GE EN
Tourism
Georgian Tourists Spend GEL 539.4 million in 3Q2022

As of the report, the number of outbound visits by Georgian visitors from above-mentioned number made up 531.8 thousand, which is 3.3 times higher compared to the data from the same period of 2021.Outbound visitors have made 287.7 thousand tourist-type visits, which is 94.3% higher compared to the data from the same period of previous year. The majority of outbound visits, 48.9 percent, were made by the visitors of age group of 31-50 years. The number of visits made by women equaled to 48.7% of the total number of visits.The expenditures during the visits made in 3Q2022 equaled to GEL 539.4 million. Average expenditure on the visit amounted to GEL 1 014.1.

1669286520

Georgian Wine Forum was held in California

The three-day program of the fifth consecutive forum included the "Saperavi Festival", a Georgian wine tasting and a conference held at the Robert Mondavi Institute in Davis, with the participation of scientists, economists and wine professionals. Within the framework of the conference, the strategy of establishing Georgian wine in the US market, the marketing potential of Georgian wine in the US market, the key elements of the strategy for increasing the export of Georgian wine and other issues were discussed."Saperavi Festival" was held at the Consulate General of Georgia in San Francisco and was hosted by Master Sommelier Taylor Parsons. He presented Saperavi wines produced by different companies to the guests of the event, wine professionals and representatives of the wine trade. 

1669025820

Turkish-German SunExpress airline to start operating in Georgia next s...

tamar Archuadze, director general of the United Airports, said starting June 3, SunExpress would offer flights between Tbilisi and Izmir, while flights from Ankara and Antalya would start on June 5 and 15.The airline will offer flights between the Georgian capital and the three cities of Türkiye five times a week.Georgian deputy economy minister Mariam Kvrivishvili said  the state body would continue talks with “leading airlines” to bring more of them into the domestic airline market.

1668772680

Turkish-German airline SunExpress will start operating in Georgia from...

The airline will fulfill flights from Tbilisi International Airport to three cities in Turkey: Ankara, Antalya and Izmir. The Ministry of Economy disseminates information about this.October was the first month after the covid-pandemic, when the number of flights in Georgia exceeded the indicators of the same period of 2019. Flights were performed with a frequency of 384-395, which represents an increase of 5%.In total, in 10 months of 2022, Georgian airports served 3,716,700 passengers, which is 85 percent more than in 2021, and the recovery rate compared to 2019 was 81 percent.

1668684840

Revenues from international travel decreased by 10%

According to the income received from international travelers, Russia takes the first place in October. During this period, revenue of $114.5 million was recorded from Russian visitors, which was 34% of total revenue.The table shows the Top 5 countries and their share of total revenues for October:

1668620773

28% Of Visits Were Made From Russia In The Country In Q3

The number of visits2 by international visitors3 from above-mentioned number made up 1.9 million, which is 2.6 times higher compared to the data from the same period of 2021.In the III quarter of 2022 the number of international visitors equaled to 1.6 million that is 2.5 times higher compared to the data from the same period of previous year. In the reporting period, international visitors have made 1.5 million tourist-type visits, which is 2.2 times higher compared to the data from the same period of previous year. The chart below shows the distribution of visits made by international visitors by the type of visit.78.7 percent of international visitors were only tourists. The share of excursionists amounted to 17.3 percent, while 4.0 percent of visitors were both tourists and same-day visitors.In 3Q2022, the largest number of visitors (443.6 thousand visitors) was from Russian Federation, which amounts to 27.7 percent of total number of visitors. On second place is Armenia with 15.3% share and on third place – Turkey with 13.7% share. Correspondingly, the largest number of visits were made by the citizens of Russian Federation (533.2 thousand), Armenia (326.0 thousand) and Turkey (281.3 thousand).

1668405780

Badagoni and Askaneli Brothers are included among the top five wine ex...

The five largest wine exporters of this period look like this: SS Badagon; Bolero & Company Ltd.; GVMT Group LLC; Askaneli Brothers LLC; Dugladze Wine Company LLC.The exporters of January-September 2021 looked like this: SS Badagon; JSC Tbilghvino; JSC Kotekhi-Gurjaani Wine Factory; Askaneli Brothers LLC; Kakhuri traditional winemaking LLC.

1668145920

Badagoni increases its profit and remains in the top five exporters

The company increases the sales value by 23.3% to 33.3 million GEL, therefore the company registers a total profit of 14.5 million GEL.In 2021, Badagoni increases the salaries of employees by 24.3% and fixes 5 million GEL.The company increases its capital to 31.3 million GEL, and its assets to 59.2 million GEL.Badagoni was founded in 2003 and its activity is the production and sale of wine.Badagoni was recorded in the top 5 wine exporting companies both for January-September 2022 and for the same period of 2021.The five largest wine exporters for January-September 2022 look like this: SS Badagon; Bolero & Company Ltd.; GVMT Group LLC; Askaneli Brothers LLC; Dugladze Wine Company LLC.The exporters of January-September 2021 looked like this: SS Badagon; JSC Tbilghvino; JSC Kotekhi-Gurjaani Wine Factory; Askaneli Brothers LLC; Kakhuri traditional winemaking LLC.

1668145860

Passenger Flow Recovered by 117% At Tbilisi Airport In October

As of the company, Batumi International Airport served 52,536 passengers in October 2022, which was 17% more than the same month last year, and 11% more than the same period of 2019.

1667566859

The number of Russian visitors also increased in October

In October 2021, this figure was 29,159 people.As of the number of international visitors, Russia is on the 1st place among the top 10 countries in October 2022, followed by Turkey with 81,033 visitors, and Armenia - with 72,877 visitors.In October, a total of 344,595 international tourist visits took place in Georgia, the increase compared to the same period of 2021 is +82.6%. Compared to the same period of 2019, 78.5% of international tourist visits have been recovered.In 10 M2022, 4,391,082 international travelers visited Georgia, compared to the same period of 2021, the increase was 188.5%. Compared to January-October 2019 data, the recovery rate of international travelers' visits was 54.8%.In 10 months, 3,048,728 international tourist visits took place in Georgia, compared to the period of January-October 2021, the increase is 137.9%. Compared to the same period of 2019, the recovery rate of international tourist visits is 68.8%.

1667556120