MAY: Average Hotel Prices in Georgia and Hotel Price Index
In Georgia, the average cost of a room1 in a 3-star hotel was GEL 137 per night in May 2018. The most expensive 3-star hotels in May in Georgia were found in Tbilisi (exceeding the average price by 15%).
The average cost of a room in a 4-star hotel in Georgia in May was GEL 232 per night. The most expensive 4-star hotels in May were in Tbilisi (exceeding the average price by 13%).
The average cost of a room in a 5-star hotel in Georgia in May 2018 was GEL 399 per night. In Tbilisi, the average price was GEL 610, followed by Kakheti- 358 GEL, Samtskhe-Javakheti-GEL 354, and Adjara-GEL 269.
In May 2018, the average cost of a room in a guesthouse2 in Georgia was GEL 72 per night. The highest daily rates for guesthouses like previous months were found in Kvemo Kartli and Guria.
In terms of apartments, on Airbnb in Georgia among self-governing cities the highest average cost of an apartment in May was recorded in Batumi-US$48, followed by Tbilisi-$44, Poti-$42, Kutaisi-$28 and Rustavi-$20.
Hotel Price Index
In May 2018, the hotel price index3 increased by 0.9% compared to April 2018. The daily rates for standard double hotel rooms increased mostly in Adjara (6.5%), while the daily rates decreased the most in Kakheti region (8.1%).
In May 2018, compared to April 2018 the number of international travelers increased by 6.1%, of these international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 29.4%4.
The 3-star, 4-star and 5-star hotel price index increased by 2% in May 2018 compared to April 2018. In these types of hotels, the highest price increases were recorded in Adjara, whereas the prices for standard double hotel rooms decreased the most in Mtskheta-Mtianeti compared to the previous month.
For guesthouses, the price index decreased by 1.8% in May 2018 compared to April 2018. Among regions, in this type of accommodation, the biggest percentage price increase for standard double rooms was recorded in Guria, the biggest percentage price decrease in Kakheti region.
Number of visits made by inbound visitors by region
The National Statistics office of Georgia has published the breakdown of the monthly average number of visits made by inbound visitors aged 15 and older for each region. The results are based on a survey of inbound visitors conducted at border checkpoints. In the first quarter of 2018, the regions of Tbilisi, Adjara and Mtskheta-Mtianeti were the three most popular destinations for inbound visitors.
In the first quarter of 2018, compared to first quarter of 2017, the monthly average number of visits made by inbound visitors aged 15 and older increased in every region except Kvemo Kartli, which recorded a decrease of 12%. Although, it has to be noted that, during the first quarters in the last four years, the number of visits made in Kvemo Kartli by inbound visitors is quite high. This can partially be explained by the borders with Armenia and Azerbaijan. Many of the visits to this region are from people from neighboring Armenia and Azerbaijan who are visiting family members5.
In the first quarter of 2018, compared to the first quarter of 2017, the number of inbound tourists increased significantly in Imereti (by 66%) and Mtskheta-Mtianeti (by 47%).
Of all visits to Georgia in the first quarter of 2018, only 3.4%were recorded in Samegrelo-Zemo Svaneti, Guria, Racha-Letchkhumi and Shida Kartli regions combined.
