Home Business Development HOTEL INDUSTRY

 

HOST IN GEORGIA

 

Entrepreneurs operating in the regions of Georgia can benefit from the Hotel Industry Incentive. According to the Government decision and based on the market demand the scheme was introduced to promote hospitality business across country, attract increasing number of tourists, create jobs and develop each region of Georgia.

The scheme promotes entrance of international hotel brands via franchise or management contracts by co-financing royalty fees.

 

 

 

 

 

 

 

  • INTEREST RATE CO-FINANCING
  • INTEREST RATE AND ROYALTY FEES CO-FINANCING
  • TECHNICAL ASSISTANCE

 

*Hotel Development/Expansion

  • 10% Interest Rate Co-financing for the first 2 years – loans in GEL
  • Minimum loan volume – GEL 200 000 
  • Maximum loan volume – GEL 2 000 000
  • Co-financing of consulting services

 

 

Project is implemented in all the regions of Georgia, except Batumi and Tbilisi

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