Average Hotel Prices in Georgia & Hotel Price Index: April

Check out the latest updates below.

• The 3-star, 4-star and 5-star hotel price index increased by 3.4% in April 2018, compared to March 2018;

• The prices for guesthouses increased by 6% in April 2018, compared to March 2018;

• According to Airbnb, in April 2018, looking at the capital cities of Georgia and its neighboring countries1 the cheapest apartments were found in Ankara (on average US$35 per night), while the most expensive were found in Moscow (on average US$130 per night);

• On Airbnb, in April the average price of an apartment in Tbilisi was US$44 per night, while in Georgia as a whole it was US$45 per night;

• According to the Georgian National Tourism Administration, during 2016-2017 the highest number of accommodation units2 were opened in Guria, with a total of 30 units.

Average Hotel Prices

In Georgia, the average cost of a room3 in a 3-star hotel was GEL 136 per night in April 2018. The most expensive 3-star hotels in April in Georgia were in the Mtskheta-Mtianeti region (exceeding the average price by 20%).

The average cost of a room in a 4-star hotel in Georgia in April 2018 was GEL 234 per night. The most expensive 4-star hotels for this month were found in Tbilisi (exceeding the average price by 16%).

The average cost of a room in a 5-star hotel in Georgia in April 2018 was GEL 394 per night. In Tbilisi, the average price was GEL 615, followed by Kakheti- 357 GEL, Samtskhe-Javakheti-GEL 304, and Adjara-GEL 291.

In April 2018, the average cost of a room in a guesthouse4 in Georgia was GEL 75 per night. The highest daily rates for guesthouses were found in Kvemo Kartli and Guria for this month.

In terms of apartments, on Airbnb in Georgia, the average cost of an apartment in April was US$45 (110 GEL). For tourists, when comparing Georgia and its neighboring countries, the cheapest prices for apartments were found in Georgia. Apartments in this area are most expensive in Russia-US$ 134, followed by Azerbaijan-US$ 53, Turkey-US$ 50 and Armenia-US$ 49 (all prices average per night). Looking at the capital cities of Georgia and its neighboring countries, the average prices for apartments are cheapest in Ankara-US$ 35 and the most expensive are in Moscow-US$ 130. The average price of apartments in Tbilisi was US$44, while in Yerevan it was US$49, and in Baku it was US$54.

Hotel Price Index

In April 2018, the hotel price index5 increased by 4.2% compared to March 2018. The daily rates for standard double hotel rooms increased mostly in Tbilisi (6.3%), while the daily rates decreased the most in Mtskheta-Mtianeti region (4.1%).

Notably, the number of international travelers in April compared to March increased by 3.1%, although of these international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) decreased by 4.8%6.

The 3-star, 4-star and 5-star hotel price index increased by 3.4% in April 2018 compared to March 2018. Similar to March, in these types of hotels, the highest price increases were recorded in Tbilisi and Adjara. The prices for standard double hotel rooms decreased the most in Mtskheta-Mtianeti compared to the previous month.

For guesthouses, the price index increased by 6% in April 2018 compared to March 2018. In this type of accommodation, the biggest percentage price increase for standard double rooms was recorded in Tbilisi.

Accommodation Units Statistics 2016-2017

According to the Georgian National Tourism Administration, during the last two years, 2016 and 2017, among 10 regions of Georgia and Tbilisi, the highest number of accommodation units2 were opened in Guria, with a total of 30 units. It is also worth noting that there are also currently 32 new accommodation units under construction in Guria.

During 2016-2017, the quantity of opened accommodation units increased notably in Adjara and Tbilisi. Contrastingly, in Kvemo Kartli and Shida Kartli there were almost no new accommodation units opened, with two in the former and one in the latter.

According to the given data, in 2016-2017 no new accommodation units were opened in Racha-Lechkhumi and Kvemo Svaneti, whereas in 2018 only one accommodation unit has been opened so far. Currently, three accommodation units are under construction in this region.