Hotel business in Georgia: reality and prospects

2019/08/inx96-1567241620.jpg
Read: 1010     14:00     31 Август 2019    

From September 1, the state program to assist hotel owners in Georgia will start working

Hotel business in Georgia was considered one of the most profitable. Against the background of the growing number of tourists visiting the country, investment in the construction of new hotels and hostels has constantly grown. However, the events of the summer of 2019 cast doubt on the prospects of this direction.

How many hotels in Georgia

According to the national statistics service of Georgia ("Sakstat"), at the end of 2018 there were more than 1.6 thousand hotels in the country, which is 2.8% more than in 2017. At the same time, the country's hotels could accommodate 72.6 thousand people.

Ajara government plans to raise a billion dollars in a year and a half >>

Last year, hotels in Georgia took 2.6 million foreigners, one in five of whom was a Russian.

In anticipation of the promised growth in tourism, many hoteliers decided to expand in 2019 to accommodate more guests, but their plans were ruined.

How did it all start

Against the background of anti-Russian actions in Tbilisi, Moscow on July 8 interrupted direct flights with Georgia, and Russian tour operators stopped accepting applications for travel to Georgia.

After the cancellation of flights and sales of tours to Georgia in Russia, the Georgian authorities announced the failure of the tourist season, as the first six months of Russia was the leader in the number of tourists and their number grew every month. The Federation of hotels and restaurants of Georgia said that losses in Georgia after Russian sanctions could reach 2.1 billion gel (about 706.6 million dollars).

Georgian authorities believe that the country will lose 1 million tourists from Russia by the end of 2019.

According to July data, the number of visits from Russia to Georgia in July 2019 decreased by 6.4%.

sputnik-georgia.ru





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Hotel business in Georgia: reality and prospects

2019/08/inx96-1567241620.jpg
Read: 1011     14:00     31 Август 2019    

From September 1, the state program to assist hotel owners in Georgia will start working

Hotel business in Georgia was considered one of the most profitable. Against the background of the growing number of tourists visiting the country, investment in the construction of new hotels and hostels has constantly grown. However, the events of the summer of 2019 cast doubt on the prospects of this direction.

How many hotels in Georgia

According to the national statistics service of Georgia ("Sakstat"), at the end of 2018 there were more than 1.6 thousand hotels in the country, which is 2.8% more than in 2017. At the same time, the country's hotels could accommodate 72.6 thousand people.

Ajara government plans to raise a billion dollars in a year and a half >>

Last year, hotels in Georgia took 2.6 million foreigners, one in five of whom was a Russian.

In anticipation of the promised growth in tourism, many hoteliers decided to expand in 2019 to accommodate more guests, but their plans were ruined.

How did it all start

Against the background of anti-Russian actions in Tbilisi, Moscow on July 8 interrupted direct flights with Georgia, and Russian tour operators stopped accepting applications for travel to Georgia.

After the cancellation of flights and sales of tours to Georgia in Russia, the Georgian authorities announced the failure of the tourist season, as the first six months of Russia was the leader in the number of tourists and their number grew every month. The Federation of hotels and restaurants of Georgia said that losses in Georgia after Russian sanctions could reach 2.1 billion gel (about 706.6 million dollars).

Georgian authorities believe that the country will lose 1 million tourists from Russia by the end of 2019.

According to July data, the number of visits from Russia to Georgia in July 2019 decreased by 6.4%.

sputnik-georgia.ru





Tags: