2 unchanged sentences
Based upon that evaluation, our Managing Trustees, our President and Chief Investment Officer and our Chief Financial Officer and Treasurer concluded that our disclosure controls and procedures are effective.
−Removed: There have been no changes in our internal control over financial reporting during the quarter ended March 31, 2023 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: There have been no changes in our internal control over financial reporting during the quarter ended June 30, 2023 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Warning Concerning Forward-Looking Statements
2 unchanged sentences
These forward-looking statements include, among others, statements about:
−Removed: the pending TA Merger and related transactions, including our expected lease amendments, cash proceeds and credit quality of TA following the TA Merger;
economic and market conditions and their potential impacts on us, our hotel managers and our tenants;
15 unchanged sentences
• Our ability to pay interest on and principal of our debt,
−Removed: • Risks and conditions to the consummation of BP’s acquisition of TA and the amendments of our lease and guaranty arrangements with TA,
• Our ability to acquire properties that realize our targeted returns,
11 unchanged sentences
• The ability of our manager, RMR, to successfully manage us,
−Removed: • Actual and potential conflicts of interest with our related parties, including our Managing Trustees, TA, Sonesta, RMR and others affiliated with them,
+Added: • Actual and potential conflicts of interest with our related parties, including our Managing Trustees, Sonesta, RMR and others affiliated with them,
• Our qualification for taxation as a REIT under the IRC,
14 unchanged sentences
All persons dealing with Service Properties Trust in any way shall look only to the assets of Service Properties Trust for the payment of any sum or the performance of any obligation.
−Removed: Part II Other Information
+Added: Other Information
There have been no material changes to risk factors from those we previously disclosed in our 2022 Annual Report.
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.