Tbilisi (GBC) – Galt&Taggart published a report. According to the document, record high tourism revenues has been observed in 1H24.
In 1H24, tourist arrivals rose by 10.0% y/y to 2.1mn individuals, reaching 99.8% of the levels seen in 1H19.
Consequently, tourism revenues increased by 5.2% y/y, hitting a record high of US$ 1.9bn in 1H24.
“We project tourism revenues to reach US$ 4.3bn for 2024, up from US$ 4.1bn in 2023”, - G&T said.