PMC Research Centre published a report on Outbound Tourism Dynamics for 2023. According to the document, in December 2023, in Georgia, the hotel price index increased by 10.9% compared to November 2023. The 3-star, 4-star, and 5-star hotel price index increased by 10.0%, while for guesthouses, the price index increased by 7.0%.
The monthly HPI was the highest in Samtskhe-Javakheti (25.1%) and the lowest in Samegrelo-Zemo Svaneti (0.0%).
In December 2023, compared to December 2022, hotel prices in Georgia decreased by 7.0%. The prices of 3*, 4*, 5* hotels decreased by 10.0% and the prices of guesthouses decreased by 5.5%.
The yearly HPI was the highest in Guria (19.6%) and the lowest in Tbilisi (-11.5%).
In Georgia, the average cost of a room in a 3-star hotel was 157 GEL per night in December 2023, while the average cost of a room in a 4-star hotel in Georgia was 253 GEL per night and the average cost of a room in a guesthouse3 was 123 GEL per night.
The average cost of a room in a 5-star hotel in Georgia in December 2023 was 407 GEL per night. In Kakheti, the average price was 547 GEL, followed by Tbilisi – 529, Guria – 409, and Adjara – 325.
