WEHOST: Price of Renting Apartments Reduced by 70%

The coronavirus pandemic has significantly reduced revenues in the area of daily apartment rentals. The reason is the significant drop in the price of apartments.

"Daily apartment prices are about 30% compared to the initial. If one night the apartment cost 100 GEL, now its price is 30 GEL. Prices have dropped by about 70%.

It is difficult to predict how long such a situation will last. We will probably not be able to return to the starting position until the spring of 2021. This is how we organize the whole company, ”said Nika Anjaparidze, the founder of Wehost at Business Partner.

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WEHOST: Price of Renting Apartments Reduced by 70%

The coronavirus pandemic has significantly reduced revenues in the area of daily apartment rentals. The reason is the significant drop in the price of apartments.

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With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
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WEHOST: Price of Renting Apartments Reduced by 70%

The coronavirus pandemic has significantly reduced revenues in the area of ​​daily apartment rentals. The reason is the significant drop in the price of apartments.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

The coronavirus pandemic has significantly reduced revenues in the area of daily apartment rentals. The reason is the significant drop in the price of apartments.

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
02

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06