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Special Report: Economics
June 15, 2018

AVERAGE HOTEL PRICES IN GEORGIA AND HOTEL PRICE INDEX (MAY 2018)


PMCG

- The 3-star, 4-star and 5-star hotel price index increased by 2% in May 2018 compared to April 2018;

- For guesthouses, the price index decreased by 1.8% in May 2018 compared to April 2018;

- According to Airbnb, in May 2018, looking at the self-governing cities of Georgia the highest average cost of an apartment was recorded in Batumi – US$48;

- In the first quarter of 2018, compared to the first quarter of 2017, the number of inbound visitors increased significantly in Imereti (by 67%) and Mtskheta-Mtianeti (by 47%).

AVERAGE HOTEL PRICES

In Georgia, the average cost of a room1 in a 3-star hotel was GEL 137 per night in May 2018.

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© 2018 PMCG


Policy and Management Consulting Group (PMCG) is development consulting company, specializing in policy advising, capacity building, social infrastructure development, and corporate management. PMCG is primarily working in the regions of Eastern Europe, the Caucasus, Central Asia, the Middle East and Africa, with bilateral and multilateral development institutions, such as: USAID, European Commission, World Bank, UNDP, ADB, JICA and others.

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