Georgia

Georgia
Investment Perspectives
Fast Growing number of international visitors
International Visitors Inflow, mln
5.35
5.5
5.9 mln
2.6 mln visitors in 6m 2016
(y/y increase 12.9%)
4.9
2.8
2011
2012
2013
Mln visitors
Top 5 Countries by Arrivals in 2015
Armenia
1.4
Azerbaijan
1.4
1.3
Turkey
0.9
Russia
Ukraine
0.14
2014
2015
Inflow of visitors in
Georgia by 2025 (Georgian
Tourism Development
Strategy)
Citizens of 97 countries can travel to Georgian without visa, including:
 OECD countries
 EU
 CIS countries
2016
11 million
POTENTIAL LOCATIONS
DESCRIPTION
Opportunities in Tourism Sector
“SUN-BEACH”
RESORTS
WINTER SKI
RESORTS
Expansion of summer “sun and
beach” franchise focusing on
high and mid segments
Master development of winter
resorts with unique profile
equivalent to the Alps
Four season resort
value preposition
Development of Spa
Resorts
Development of
large-scale
integrated casino
complex to serve
regional markets.
 All inclusive summer resorts
 New master resort
development
 Government is fully
committed to provision of
basic infrastructure
 Majestic landscapes allowing
for a wide range of summer
tourism activities such as
trekking, horse riding, bird
watching and river racing
 Include hotels, different
types of clinics, fitness,
outdoor activities
 Include hotels, casino
entertainment, family
services and shopping
 Fiscal incentives available
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 Tskaltubo
 Akhtala
 Other locations
Batumi
Gonio
Anaklia
Kobuleti
Other Black Sea locations
 12 000 historical and cultural monuments
Mestia
Gudauri
Bakuriani
Goderdzi
MOUNTAIN
RESORTS
Mestia
Gudauri
Bakuriani
Goderdzi
Kazbegi
Other locations
SPA RESORTS
REGIONAL
CASINO CITIES
 2400 spring of mineral waters  103 resorts and 182 resort areas; 84 protected areas  UNESCO heritage cites
3
Hotel market in Georgia
Existing and upcoming supply in Tbilisi hotel market 2013-2018F
19577
17544
5481
5036
13605
20000
15000
13898
13045
12038
10025
Existing and upcoming supply in in Batumi hotel market 2013-2017F
10716
8782
15000
10000
6357
5967
8955
8025
5000
0
210
234
243
2013
2014
2015
247
257
262
2016 F
2017 F
2018 F
7079
5706
10000
4028
3207
2553
4915
6240
5000
87
116
135
141
147
2013
2014
2015
2016 F
2017 F
0
Number of Accomodation units
Number of Rooms
Number of beds
Occupancy rates in Tbilisi (2015)
80
72 %
Accomodation units
Number of rooms
Number of beds
Upcoming Brand Hotel in Georgia
65 %
60
49 %
40
20
0
International Brands
Source: Colliers International
Local upscale and Middle class
Local Budget/Economy Class
4
Tbilisi Profile
Population
1 175 200
Population Density
2 398.4 person/sq.km
City Area
490 sq. km
Number of Local
Hotels
More than 200
Number of
International Brand
Hotels
Existing: Radisson, Tbilisi Marriott, courtyard
Marriott, Holiday Inn, Apart'hotel Citadines, Best
Western Tbilisi, Sheraton Metekhi Palace, Mercure,
Hotels & Preference.
Upcoming: Park Inn by Radisson, Millennium,
Rixos, Intercontinental, Hyatt Regency, Moxy,
Kass.
Infrastructural
facilities
Tbilisi International Airport, Tbilisi Railway Station,
Underground.
Theme Park Development
The Government of Georgia intends to select an investor for the development of
multifunctional leisure area in the Krtsanisi Park territory, Tbilisi, Georgia. The area
should include destination park with high class rides, attractions and appropriate
services on – site.
Land Area: 7 252 113 sq.m.
