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+995 595 11 88 22
Company Formation Georgia



Opportunities in the Hotel Industry in Georgia

Written by: Editor

The accommodation sector in Georgia is gradually developing, offering a wide range of accommodation units for visitors. Investors who want to open a company in Georgia should know that since the beginning of 2018, 18 new hotels were opened, which accounts for 1,624 beds and 812 suites. In order to open a hotel in this country, the investors will have to obtain specific business licenses and permits and our team of specialists in company formation in Georgia can advise on this matter, as well as on other related aspects. 

Types of accommodation units in Georgia 

The accommodation sector in Georgia is generally represented by mid-range hotels, which refer to units that are accessible in terms of costs and which do not provide high-class services. As a general rule, Georgia offers a high number of guesthouses that can be found in both rural and urban areas. 
A guesthouse can be a family house or an apartment in which the visitors can receive basic accommodation services. Although the country has numerous guesthouses, the market has also high-class hotels, known at a global level. Our team of consultants in company registration in Georgia can provide in-depth information on the legal requirements applicable to opening a 5 stars hotel

Characteristics of the hotel market in Georgia 

According to the Georgian National Tourism Administration (GNTA), the most developed regions in this sense are Tbilisi and Batumi, some of the most important cities in the country, where visitors can find guesthouses, hostels, mid-range and high-class hotels. 
As mentioned earlier, Georgia added 18 new hotels to its accommodation sector and most of the construction projects were concluded in the country’s capital city. It is also important to know that 52 new accommodation units are currently being built in Tbilisi and other massive construction projects are developed in the following regions: 
Adjara – 40 hotels;
Guria – 29 hotels
Businessmen are invited to contact our team of specialists for more details on the registration of an accommodation unit; our representatives can provide counselling services regarding the taxes that are imposed to this type of business.