2 unchanged sentences
As of December 31, 2022, we held ownership interests in 16 hotel properties that were included in our consolidated operations, which included direct ownership in 14 hotel properties and 75% ownership in two hotel properties through equity investments with our partner.
−Removed: Thirteen of our hotel properties are located in the United States and one is located in the U.S.
+Added: Fourteen of our hotel properties are located in the United States, one is located in Puerto Rico, one is located in the U.S.
Virgin Islands.
−Removed: Each of the 14 hotel properties is encumbered by loans as described in “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Indebtedness.”
+Added: As of December 31, 2022, all 16 hotel properties were encumbered by loans as described in “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Indebtedness.”
Hotel Properties
19 unchanged sentences
Los Angeles, CA 143 100 % 143 74.26 % 347.57 258.10
+Added: The Ritz-Carlton Reserve Dorado Beach (3)
+Added: Dorado, Puerto Rico 96 100 % 96 63.53 % 1,928.50 1,225.27
+Added: Four Seasons Resort Scottsdale (4)
+Added: Scottsdale, AZ 210 100 % 210 45.15 % 1,056.99 477.19
Ground Lease Properties (5)
4 unchanged sentences
Total 4,181 3,946 65.62 % $ 451.56 $ 296.30
−Removed: (1) The above information does not include the operations of ten condominium units not owned by The Ritz-Carlton Lake Tahoe.
+Added: (1) The above information does not include the operations of the voluntary rental program with respect to condominium units not owned by the Company.
(2) Includes 138 hotel rooms and five residences adjacent to the hotel.
−Removed: The results of the Mr.
−Removed: C Beverly Hills Hotel and the five adjacent luxury residences are included from August 5, 2021 through December 31, 2021.
+Added: (3) The above information does not include the operations of the voluntary rental program with respect to residential units not owned by the Company.
+Added: The results of the hotel are included from March 11, 2022 through December 31, 2022.
+Added: (4) The results of the hotel are included from December 1, 2022 through December 31, 2022.
(5) Some of our hotel properties are on land subject to ground leases, two of which cover the entire property.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.