Usable area for construction: 1 162 925 sq.m.
Land owner: State
City Center
Distance to the Railway
station 20 km
Airport
PROJECT ADVATAGES
 Untouched parkland environment that has huge Development potential.
 Proximity to the city center and all main transport infrastructure.
 Absence of regional entertainment destination (theme park, destination park, etc.).
 Access to the market with 40 million consumers within 500 km area.
Park Territory
Usable area
for construction
Park territory
Theme Park Territory
Average Daily Sunshine in Tbilisi
Average Temperature °C in Tbilisi
7
-2
8
-1
13
19
8
3
31
28
23
20
16
12
31
Average High Temp °C
26
20
20
15
10
13
4
8
0
10
8
6
4
2
0
8.3
3.2
3.6
4.6
5.7
8.3
6.9
8
6.9
5.3
3.4
Average Law Temp °C
Avg. daily hours
Average rainfall days in Tbilisi
Country Distances
15
Turkey
10
5
6
6
8
12
13
12
9
10
0
9
11
9
7
40 km
Azerbaijan
Armenia
Avarage Rainfall days
3
Gonio, Batumi profile
Population
154,000
City Area
64.9 sq. km
Number of
accommodations
More than 100
Number of
International
Brand Upscale
and Midscale
Hotels
Infrastructural
Facilities
Gonio
Existing: Radisson, Sheraton, Hilton, Divan.
Upcoming: LeMeridien, Swissotel, Courtyard
Marriott, Rooms Hotel, etc.
Batumi International Airport, Batumi Railway Station,
Batumi Sea Port
Gonio which is one of the oldest inhabited areas of
Georgia is located on the south part of Batumi city.
The first settlements in Gonio appeared in VIII-VII
B.C.
Old Gonio territory is famous with its merged
historical architecture, the Gonio fortress, stony
beaches and admirable landscapes.
Land Plot
Location
Gonio Development
The Government of Georgia intends to select an investor to develop
314 HA state-owned territory in the Best possible manner that
comprises both commercial viability of the project and sustainable
growth of Georgian economy.
Distance to: Batumi International Airport – 5 minutes
Batumi City Center – 10 minutes
Turkish border – 10 minutes
Basic Requirements for the Project Development
Concept
Principles of sustainable development, environmentally
friendly economy and green landscape design.
Public structures/area should occupy no less than 30% of the
territory.
Residential area should not exceed 10% of the whole project
and should not be located on the first line (from seashore) of
the development.
The Government of Georgia undertakes:
 Construction and connection of engineering and municipal
infrastructure (roads, sewerage, water, support of electricity,
communications and network, support of gas) up to the land
territory.
 Planning and construction of the bridge for vehicles across the Black
Sea.
Gonio Feasibility Study and Development concept was prepared by Colliers International in Association with HOK. However, Government of Georgia is open discuss any
adjustments to the concept/different development concept.
Tskaltubo - Medical and Wellness Spa Resort
Tskaltubo is a well-known medical resort and
destination in the Imereti region, in the West of
Georgia.
Famous Brand in CIS countries, served market of 300
mln people. Tskaltubo is rich of unique thermal curative
waters.
Land: 79 ha
Buildings: 203,370 m2
Ownership: 100% State
Tskaltubo
Russia
6
Mestia
2
9
Note: The Feasibility study and general master plan of the resort was conducted by the
Austrian company “Kohl &Partners”.
8
4
3
10
Poti
Kutaisi
12
Tbilisi
16
13
13
15
18
Batumi
5
Turkey
MRN
Railway
14
Armenia
Azerbaijan
1
Distance
Investment field
• 16 buildings under privatization
• Total hotels build up area 220 000 m2
• Investment volume USD 700-800 mln
• Development term 10 years
11
19
Kulevi
Black
Sea
17
7
• Kutaisi (international airport)– 20 minutes
• Tbilisi – 3.5 hours
• Batumi – 2 hours
10
Contact Person:
Ms. Nino Tsetskhladze
[email protected]