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Hotel Price Index Was Down In September In Georgia - PMC

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In Georgia, the average cost of a room in a 3-star hotel was 168 GEL per night in September 2023, while the average cost of a room in a 4-star hotel in Georgia was 268 GEL per night and the average cost of a room in a guesthouse was 124 GEL per night, - according to the report published by PMC Research Centre.

The average cost of a room in a 5-star hotel in Georgia in September 2023 was 495 GEL per night. In Guria, the average price was 780 GEL, followed by Tbilisi – 623 GEL, Kakheti – 514 GEL, and Adjara – 460 GEL.

In September 2023, in Georgia the hotel price index decreased by 6.2% compared to August 2023. The 3-star, 4-star, and 5-star hotel price index decreased by 6.6%, while for guesthouses, the price index decreased by 5.9%.

In September 2023, compared to September 2022, hotel prices in Georgia decreased by 10.0%. The prices of 3*, 4*, 5* hotels decreased by 9.8% and the prices of guesthouses decreased by 14.3%.

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