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Georgia Loses Azeri Tourists - Manat Depreciation Deals Another Blow to the Georgian Tourism Industry

Georgia Loses Azeri Tourists – Manat Depreciation Deals Another Blow to the Georgian Tourism Industry

A currency crisis in Azerbaijan creates serious problems for the ski resorts of Georgia.

CBW has learnt about the lack of Azeri tourists in Bakuriani and Gudauri resorts  that deals  a significant blow to  the Georgian tourism industry, especially in winter. Traditionally, 80-90% of the visitors in Bakuriani were tourists from Azerbaijan and the guesthouses revenues were mainly dependent on the visitors from the neighboring country. This year, the hotels interviewed by CBW are talking about the decline in tourist numbers from Azerbaijan caused by the depreciation of the  manat by nearly  50%.