Investors' Interest in Georgian Winter Resorts Increased
 
News ArchiveSeptember 26, 2014

The interest of investors in  winter resorts of Georgia has increased. Newly built  "Orbi Palace" hotel  starts operation this  season while in the  next season "Redko" company will open its hotel in Bakuriani.

According to the Government’s project, the artificial snow machines will be installed in Gudauri and Bakuriani that will increase the number of tourists and the duration of the holiday season. Companies respond to  increased demands respectively.

"Orbi Palace" hotel, recently built in Bakuriani, consists of  90 rooms. Hotel prices have not yet been established.

 Customers can  purchase space in "Orbi Palace". The minimum area is  25 square meters and selling prices range within  USD 800 - 1 500. 

The hotel will offer various types of services to consumers such as a fitness club, swimming pool, guide service, ski equipment, children’s entertainment center, etc.

 The company says that their hotel  has no rivals in terms of service quality and   location. The hotel will operate not only in winter but in the summer season.

The construction company "Redko" has already begun construction of a 4-storey aparthotel. Hotel-style apartments is being built not far from Didveli near the gondola cableway.

 As for the  projects planned  in Gudauri, only "Redko" is presented in this winter resort. However, "Orbi" also plans to build a hotel. The  company explains that the project will be developed in one month and further details will be announced. 

 "Redko" will complete the construction of another apart-hotel in December while  the company's third project will be finished in  2015. Nearly in a year and a half, the company also plans to build a hotel.



Source:commersant.ge