{
  "report_rows": [
    {
      "kpi": "FFO/share",
      "prediction": "IN-LINE",
      "answer": "pred ~$0.620 vs. cons $0.615",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Comparable RevPAR growth",
      "prediction": "BEAT",
      "answer": "pred ~4.6% vs. cons 4.19%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Adjusted EBITDAre",
      "prediction": "BEAT",
      "answer": "pred ~$525M vs. cons $517.7M",
      "confidence": "MEDIUM"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY26 Adjusted FFO/share",
      "prediction": "LOWER",
      "answer": "guide ~$2.10\u2013$2.16 vs. cons $2.152",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Comparable RevPAR growth",
      "prediction": "BETTER",
      "answer": "guide ~3.0%\u20134.5% vs. cons 2.51%",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY26 Adjusted EBITDAre",
      "prediction": "UNCHANGED",
      "answer": "guide ~$1.785B\u2013$1.835B vs. cons $1.814B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "3Q26 RevPAR commentary",
      "prediction": "BETTER",
      "answer": "guide ~2% low-single-digit growth vs. cons 1.81%",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -1.5,
  "day1_confidence": "LOW",
  "day5_residual_pct": -3.0,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "FOLLOW-THROUGH \u2014 maintained FY guide implies lower 4Q FFO",
  "day5_confidence": "LOW"
}