HST — what changed in the latest 10-Q
A section-by-section comparison of HST'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 · 2026-05-08 vs the prior 10-Q · 2025-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +80 | −94 | ~26 | 68 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 1 |
| Controls & procedures | Text added/removed | +1 | 0 | ~1 | 3 |
| Other information | No paragraph-level changes | 0 | 0 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
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 · 2026-05-08
•the impact of future U.S. governmental action to address budget deficits through reductions in spending and similar austerity measures, as well as the impact of U.S. government shutdowns, such as the recent shutdown of the Department of Homeland Security, the furlough of federal employees, and pote…
immigration laws or increased enforcement, and severance and furlough payments to hotel employees or changes in workplace rules that affect labor costs;
place undue reliance on these forward-looking statements, which reflect our analysis only and speak as of the date of this report. Although we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that we will attai…
Total revenues increased $51 million, or 3.2%, as compared to the first quarter of 2025, primarily due to improvements in room revenues driven by strong leisure transient demand, coupled with increased out-of-room spend driving food and beverage and other revenues. In addition, $26 million of revenu…
increased 4.4% for the quarter, primarily due to an increase in average room rates of 3.9%, and a slight increase in occupancy compared to the first quarter of 2025, reflecting strength in both transient and group business.
Text removed vs the prior filing · source: 10-Q · 2025-11-07
•future U.S. governmental action to address budget deficits through reductions in spending and similar austerity measures, as well as the impact of the U.S. government shutdown which began on October 1, 2025, all of which could materially adversely affect U.S. economic conditions, business activity,…
Total revenues increased $12 million, or 0.9%, and $255 million, or 6.0%, for the third quarter and year-to-date 2025, respectively, as compared to 2024. For the quarter, growth was moderate as continued strength in transient rates was mostly offset by weakness in group demand. Year-to-date, strong …
Comparable hotel Total RevPAR increased 0.8% and 3.7% for the third quarter and year-to-date of 2025, respectively, compared to 2024. For the quarter, the growth was led by our Atlanta, Maui and Oahu markets, with increases of 20.1%, 18.6% and 10.4%, respectively, compared to the third quarter of 20…
For the third quarter and year-to-date 2025, operating profit margin under GAAP was 7.6% and 14.7%, respectively, a decline of 260 basis points and 220 basis points compared to the same periods in 2024, primarily due to a $24 million and $92 million decrease in net gains on insurance settlements rec…
Net income increased $79 million and $41 million for the quarter and year-to-date 2025, respectively, as recent acquisitions, improvements in operating results and a $122 million gain on asset sales in the third quarter offset the declines in net gains on insurance settlements noted above and increa…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-08
Chief Executive Officer and Chief Financial Officer have concluded that these disclosure controls and procedures are effective.
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