Thursday, October 6, 2016

Georgia’s PM Kvirikashvili Introduces Tourism Development Fund

06.10.2016. Georgian Prime Minister Giorgi Kvirikashvili announced at an official presentation Tuesday that the country’s Co-Investment Fund will establish a USD 680 million Tourism Development Fund for eight large-scale projects in Tbilisi, Guria, Ajara and Samegrelo (Megrelia).

Kvirikashvili said he hopes the Fund will mark a major turning point in the development of Georgia’s tourism sector.

"Georgia has a great deal of potential when it comes to promoting the tourism industry. We can’t spare any effort in becoming a distinct destination on the global tourism map…Awareness and interest towards Georgia are growing on a daily basis and setting up the Tourism Development Fund is a very timely step towards achieving this goal,“ Kvirikashvili said.

The Prime Minister also announced that a multifunctional retail and tourism complexes would be constructed near Tbilisi’s central Freedom Square, Sololaki Ridge and Tabor Mountain.

Tuesday, October 4, 2016

20% more tourists visit Georgia this year, exceeds 4 million

04.10.2016. Tourism is growing in Georgia and the country is reaping the benefits of billions of dollars coming into the local economy from international tourism.

So far this year almost five million foreign guests have enjoyed the sights and sounds Georgia has to offer.

Today head of Georgia’s National Tourism Administration (GNTA) Giorgi Chogovadze summed up activities of the tourism sector during the first nine months of 2016.

Between January and September 2016 the number of tourists who visited Georgia increased by 19.5 percent, while the number of international travellers had increased by 8.6 percent year-on-year (y/y).

In the first nine months of the year Georgia hosted 4,879,031 international visitors (tourists, transit, other). Of this number 2,156,731 were tourists, said Chogovadze.

Between January and September 2016 the most international visitors came from: