5-Star Hotel Planned for Georgia’s Kakheti Region
TSINANDALI, Georgia- A 5-star Radisson Blu Hotel with international standards will be in built in Tsinandali, a village in eastern Georgia’s Kakheti region.
The hotel will be constructed near the former home of Alexander Chavchavadze, a 19th-century Romantic poet, aristocrat, and general. He is widely considered one of Georgia's greatest literary figures.
The estate is situated close to the regional capital Telavi, 79 kilometers east of Tbilisi. The Kakheti region is the heart of Georgia’s viticulture, with hundreds of small and large-scale vineyards scattered throughout the countryside
The USD 30 million investment project between the Partnership Fund and the Silk Road Group was signed in Tsinandali on Sunday at an event dedicated to the 230th anniversary of Chavchavadze’s death.
The Partnership Fund will contribute USD 10 million to the hotel while the Swiss-registered Silk Road Group will fund the remaining USD 20 million.
The 120-room hotel will have conference halls, indoor and outdoor restaurants, as well as a spa, pool and fitness club.
According to the Head of the Partnership Fund, David Saganelidze will promote tourism development for Georgia’s wine industry.
“This will be the first branded hotel in the Kakheti Region…it will be able to service tourists who want to visit this brilliant, ancient region,” Saganelidze stated.
Georgia’s Economy Minister Dimitry Kumsishvili attended the signing ceremony and noted that similar projects are critical to the development of the country’s regions.
The new hotel is scheduled to open in early 2018 and create more than 200 jobs in the Telavi district.
By Thea Morrison
Edited by Nicholas Waller