Hotel profitability increased to $3.81 billion in December 2019, which was higher than December 2018 by 11.4 percent. Year-over-year growth in hotel profitability was driven by increased hotel room rates and higher average daily room rates, according to STR's comment per Available Room (RevPAR) and Revenue per Available Room (RevPAR) Forecast. [5th](https://www.google.com/) Blog Post Date: January 24, 2019
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Hotel profitability increased to $3.81 billion in December 2019, which was higher than December 2018 by 11.4 percent. Year-over-year growth in hotel profitability was driven by increased hotel room rates and higher average daily room rates, according to STR's comment per Available Room (RevPAR) and Revenue per Available Room (RevPAR) Forecast. [5th](https://www.google.com/) Blog Post Date: January 24, 2019