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Special Report

June 15, 2018

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economics

    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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