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为好奇的投资者而做。

首页/MAR/申报文件变化

MAR 最新10-Q变化

将 MAR 最新的定期申报(10-K/10-Q)与上一份同类型申报逐章节对比:每个章节新增/删除的段落数与原文摘录。全部为确定性文本对比——无相似度评分、无方向判断、非投资建议。

对比:10-Q · 2026-11-02 与上一份 10-Q · 2026-08-03

章节结果新增删除微调未变
管理层讨论与分析文字有新增/删除+20−17~1417
市场风险(第3项)无段落级文字变化0001
控制与程序文字有新增/删除+1−2~10
法律诉讼无段落级文字变化0002
风险因素公司称无重大变化(指向 10-K)————
其他信息文字有新增/删除00~10

计数单位为段落;"新增/删除"指相对上一份文件新增/删除的文字,不含方向或好坏判断。

代表性摘录

每个章节最多 5 条、每条约 300 字符的原文摘录,直接来自两份 SEC 文件。

管理层讨论与分析

相对上期新增的文字 · 来源:10-Q · 2026-11-02

  • All statements in this report are made as of the date this Form 10-Q is filed with the U.S. Securities and Exchange Commission (the “SEC”). We undertake no obligation to publicly update or revise these statements, whether as a result of new information, future events or otherwise. We make forward-lo…
  • We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risks and uncertainties we describe in our Annual Report on Form 10-K for the fiscal year …
  • Form 10-K”); Part II, Item 1A of this report; and other factors we describe from time to time in our periodic filings with the SEC.
  • In the 2026 third quarter, worldwide RevPAR increased 6.5 percent, driven by ADR growth of 4.8 percent and occupancy improvement of 1.1 percentage points. In the 2026 first three quarters, worldwide RevPAR increased 4.8 percent, driven by ADR growth of 3.8 percent and occupancy improvement of 0.6 pe…
  • In our International regions, RevPAR increased 4.4 percent in the 2026 third quarter and 3.1 percent in the 2026 first three quarters. Performance in the Middle East improved meaningfully compared to the 2026 second quarter, although the ongoing conflict still negatively impacted the region during t…

相对上期删除的文字 · 来源:10-Q · 2026-08-03

  • All statements in this report are made as of the date this Form 10-Q is filed with the U.S. Securities and Exchange Commission (the “SEC”). We undertake no obligation to publicly update or revise these statements, whether as a result of new information, future events or otherwise. We make forward-lo…
  • report based on the beliefs and assumptions of our management and on information available to us through the date this Form 10-Q is filed with the SEC. Forward-looking statements include information related to our development pipeline; our expectations regarding rooms growth; our expectations regard…
  • We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risks and uncertainties we describe in our Annual Report on Form 10-K for the fiscal year …
  • In the 2026 second quarter, worldwide RevPAR increased 3.4 percent, primarily driven by ADR growth of 3.5 percent. In the 2026 first half, worldwide RevPAR increased 3.8 percent, primarily driven by ADR growth of 3.3 percent. RevPAR growth was strong across all of our regions, except for Middle East…
  • In our International regions, RevPAR decreased 0.5 percent in the 2026 second quarter and grew 2.0 percent in the 2026 first half. Performance was negatively impacted by the conflict in the Middle East, which resulted in a sharp decline in RevPAR in our Middle East & Africa region beginning in March…

控制与程序

相对上期新增的文字 · 来源:10-Q · 2026-11-02

  • There were no changes in internal control over financial reporting during the 2026 third quarter that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. As part of our worldwide technology systems transformation, we are updating our con…

相对上期删除的文字 · 来源:10-Q · 2026-08-03

  • controls and procedures were effective and operating to provide reasonable assurance that we record, process, summarize, and report the information we are required to disclose in the reports that we file or submit under the Exchange Act within the time periods specified in the rules and forms of the…
  • We made no changes in internal control over financial reporting during the 2026 second quarter that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

如何读 10-Q 的风险因素(第 1A 项)

10-Q 的风险因素章节有三种常见形态,本页按其一分类展示:

  • 指向(pointer) — 公司仅声明"无重大变化"并指向年度 10-K 的完整风险因素;本季没有自己的风险文本可对比。
  • 部分更新(partial) — 公司写明"除下述外无重大变化",只更新部分风险;摘录展示的正是本季新增的内容。
  • 全文重述(restated) — 本季重新给出完整风险因素。若上一季只是"指向",则无法逐段对比,本页会将其标为"本季全文重述"。

这只是对文件结构的客观描述,不构成对风险高低的判断。

数据来自 SEC EDGAR 两份申报文件的文本级对比 · 确定性计算(无 AI 生成内容)· 仅供参考 · 非投资建议

MAR 更多分析

MAR 全览MAR 量化评级MAR 公允价值(DCF)MAR 同业对比MAR 营收历史MAR AI 深度研报