February 23, 2010 - 01:36 PM ET

The U.S. hotel industry in January posted year-over-year declines in average daily rate (7.1 percent to $93.93); occupancy (0.4 percent to 45.1 percent); and revenue per available room (7.4 percent to $42.35) , according to Smith Travel Research. During the month, occupancy increased significantly in the luxury segment, by 9.4 percent to 57.2 percent, while there were moderate increases in the upper upscale segment (5.4 percent to 56.1 percent) and the upscale segment (4 percent to 53.1 percent).