Cali, Colombia’s hotel industry saw record ADR and RevPAR during COP16, with unprecedented daily metrics on 28 October, according to CoStar.
WASHINGTON – The hotel industry in Cali, Colombia, posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record during the 16th UN Biodiversity Conference (COP16), according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
For 12 days, COP16 braught together more than 190 countries addressing the most pressing global challenges in biodiversity protection. With a record attendance of more than 21,000…
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