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The Hotel Price Index Decreased In October

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Natia Taktakishvili
25.11.22 11:00
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In October 2022, in Georgia, the hotel price index decreased by 7.6% compared to September 2022, - according to the PMC Research Centre.

As of the document, the 3-star, 4-star and 5-star hotel price index decreased by 9.2%while for guesthouses, the price index decreased by 7.7%.

The monthly HPI was the highest in Samegrelo-Zemo Svaneti (2.0%) and lowest in Adjara (-19.9%) and Shida Kartli ( -14.6%).

In October 2022, compared to October 2021, hotel prices in Georgia increased by 13.2%. The Prices of 3*,4*,5* hotels increased by 9.7% and the prices of guesthouses increased by 40.3%.

The yearly HPI was the highest in Shida Kartli (51.1%) and Guria (26.5%) and the lowest in Kvemo Kartli (4.9%).

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