New Hotel ''Monarch'' Opened in Batumi with ₾12 Million Investment

"Ins Group" opened a new 4-star hotel "Monarch" with an investment of 12 million GEL in Batumi.

The 60-room hotel operating on Melashvili Street has been hosting local and foreign vacationers for 1 month, although its official opening ceremony was held yesterday. The hotel combines a restaurant for 60 people and a conference space for 70 people.

As the founder of the company, Gia Lominadze, told BM.GE, the occupancy rate of the hotel is high and foreign visitors predominate among the guests.

"We have been receiving guests for a month and most of them are Israeli and Saudi Arabia citizens. Bookings are gradually coming in from European countries, Turkey and Russia. Visitors stay for 1 week considering the active summer season.

In a standard room for 2 people, the cost of accommodation with breakfast is 90-100 dollars in July, and from August it will reach 110 dollars,'' noted Gia Lominadze.

According to him, the hotel was opened with private investment and currently employs 30 people.

Last 7 Days Hot Topic

Business

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

Economy

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
02

Economy

New Hotel ''Monarch'' Opened in Batumi with ₾12 Million Investment

Last 7 Days Hot Topic

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

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
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06

Categories

Pages

New Hotel ''Monarch'' Opened in Batumi with ₾12 Million Investment

Last 7 Days Hot Topic

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

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 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

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

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
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06