The hotel business joins "Produce in Georgia" program which will cover  all the regions.

Recall that this year  a hotel component is planned to be enacted  within the framework of "Produce in Georgia" program. The Minister of Economy and Sustainable Development of Georgia Giorgi Kvirikashvili stated a few days ago.

Economic Development Minister Giorgi Kvirikashvili announced a promotion for the hotel business. 

According to Giorgi Tsikolia, the Entrepreneurship Development Agency, the Agency is working on the project and further details will be announced in the near future.

Tsikolia says  that the meetings are being held with the representatives of the hotel industry, as well as the financial sector and all the partner organizations which will be involved in this program.

In his words, in  the initial phase the program will apply only to the regions, as the hotel market in the capital is well developed. In the frames of the program, new hotels will be developed while operating  hotels will be expanded.

Hotel business considers the government’s idea the way of ??survival of their business. Hotel owners in the regions say if the government supports them  in developing  the hotel business, it  will automatically develop tourism in the country.

George Gorjiladze, Director of "Premier" hotel in Bakuriani, says his business really needs to be developed. I cannot do this with my own resources , if the government helps  to  expand and gives a long-term low-interest loan, it will be good.

Lali Sozashvili,  Director of "Caucasian House" hotel in Signaki, hails  the idea to support ??the hotel business. She owns a family hotel for 10 years, but has failed to expand as planned.

In the words of Neli  Japaridze, Director of "Neli" hotel, the hotel has been operating  for  7 years, but she has never had a relationship with the bank. She notes that  the banking institutions give out loans at high interest rates, which is unacceptable for entrepreneurs.

Japaridze will certainly use a preferential loan issued by the state.

Source:commersant.ge