|Irakli Gurchiani, the founder of "Toyota Center Tbilisi'' starts construction of a 5-star hotel in 2020 after the launch of Hotel "Gistola".
As Gurchiani said at BM.GE, the five-star, 150-room 4-storey hotel's total investment cost is 10 million euros. The completion of the construction is planned in 2022.
The name of the hotel is not known yet.
"Hotel business is quite promising in Georgia, if there is stability. We have a 30-40% increase in tourism every year," Gurchiani said.