Number of international travelers in Georgia decreased by 385 846 (-62.3%), compared to the same period previous year, while number of visitors decreased by 297 119 (-79%) and the number of tourists decreased by 184 320 (-56.1%). Net revenues from exporting tourism services in 2019 amounted 3267.7 mln USD, which accounts for 18.4% of Georgian GDP. In March 2020, compared to February 2020, hotel price index increased by 5.1%, which can be explained by a market failure. In March 2020, compared to the same period of 2019, hotel price index decreased by 12.9%. The average price of 5-star hotels decreased by 43% Year over Year (YoY), while price for 4-star hotel fell by 18.1%, and for 3-star hotels and guesthouses by 5.8% and 3.3% respectively.

In February 2020 compared to February 2019, International visitor trips decreased by 0.6%. Among them, the number of tourists increased by 4%. On January 29th, Georgia suspended direct flights from China due to COVID-19, as a result, in February 2020, number of visitors from China decreased by 59.5% compared to February 2019. In February 2020, compared to January 2020, hotel price index decreased by 23.2%. In February 2020, compared to the same period of 2019, hotel price index decreased by 14.6%. In terms of regions, the prices decreased the most in Adjara (-28.8%), followed by Guria (-25.5%), Samtskhe-Javakheti (-16.9%) and Tbilisi (-11.6%).

Number of international visitors has increased by 18% in December 2019 and January 2020 combined, compared to December 2018 and January 2019 combined. Average annual growth rate of international visitor trips in December and January combined between years 2014-2019 was 8%. Average annual growth rate of international visitor trips in June, July and August combined between years 2014-2019 was 9%. Average price of hotels in Gudauri and Bakuriani in January 2020 was 207 and 206 GEL respectively, and 195 GEL in Mestia. In January 2020, compared to December 2019, hotel price index increased by 4%. In January 2020, compared to the same period of 2019, hotel price index increased by 8.6%.

In December 2019, in Georgia the hotel price index3 increased by 9.1% compared to November 2019. The 3-star, 4-star and 5-star hotel price index increased by 6.4%, while for guesthouses, the price index increased by 13.9%.

In November 2019, in Georgia the hotel price index decreased by 6.4% compared to October 2019. The 3-star, 4-star and 5-star hotel price index decreased by 6.0%, while for guesthouses, the price index decreased by 9.4%.

In Georgia, the average cost of a room1 in a 3-star hotel was 138 GEL per night in October 2019. While the average cost of a room in a 4-star hotel in Georgia was 215 GEL per night and the average cost of a room in a guesthouse2 was 69 GEL per night.

In September 2019, in Georgia the hotel price index1 decreased by 3.5% compared to August 2019. The 3-star, 4-star and 5-star hotel price index decreased by 3.8%, while for guesthouses, the price index decreased by 4.4%.

In August 2019, compared to August 2018, hotel prices in Georgia decreased by 2.4%. The prices of 3*, 4*, 5* hotels decreased by 5.3%, while the prices of guestouses increased by 3.1%

In July 2019, compared to July 2018, hotel prices in Georgia decreased by 6.5%. The prices of 3*, 4*, 5* hotels decreased by 8.7%, while the prices of guestouses decreased by 2.8%. In July 2019, compared to July 2018, the number of international travelers trips in Georgia increased by 5.8%, and among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 1%.

In June 2019, compared to June 2018, hotel prices in Georgia decreased by 2.9%, this was mainly due to the prices of 3*, 4*,5* hotels. The prices of 3*, 4*, 5* hotels decreased by 7.3%, while the prices of guestouses increased by 9.9%. In June 2019, compared to June 2018, the number of international travelers trips in Georgia increased by 19.9%, and among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 18%.