Georgian Hotel Price Index Rose 7.1% in March 2021
Market · 22 April 2021 · 2 min

Georgian Hotel Price Index Rose 7.1% in March 2021

According to PMCG research, the price index for 3, 4 and 5-star hotels rose 6.9%, while guesthouse rates increased by 3.4%.

Georgia's hotel price index rose by 7.1% in March 2021 compared with February. Within that, the index for 3, 4 and 5-star hotels rose by 6.9%, while guesthouse rates increased by 3.4%, according to research published by PMCG.

Compared with 2019 and 2020

Measured against the same period in 2019, the hotel price index in March 2021 was down 8.1% — with 3, 4 and 5-star hotels down 9.7% and guesthouses down 10.7%. Compared with March 2020, however, the index was up 8.1%.

Average Rates in March 2021

  • 3-star hotel — GEL 124
  • 4-star hotel — GEL 219
  • 5-star hotel — GEL 332
  • Guesthouse — GEL 80

By region

For a standard double room in a 5-star hotel, the average rate was GEL 587 in Guria, GEL 436 in Tbilisi, GEL 295 in Adjara and GEL 293 in Kakheti.

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