CHH — what changed in the latest 10-Q

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

• Company's management agreements include cost reimbursements, which is primarily related to payroll costs at the managed hotels where the Company is the employer.

• Due to the seasonal nature of the Company’s hotel franchising and management business and the multi-year investments required to support the franchise operations, quarterly and/or annual surpluses or deficits may be generated. During the three months ended March 31, 2026 and 2025, reimbursable expen…

• Reimbursable expenses from franchised and managed properties161,787 143,811

• For the three months ended March 31, 2026, the Company recognized income before income taxes of $30.3 million, which is a $29.5 million decrease from the same period in the prior year. The decrease in income before income taxes was primarily due to a $19.9 million decrease in operating income, a $6.…

• Operating income decreased $19.9 million primarily due to a $17.5 million increase in the net reimbursable deficit from franchised and managed properties, a $3.8 million increase in selling, general and administrative expenses, and a $3.1 million increase in depreciation and amortization, all of whi…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• Greater awareness and preference promote long-term growth in business delivery to our franchisees and increases the desirability of our brands to hotel owners and developers, which ultimately increases the franchise fees earned by the Company. Additionally, the Company's management agreements includ…

• Due to the seasonal nature of the Company’s hotel franchising and management business and the multi-year investments required to support the franchise operations, quarterly and/or annual surpluses or deficits may be generated. During the three months ended September 30, 2025, reimbursable expenses f…

• Business combination, diligence and transition costs1,494 984

• Reimbursable expenses from franchised and managed properties184,268 170,939

• For the three months ended September 30, 2025, the Company recognized income before income taxes of $210.9 million, which is a $73.8 million increase from the same period in the prior year. The increase in income before income taxes was primarily due to a $100.0 million gain from an acquisition of a…

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

• There have been no changes in the Company’s internal control over financial reporting during the period ended March 31, 2026 that materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• During the third quarter of 2025, the Company completed the implementation of a new enterprise resource planning (“ERP”) and enterprise performance management ("EPM") system. The implementation of the new ERP and EPM system resulted in changes to our processes and procedures. Although we expect that…

• There were no other changes in the Company's internal control over financial reporting during the period ended September 30, 2025 that materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

Text added 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…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• 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 quarterly period covered by this quarterly report.