Israeli Investors to Resume a 21 - storey Hotel Project in Kutaisi
 
News ArchiveApril 11, 2014

Kutaisi City Hall hopes that the current  talks regarding the construction of  high- class hotels "Sheraton " and "Radisson " in the city will be productive.

 

Head of  Urban Planning  Department of Kutaisi City Hall Andro Marjanishvili  says that well-known brands have not yet made a decision, but the architect does not exclude the possibility that the agreement will be reached.

 

"All investors will invest large sums of money in the case of the acceptable environment for them. Kutaisi really needs high-end hotels. As you know, the city has an airport but doesn’t have hotels suitable for travelers,"- Marjanishvili notes. In his words, the city government is actively working in this direction.

 
Commersant.ge got in touch with "Sheraton" office in Tbilisi, where they have no information about the negotiations with the Kutaisi City Hall.

Sourse:commersant.ge

 

At the same time, "Commersant"  has leant that  the construction of a 5 - star hotel, which was suspended,  is again on the agenda.

 

It’s about  the construction of a high-class  21 - storey hotel in front of the new construction of Kutaisi Parliament  instead of a four-storey building. The minority members named the initiative on Parliament’s return to Tbilisi a reason for the termination of the project.

 

Georgian representation of the Israeli company claims that the only reason for the suspension is a disagreement between the parties. The Jewish party partner Nata Kvantaliani says the project is still in force and is expected to be carried out, although Kvantaliani refrains from disclosing additional details at this stage. According to her, in the case of development of tourism infrastructure, the entry of upscale hotel brand is quite realistic.