New 5-Star Hotel Intercontinental to Open in Tbilisi by March 2017

TBILISI - The construction of a new USD 53 million Intercontinental Hotel in Tbilisi will end in March of the following year, Adjara Group announced.

The 210-room hotel will include seven different accommodation categories, including a presidential suite.

The Bank of Georgia, Adjara Group and the European Bank of Reconstruction and Development have signed a loan agreement worth USD 24 million for the construction of the hotel.

The hotel will also include exhibition and conference halls, several cafes and an indoor swimming pool, according to Adjara Group.

Adjara Group currently owns Rooms Hotel Tbilisi, Rooms Kazbegi and the Holiday Inn. The company is also building a 140-room Crown Plaza in Batumi, which is slated to open by mid-2017.

Photo: businesscontact.ge