A third of hotels have been sold or are put for sale due to the crisis - the Tourism Research Center
 
News ArchiveMay 18, 2021
A third of hotels have been sold or are put for sale due to the crisis - the Tourism Research Center"

A third of the hotels and accommodation facilities will not open at all, some have already been sold, some are in the process of sale and have been appropriated by the bank," the head of the Tourism Research Center says. According to Alexander Giorgadze, the research is underway, but according to preliminary data, the crisis has affected the winter resorts the most."At the end of 2020, when the hotels were allowed to resume operation, 30% of the them didn’t open. Unfortunately, it is still difficult to say complete data. The study is still ongoing, although preliminary data shows that a third of the hotels and accommodation facilities will not open. if we speak in numbers, 30-40% of hotels have opened, the rest stopped operating or were sold.

Source: commersant.ge
https://commersant.ge/en/post/a-third-of-hotels-have-been-sold-or-are-put-for-sale-due-to-the-crisis-the-tourism-research-center