Hotel Price Index (December, 2024)
30-Dec-2024
In Georgia, the average cost of a room in a 3-star hotel was 154 GEL per night in December 2024, while the average cost of a room in a 4-star hotel in Georgia was 238 GEL per night and the average cost of a room in a guesthouse was 110 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in December 2024 was 444 GEL per night. In Mtskheta–Mtianeti, the average price was 928 GEL, followed by Tbilisi – 580 GEL, Kakheti – 568 GEL, and Samtskhe-Javakheti – 371 GEL.
Employment Tracker (November, 2024)
24-Dec-2024
Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market.
November marked the largest YoY decrease in 2024 in the total number of vacancies published on jobs.ge (-9%).
In November 2024, the total number of people receiving a monthly salary reached 1 million for the first time.
In Q3 of 2024, the labor market efficiency decreased as both the seasonally adjusted unemployment rate and the job openings rate increased.
Please refer to the full publication for more insights.
Quarterly Tourism Update (Q3, 2024)
18-Dec-2024
In Q3 of 2024, Georgia recorded 2.4 million international visits, marking a slight 2% rise YoY, primarily attributed to a 15% decrease in same-day trips, while overnight trips increased by 8%.
In Q3 of 2024, outbound visits declined by 7% YoY, possibly due to rising travel costs, particularly in Türkiye, the top destination for Georgian outbound visitors, where inflation led to a 68% YoY increase in hospitality costs.
Over two years, 125,000 people attended performances as part of the “Starring Georgia” series, while income generated from ticket sales amounted to GEL 21.4 million, with tourists contributing 16%.
Hotel Price Index (November, 2024)
05-Dec-2024
In Georgia, the average cost of a room in a 3-star hotel was 153 GEL per night in November 2024, while the average cost of a room in a 4-star hotel in Georgia was 232 GEL per night and the average cost of a room in a guesthouse was 111 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in November 2024 was 443 GEL per night. In Tbilisi, the average price was 612 GEL, followed by Kakheti – 548 GEL, Guria – 502 GEL, and Mtskheta–Mtianeti – 372 GEL.
Hospitality Sector in Georgia
26-Nov-2024
Georgia's hospitality industry benefits from country’s rich cultural and natural attractions. To support the growing interest in these offerings, Georgia has 3,198 registered accommodation providers, though most are smaller-capacity family hotels and guesthouses.
Since 2020, 238 new hotels have opened, and another 324 are planned by 2027, which will increase bed capacity by 130%. While Tbilisi and Adjara see the most growth, rural areas lag behind.
Key challenges include weak long-term planning, high operating costs for smaller businesses, and limited market diversification. For the sector to grow sustainably, the focus must shift to improving infrastructure, diversifying markets, and attracting high-value tourists.