{"scope": "industry", "title": "Lodging", "sector": "Consumer Cyclical", "industry": "Lodging", "intelligence": {"score": 66, "label": "Accumulation bias", "tone": "positive", "stance": "Watch for market confirmation", "brief": "Priced common-share acquisitions carry more weighted evidence than disposals after freshness, role, size, and duplicate controls.", "confidence": 83, "confidence_label": "Deep evidence", "filings": 145, "companies": 7, "insiders": 67, "signal_events": 82, "acquisition_events": 31, "disposal_events": 51, "acquisition_share": 37.8, "disposal_share": 62.2, "acquisition_value": 4312667.1178, "disposal_value": 67031582.9382, "net_value": -62718915.8204, "acquisition_value_label": "$4.3M", "disposal_value_label": "$67.0M", "net_value_label": "-$62.7M", "data_quality": 57, "priced_common_share": 57, "latest_date": "2026-08-05", "latest_signal_date": "2026-08-05", "oldest_date": "2026-05-15", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 132, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 8, "bar_width": 6.1}, {"key": "derivative", "label": "Options and derivatives", "count": 2, "bar_width": 1.5}, {"key": "other", "label": "Other securities", "count": 3, "bar_width": 2.3}], "roles": [{"label": "Director", "count": 83, "bar_width": 100.0}, {"label": "Other or unspecified", "count": 39, "bar_width": 47.0}, {"label": "CEO and chair", "count": 13, "bar_width": 15.7}, {"label": "Large holder", "count": 5, "bar_width": 6.0}, {"label": "Other executive", "count": 3, "bar_width": 3.6}, {"label": "Finance leadership", "count": 2, "bar_width": 2.4}], "supports": ["31 distinct acquisition events survive duplicate and security-type controls.", "Participation spans 67 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 05 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 11, "disposals": 13, "qualified_acquisitions": 2, "qualified_disposals": 11, "total": 24, "height": 100.0, "acquisition_height": 45.8, "disposal_height": 54.2}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 4, "disposals": 14, "qualified_acquisitions": 4, "qualified_disposals": 12, "total": 18, "height": 75.0, "acquisition_height": 22.2, "disposal_height": 77.8}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 0, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 2, "height": 8.3, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 4, "disposals": 9, "qualified_acquisitions": 1, "qualified_disposals": 8, "total": 13, "height": 54.2, "acquisition_height": 30.8, "disposal_height": 69.2}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 0, "disposals": 5, "qualified_acquisitions": 0, "qualified_disposals": 4, "total": 5, "height": 20.8, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 10, "disposals": 0, "qualified_acquisitions": 2, "qualified_disposals": 0, "total": 10, "height": 41.7, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 10, "disposals": 0, "qualified_acquisitions": 10, "qualified_disposals": 0, "total": 10, "height": 41.7, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 10, "disposals": 0, "qualified_acquisitions": 10, "qualified_disposals": 0, "total": 10, "height": 41.7, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 2, "height": 8.3, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "peers": [{"label": "Recreational Vehicles", "score": 75, "confidence": 89}, {"label": "Home Improvement Retail", "score": 75, "confidence": 75}, {"label": "Auto Manufacturers", "score": 73, "confidence": 86}, {"label": "Lodging", "score": 66, "confidence": 83}, {"label": "Personal Services", "score": 64, "confidence": 80}, {"label": "Textile Manufacturing", "score": 57, "confidence": 50}, {"label": "Residential Construction", "score": 52, "confidence": 94}, {"label": "Furnishings, Fixtures & Appliances", "score": 50, "confidence": 92}, {"label": "Apparel Manufacturing", "score": 50, "confidence": 90}, {"label": "Restaurants", "score": 49, "confidence": 92}, {"label": "Footwear & Accessories", "score": 48, "confidence": 88}, {"label": "Homebuilding & Construction Supplies", "score": 46, "confidence": 55}, {"label": "Auto & Truck Dealerships", "score": 45, "confidence": 95}, {"label": "Leisure", "score": 45, "confidence": 92}, {"label": "Apparel Retail", "score": 43, "confidence": 90}, {"label": "Specialty Retail", "score": 42, "confidence": 91}, {"label": "Auto Parts", "score": 41, "confidence": 91}, {"label": "Travel Services", "score": 34, "confidence": 88}, {"label": "Luxury Goods", "score": 32, "confidence": 70}, {"label": "Packaging & Containers", "score": 27, "confidence": 95}, {"label": "Resorts & Casinos", "score": 25, "confidence": 93}, {"label": "Internet Retail", "score": 24, "confidence": 96}, {"label": "Gambling", "score": 24, "confidence": 75}, {"label": "Department Stores", "score": 14, "confidence": 70}], "leaders": {"constructive": [{"symbol": "WH", "name": "Wyndham Hotels & Resorts Inc", "score": 81, "confidence": 91}, {"symbol": "CHH", "name": "Choice Hotels International Inc", "score": 78, "confidence": 86}, {"symbol": "INTG", "name": "The Intergroup Corporation", "score": 78, "confidence": 36}, {"symbol": "MAR", "name": "Marriott International Inc", "score": 72, "confidence": 50}], "cautious": [{"symbol": "H", "name": "Hyatt Hotels Corporation", "score": 21, "confidence": 95}, {"symbol": "HLT", "name": "Hilton Worldwide Holdings Inc", "score": 28, "confidence": 55}], "active": [{"symbol": "H", "name": "Hyatt Hotels Corporation", "score": 21, "confidence": 95}, {"symbol": "CHH", "name": "Choice Hotels International Inc", "score": 78, "confidence": 86}, {"symbol": "WH", "name": "Wyndham Hotels & Resorts Inc", "score": 81, "confidence": 91}, {"symbol": "MAR", "name": "Marriott International Inc", "score": 72, "confidence": 50}, {"symbol": "INTG", "name": "The Intergroup Corporation", "score": 78, "confidence": 36}, {"symbol": "HLT", "name": "Hilton Worldwide Holdings Inc", "score": 28, "confidence": 55}, {"symbol": "CVEO", "name": "Civeo Corp", "score": 50, "confidence": 31}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}