HOSPITALITY AND REAL ETATE
Real Estate and Hospitality are one of the fastest growing sectors of Georgian Economy. Over the recent years Georgia has seen a dynamic growth of international visitors, in 2015 the number of international visitors reached 5.9 million while the population of Georgia is 3.7 million people. Number of international tourists’ arrivals is expected to grow by 8-10% during the next five years (Source: Colliers International Georgia, Hospitality & Real Estate Sector Research 2015).
The upcoming major resort development projects include an exclusive 315 ha sun-beach resort Gonio on the Black Sea and a unique SPA & balneal destination Tskaltubo.
Already-operational international hotel chains include Sheraton, Radisson, Marriot, Rixos, Holiday Inn, Millennium, Best Western, etc. Most international hotel chains in Georgia are positioned in the higher segment, there is untapped potential to develop mid class hotel brands.
Number of International International Traveler Trips 2017
Countries by Visitors in 2017