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Special Report

September 17, 2018

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economics

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

    PMCG

    - In August 2018, the hotel price index increased only by 0.01% compared to July 2018;

    - In August 2018, the daily rates for standard double hotel rooms increased the most in Guria (7.6%), while the hotel prices decreased mostly in Samtskhe-Javakheti (-1.6%);

    - In August 2018, the 3-star, 4-star and 5-star hotel price index decreased by 0.9% compared to July 2018;

    - In Guria the 3-star, 4-star and 5-star hotel price increased by 18.4%, such price increase was primarily due to 3-, 4- and 5-star hotel price increases in Ureki;

    - In August 2018, in Tbilisi, the 3-star, 4-star and 5-star hotel prices decreased by 0.3% compared to July 2018;

    - In August 2018, the average cost of a room in each category was as follows: 3-star hotel room – 147 GEL per night; 4-star hotel room – 253 GEL; 5-star hotel room – 455 GEL; guesthouse room – 74 GEL.

    AVERAGE HOTEL PRICES

    In Georgia, the average cost of a room1 in a 3-star hotel was 147 GEL per night in August 2018.


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