Monthly Tourism Update

Average Hotel Prices

In Georgia, the average cost of a room1 in a 3-star hotel was 123 GEL per night in April 2019. While the average cost of a room in a 4-star hotel in Georgia was 215 GEL per night and the average cost of a room in a guesthouse2 was 70 GEL per night.

The average cost of a room in a 5-star hotel in Georgia in April 2019 was 484 GEL per night. In Tbilisi, the average price was 525 GEL, followed by Adjara – 473 GEL, Samtskhe-Javakheti - 368 GEL, and Kakheti - 367 GEL.

According to Airbnb, In April 2019, among the Black Sea Countries the lowest price for an apartment was recorded in the capital of Bulgaria, Sofia – 40 USD, while the highest price was recorded in Moscow – 100 USD. Among the capitals of other Black Sea countries the price distribution were the following: Tbilisi – 42 USD, Bucharest – 44 USD, Istanbul – 48 USD, and Kiev – 91USD.

Hotel Price Index

In April 2019, in Georgia the hotel price index3 increased by 2.2% compared to March 2019. The 3-star, 4-star and 5-star hotel price index increased by 0.5%, while for guesthouses, the price index increased by 5%.

It has to be noted that In April 2019, compared to March 2019, the number of international travelers trips in Georgia increased by 4.6%, while among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 6.1%4.

Regardless the fact that in April 2019, compared to April 2018, the number of international travelers trips in Georgia increased by 4.6%, and among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 4.2%, the hotel prices in Georgia decreased by 1.8%.

This was mainly due to price decreases of 3*, 4* and 5* hotels. In Georgia in April 2019, compared to April 2018, the prices of 3*, 4* and 5* hotels decreased by 2.9%, while the prices of guesthouses increased by 1.9%.

International Travelers’ Expenditure in Georgia

In Georgia, in the first quarter of 2019, the expenditure spent by international travelers on accommodation amounted USD 101.8 mln, while the average expenditure per visit – 228.9 GEL5. In the given period, the expenditure on accommodation amounted 25.7% of total expenditure spent by international travelers in Georgia. These indicators are accordingly 1.5% and 2.6% lower compared to the first quarter of 2018.

It has to be noted that in the first quarter of 2019, compared to the first quarter of 2018, the number of international travelers increased by 2.2%, while among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 5.1%. Although international travelers from 20 high spender countries decreased by 0.5%6. The decreases were recorded from Iran, Qatar, Turkey, Armenia and United Arab Emirates accordingly by 56.5%, 18%, 15.7%, 4.8%.