November: Average Hotel Prices in Georgia & Hotel Price Index

In Georgia, the average cost of a room in a 3-star hotel was 120 GEL per night in November 2018. The most expensive 3-star hotels in November in Georgia were in Samegrelo-Zemo Svaneti – 163 GEL.

The average cost of a room in a 4-star hotel in Georgia in November 2018 was 221 GEL per night. The most expensive 4-star hotels in November was found in Kakheti – 277 GEL.

The average cost of a room in a 5-star hotel in Georgia in November 2018 was 489 GEL per night. In Tbilisi, the average price was 608 GEL, followed by Adjara – 474 GEL, Kakheti – 368 GEL, and Samtskhe-Javakheti - 365 GEL.

In November 2018, the average cost of a room in a guesthouse in Georgia was 63 GEL per night. The highest daily rates for guesthouses were found in Guria – 110 GEL.

Hotel Price Index

In November 2018, in Georgia the hotel price index decreased by 11.2% compared to October 2018. The daily rates for standard double hotel rooms decreased the most in Tbilisi (-13.1%), Kakheti (-12.5%) and Shida Kartli (-12.5%).

Among ten regions of Georgia and Tbilisi, in November 2018, compared to October 2018, the hotel prices increase was not recorded in any of the regions.

The 3-star, 4-star and 5-star hotel price index decreased by 11.7% in November 2018, compared to October 2018. In these types of hotels, the highest price decreases were recorded in Tbilisi and Kvemo Kartli. In November 2018, compared to October 2018, the price increase of 3*, 4* and 5* hotels was not recorded in any of the regions.

For guesthouses, the price index decreased by 7.1% in November 2018, compared to October 2018. In this type of accommodation, the biggest percentage price decreases for standard double rooms were recorded in Kakheti and Shida Kartli. In November 2018, compared to October 2018, the prices increase of guesthouses was not recorded in any of the regions. In Tbilisi the prices of guesthouses decreased by 4.4%.

In November 2018, compared to November 2017, in Georgia the hotel price index decreased by 0.1%. The daily rates for standard double hotel rooms decreased the most in Guria (-14.7%) and Kakheti (-13.6%). In Tbilisi, in November 2018, compared to November 2017, the overall price level of hotels decreased by 8.9%.

Among ten regions of Georgia and Tbilisi, in November 2018, compared to November 2017, hotel prices increased only in three regions of Georgia, Adjara, Mtskheta-Mtianeti and Samtskhe-Javakheti.

The 3-star, 4-star and 5-star hotel price index increased by 4.7% in November 2018, compared to November 2017. In these types of hotels, the highest price increases were recorded in Adjara (40.1%) and Samtskhe-Javakheti (20.6%). During this period, in Tbilisi, the prices of these types of hotels decreased by 10.8%.

In November 2018, compared to November 2017, for guesthouses, the price index decreased by 3.7%. In this type of accommodation, the biggest percentage price decreases for standard double rooms were recorded in Kakheti (-17.6%) and Kvemo Kartli (-13.4%). During this period, in Tbilisi the prices of guesthouses decreased 2.2%.

24 December 2018 18:06