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Hotel Prices Were Down In August In Georgia - PMC

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PMC Research Centre published a report on Average Hotel Prices and Hotel Price Index in Georgia. According to the document, in Georgia, the average cost of a room in a 3-star hotel was 166 GEL per night in May 2023, while the average cost of a room in a 4-star hotel in Georgia was 270 GEL per night and the average cost of a room in a guesthouse was 124 GEL per night.

The average cost of a room in a 5-star hotel in Georgia in May 2023 was 409 GEL per night. In Guria, the average price was 584 GEL, followed by Tbilisi – 515 GEL, Kakheti – 354 GEL, and Adjara – 369 GEL.

In May 2023, in Georgia the hotel price index increased by 12.0% compared to April 2023. The 3-star, 4-star, and 5-star hotel price index increased by 9.4%, while for guesthouses, the price index increased by 20.1%.

In May 2023, compared to May 2022, hotel prices in Georgia increased by 6.6%. The prices of 3*, 4*, 5* hotels increased by 2.8% and the prices of guesthouses increased by 19.4%.

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