Revenue: $31.7 million, compared to $32.7 million in 4Q 2011
Analysis: Fourth-quarter revenue per available room grew 4.3 percent year over year to $41.20, driven by a 4.3 percent increase in average daily room rate of $80.53. Franchise revenue increased to $1.2 million from $1.1 million. But profitability in that segment was reduced by increased investment in sales and marketing, the company said.
