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According to the 2025 tourism strategy, Georgia will receive 6.6 billion USD revenues from tourism sector by 2025, Mariam Kvrivishvili, head of National Tourism Administration, noted. Kvrivishvili introduced details of the new strategy and priority tourism products to the private sector representatives. The administration will be oriented on quality and not on quantity, Kvrivishvili said. …

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Sheraton Hotels & Resorts, part of Marriott International, has unveiled the transformation of the iconic Sheraton Grand Tbilisi Metechi Palace following a full-scale renovation. The property will now sit in the brand’s premier tier of hotels recognised for their enticing destinations, distinguished designs, exemplary dining and excellence in service and guest experiences. “Following a stunning …

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Coffee factory “Capsulo” from George Khmaladze Architects Studio was a nominee of Eu Mies Awards 2019. Factory was a nominee but it did not make in top 5 finalists of Eu Mies Awards. The winner of international competition will be announced in April 2019.  “Capsulo” is a Coffee production plant, office with small cafe and coffee …

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The National Bank of Georgia has released a silver collectible coin to mark the 100th anniversary of the founding meeting of the Democratic Republic of Georgia (Parliament). The founding council of the 1919 convocation was the first Georgian Parliament created in the history of Georgia as a result of the first multi-party democratic elections. The …

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Wine experts from Georgia – Irina Cholobargia, Head of Marketing and PR Department of the National Wine Agency, Ana Godabrelidze, chairman of the National Wine Agency’s tasting commission, were invited to the Berliner Wein Trophy” Jury. More than 1 400 wine producers from 41 countries have presented various products. The results will be known on …

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In Japan, a special website – georgia-homelandofwine.com was created in connection with the implementation of the project “Georgia – Homeland of Wine”. Ministry of Environment Protection and Agriculture disseminates this information. The website was developed with Sony Music Communication, the world’s largest company. Exhibition “Georgia – Wine Homeland” is held on the strategic market of Georgian wine …

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Kerten Hospitality, operator of international hotels has entered Georgia. According to BMG, two hotels will open in Tbilisi and Kvareli under the management of Kerten Hospitality in 2019 and 2020. Namely, a 17-suite hotel will open in Tbilisi and 80-suit hotel will open in Kvareli. “Kerten Hospitality is interested in Georgian tourism sector and besides …

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Fitch Ratings has upgraded Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB-‘. The Outlook is Stable. KEY RATING DRIVERS The upgrade of Georgia’s IDRs reflects the following key rating drivers: The Georgian economy proved resilient to negative developments in 2018. Economic growth remained robust, the currency was relatively stable and the National …

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Tbilisi will become the first location outside Italy to host a display of digital reproductions of works by Leonardo da Vinci next week, to mark 500 years since the death of the Italian Renaissance painter, architect and inventor. The Georgian National Museum has revealed it will join museums around the world in marking the date …

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