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Investor to Spend 12 million GEL on Arranging 120-Suite Hotel in Akhtala Resort

Akhtala recreational resort complex has been sold for 3.76 million GEL. Global Victory Georgia purchased the complex at the electronic auction of National Agency of State Property.

The investor plans to spend 12 million GEL on arranging 120-suite hotel complex. The project calls for arranging indoor and outdoor swimming pools, restaurants, rehabilitation and recreational centers, parking place for at least 50 vehicles. At the same time, the investor should employ at least 50 persons at the complex.

This is the 20th facility sold as part of the project – Fifty Properties for Your Hotel. The project serves tourism infrastructure development. We remind you that real estates of more than 57 million GEL have been sold as part of this project and total investments in construction of hotels exceeded 121 million GEL.