In June 2022, the average occupancy increased relative to June 2019 by 5 percentage points. In June 2022, average occupancy of Tbilisi’s
hotels exceeded occupancy of June 2019 by 2 pp and amounted to 73%, - according to TBC Capital.
As of the document, there is a significant increase in hotel occupancy in seaside region – occupancy reached 72% in Adjara, a 20 pp increase compared to June 2019. Kakheti continued to enjoy high occupancy levels as well.
"Throughout the winter season, some small and medium-sized hotels participating in our survey were closed. In June 2022, they slowly started to reopen. Their average occupancy rate is now low, 30%, but with the growth of the tourism industry, the occupancy rate is expected to rise. Average daily rate in large, brand hotels decreased by 14% in June relative to the same period in 2019. The decrease of ADR indicates hotels attempting to keep occupancy high", - TBC Capital reports.
