16.10.2013. Radisson hotel will be completed in Gudauri by the end of the year. Technological Development Fund implementing the project informs that the project cost is 8 million GEL and the hotel will be able to receive tourists in the upcoming winter season.
The Fund’s representative states that a lawsuit in relation to this project is being carried out in parallel in court. It’s about the 2 million 600 thousand GEL dispute with the Genesis company, which is constructing the hotel. According to the Fund, company did not fulfill its obligation. The Fund won the court in the first instance but Genesis appealed the decision in the Court of Appeal.
Source
The Fund’s representative states that a lawsuit in relation to this project is being carried out in parallel in court. It’s about the 2 million 600 thousand GEL dispute with the Genesis company, which is constructing the hotel. According to the Fund, company did not fulfill its obligation. The Fund won the court in the first instance but Genesis appealed the decision in the Court of Appeal.
Source
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