport Ha…
Amortization of share-based compensation expense2,563 3,522 4,869 6,741
Amortization of share-based compensation expense2,563 3,522 4,869 6,741
Revenues — Total revenues decreased by $0.4 million primarily due to the loss of $19.7 million in revenues from the sales of the non-comparable properties, offset by an increase in revenues at many of the resort properties, including Paradise Point Resort & Spa, Estancia La Jolla Hotel & Spa, LaPlay…
Interest expense — Interest expense decreased by $1.2 million primarily as a result of lower borrowings in 2026.
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