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What changed 10-K
Item 3. Legal Proceedings
2024-02-07 compared with 2023-02-09 · 1 added, 1 removed, 9 unchanged (18% of the section changed)
2 unchanged sentences
We recognize a liability when we believe the loss is probable and can be reasonably estimated.
−Removed: Most occurrences involving liability, claims of negligence and employees are covered by policies that we hold with solvent insurance carriers.
+Added: Most occurrences involving liability, claims of negligence and employees are covered by indemnification from third-party hotel owners and/or policies that we hold with solvent insurance carriers.
The ultimate results of claims and litigation cannot be predicted with certainty.
5 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.