Hotel Price Index (October 2019)
16-Dec-2019
In October 2019, in Georgia the hotel price index3 decreased by 5.9% compared to September 2019. The 3-star, 4-star and 5-star hotel price index decreased by 5.9%, while for guesthouses, the price index decreased by 6.2%.
Hotel Price Index (September, 2019)
28-Oct-2019
In Georgia, the average cost of a room1 in a 3-star hotel was 145 GEL per night in September 2019. While the average cost of a room in a 4-star hotel in Georgia was 227 GEL per night and the average cost of a room in a guesthouse2 was 73 GEL per night.
Hotel Price Index (August , 2019)
19-Sep-2019
In Georgia, the average cost of a room1 in a 3-star hotel was 151 GEL per night in August 2019. While the average cost of a room in a 4-star hotel in Georgia was 230 GEL per night and the average cost of a room in a guesthouse2 was 75 GEL per night.
Hotel Price Index (July 2019)
30-Aug-2019
In Georgia, the average cost of a room in a 3-star hotel was 148 GEL per night in July 2019. While the average cost of a room in a 4-star hotel in Georgia was 224 GEL per night and the average cost of a room in a guesthouse was 73 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in July 2019 was 482 GEL per night. In Tbilisi, the average price was 588 GEL, followed by Adjara – 453 GEL, and Kakheti - 399 GEL and Samstkhe-Javakheti - 380 GEL.
Hotel Price Index (June, 2019)
19-Jul-2019
In Georgia, the average cost of a room in a 3-star hotel was 137 GEL per night in June 2019. 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 76 GEL per night. The average cost of a room in a 5-star hotel in Georgia in June 2019 was 448 GEL per night. In Tbilisi, the average price was 618 GEL, followed by Samstkhe-Javakheti - 417 GEL, Adjara – 384 GEL, and Kakheti - 369 GEL.
Hotel Price Index (May, 2019)
21-Jun-2019
In Georgia, the average cost of a room1 in a 3-star hotel was 128 GEL per night in May 2019. While the average cost of a room in a 4-starhotel in Georgia was 219 GEL per night and the average cost of a room in a guesthouse2 was 76 GEL per night.The average cost of a room in a 5-star hotel in Georgia in May 2019 was 494 GEL per night. In Tbilisi, the average price was 612 GEL,followed by Adjara – 479 GEL, Samtskhe-Javakheti - 375 GEL, and Kakheti - 375 GEL.
Hotel Price Index (April, 2019)
27-May-2019
In Georgia, the average cost of a room 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 guesthouse 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.
In April 2019, in Georgia the hotel price index 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%. In April 2019, compared to April 2018, 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%.
Hotel Price Index (March, 2019)
22-Apr-2019
In March 2019, in Georgia the hotel price index increased by 5.1% compared to February 2019. The prices of hotels in Tbilisi increased by 4.2%. In March 2019, compared to February 2019, the increase of hotel prices in Georgia, can be linked to increased number of tourists trips, as the number of international travelers trips in Georgia increased by 31.9%, while among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 32.6%.
In March 2019, compared to March 2018, in Georgia the hotel price index increased by 1.1%. The number of international travelers in March 2019, compared to March 2018, increased by 6.4%, while among the international travelers the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 4.3%.
It has to be noted that 2018 was the first year, when share of nights spent by the international travelers in hotels exceeded the share of nights spent in friends and relatives house. In Georgia, in 2018, by international travelers, the highest share of nights were spent in hotels - 39.6%, 26.5% of nights were spent in friends and relatives house, while in guesthouses - 12.7% and in apartment - 11.7%.
In Tbilisi, among the 3-star hotels registered on booking.com website the highest share of prices ranges between 50-150 GEL, for 4-star hotels 150-300 GEL, while for guesthouses - 0-150 GEL
Hotel Price Index (February, 2019)
14-Mar-2019
In February 2019, in Georgia the hotel price index decreased by 1.7% compared to January 2019. In Tbilisi, the hotel prices decreased by 1.9%. The decrease of hotel prices in Georgia, can be linked to decreased number of tourists' trips. In February 2019, compared to January 2019, the number of international travelers trips in Georgia decreased by 11.2%, while among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) decreased by 19%.The number of international travelers visiting Georgia in February 2019, compared to February 2018, decreased by 0.4%. However, of these international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 5.1%. This was expected to have a positive effect on hotel price increases, however in February 2019, compared to February 2018, in Georgia the hotel price index decreased insignificantly by 0.4%. This was mainly due to price decreases of guesthouses. While, the 3-star, 4-star and 5-star hotel price index increased by 2.2%, for guesthouses, the price index decreased by 2.9%.It's worth to be mentioned that the revenue from international travelers amounted 3.2 billion USD in 2018. According to countries, the most revenue from international travelers was received from Russia - 26.3% (USD 842 mln), followed by Turkey - 13.7% (USD 437 mln), and EU countries - 12.3% (USD 394 mln). In 2018, compared to 2017, the shares of revenues from internationals travelers from Turkey, Ukraine, Armenia and Iran decreased, while shares of Russia, EU countries and Iran increased.
Hotel Price Index (January, 2019)
25-Feb-2019
In January 2019, in Georgia the hotel price index decreased by 3.9% compared to December 2018. Among ten regions of Georgia and Tbilisi, in January 2019, compared to December 2018, the hotel prices increased only in Racha (1.3%). In Tbilisi, hotel prices decreased by 4.2%. In January 2019, compared to…