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by Michael J. Shapiro | February 10, 2010

Smith Travel Research reported mixed results in U.S. hotel performance for the last week in January. Occupancy was up by 1.9 percent, to 48.8 percent, compared with the previous year. Depressed rates continue, however, as the average daily rate dropped 5.6 percent, to $94.92, and revenue per available room fell 3.8 percent, to $46.31. When broken down by chain scale segments, four of the seven reported occupancy increases: luxury was up 12.4 percent, upper upscale by 10 percent, upscale by 6.2 percent and independent by 0.6 percent.