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GDG Company to Invest 11 million USD in Construction of Two Hotels in Tbilisi

GDG company will invest 11 million USD in construction of 2 hotels in Tbilisi. The company director Bezhan Tsakadze told Business Course that one hotel will open on Mtatsminda, Kipiani Street, near Mama Daviti Rise, another will open on the right bank of the river Mtkvari, nearby Vakhushti Bridge.

The project implementation will start in several days on Saburtalo, because the company has already obtained the construction license. As to another hotel, the final version of the project is being prepared, Bezhan Tsakadze said.

Both hotels will satisfy a 4-star classification. The company does not plan to invite international brands, but intends to transmit both hotels to Georgian companies for management.

“There are Georgian groups that can manage hotels perfectly. Therefore, I think of inviting  Georgian groups in management. I have neither experience in hotels management nor intention. My business is to carry our construction works”, Bezhan Tsakadze said.