Business
Posted: 3 years ago

First Hotel of Hilton Brand in Tbilisi Tries to Minimize Damage

The first hotel of Hilton brand in Tbilisi tries to minimize damage. As the head of the project implementing company, Redix Group, Lasha Papiashvili notes, the construction works of the hotel are already completed, but there is no point in opening it in the middle of a pandemic.

"It's better to not work at all, rather than working with a small load since it costs less. Now, there is no point in opening the hotel. It is a brand hotel and is oriented to incoming tourists.

We can not fully shut down heating and cooling, so we have to cover the gas cost. Plus security services and several people who make detours. This cost is ten times less than opening the hotel with a $20 load in current circumstances.", declared Papashvili.

The date for opening the hotel was changed several times. The first hotel of the Hilton brand was to open first in February 2020 and then in March.

The total price of the investment is $31 million.