Real Estate
Posted: 1 week ago

Number of room on Georgian Hospitality Market Increased by 8%

National Statistics Office of Georgia has issued a review on Georgian tourism industry. According to the review, the number of rooms in Georgian hotels has increased by 8% during the 2018. 

According to the declared data, in 2018, there were 1 541 economic entities1 working in hotel services in Georgia which owned 1 639 hotel and hotel-type enterprises (including local units and branches). This figure is 2.8 percent higher than in 2017. 

In 2018, the total area of the hotels and hotel-type enterprises in Georgia was 1 927.9 thousand square meters, which is 7.7 percent more than in 2017. Out of which it was leased 70.5 thousand square meters, and the living area of all rooms was 958.6 thousand square meters, which is 8.7 percent more than in the previous year. 

In 2018, the total number of places in hotels and hotel-type enterprises was 72.6 thousand, which is 8.4 percent higher than the same indicator of previous year. The total number of rooms increased by 8.2 percent and equaled to 33.2 thousand. 

In 2018, Georgia’s hotels and hotel-type enterprises served 3 666.1 thousand guests, which is 8.4 percent higher than the corresponding figure of the previous year. 71.3 percent of the guests were foreigners. Most of them (19.7 percent) were Russian citizens, which is 29.4 percent higher than in 2017. 

Most of the guests from the EU countries were citizens of Germany (23.2 percent) and Poland (19.5 percent), while the majority of guests from other countries were citizens of Turkey (20.9 percent) and Israel (18.8 percent). 

In 2018, hotels and hotel-type enterprises in Georgia mostly had guests for Holiday and Recreation (77.7 percent) by foreigners. 

The majority of foreign guests staying in hotels and hotel-type enterprises with the purpose of holiday and recreation were Russian and Turkish nationals (20.7 and 11.2 percent correspondingly). 

In 2018, 19 261 people were employed in hotels and hotel-type enterprises in Georgia, most of them were women (57.6 percent).