using potential of tourism in innovative financing
TRANSCRIPT
USING POTENTIAL OF TOURISM
IN INNOVATIVE FINANCING
GEORGIA IN INTERNATIONAL RANKINGS
Georgia has the region’s (Europe &Central Asia) highest ranking on the ease of doing business, at 15
among 189 economies worldwide
Georgia was also ranked 21st in the world in the Heritage Foundation’s “Index of Economic Freedom” in 2014 (ranking in 2013 was 26th), which measures the degree of freedom in business, trade and financing activities.
2009 2010 2011 2012 2013 2014 2015 11 Months
1,500,0492,031,717
2,822,363
4,428,2215,392,303
5,515,5595,431,723
35% 39% 57% 22% 2%
Source: The Ministry of Internal Affairs
Number of International
Travelers
STATISTICS OF INTERNATIONAL TRAVELERSCountry 2014 11
months2015 11 months
Change %
Armenia 1,180,778 1,317,125 +12%Turkey 1,344,702 1,291,649 -4%
Azerbaijan 1,173,104 1,277,796 +9%Russia 760,304 866,929 +14%
Ukraine 134,844 132,087 -2%Israel 40,800 56,702 +39%Poland 45,420 40,657 -10%
Germany 31,919 35,328 +11%Kazakhstan 26,725 34,726 +30%
USA 26,764 29,412 +10%Belarus 18,115 27,594 +52%
Iran 47,113 23,411 -50%
UK 17,717 18,399 +4%
Greece 20,031 17,891 -11%
United Arab Emirates 1,840 15,628 +749%
Positive Tendency from EU Countries : Hungary +80.9% Spain +25.2% Lithuania +17.0% Italy +13.7% Germany +10.7%
Top 15 Countries
Significant Increase Was Shown from the Countries Below :
Oman +1,103.2% United Arab Emirates
+749.3% India +124.6% Uzbekistan +98.2% Saudi Arabia +78.6%
Land Air Railway Sea4,3
65,9
11
606,8
87
66,7
37
40,5
78
4,6
18,9
10
717,7
90
58,9
53
36,0
70
2014 11 Months 2015 11 Months
+6%
+18% -12% -11%
International Arrivals by Border type
STATISTICS OF INTERNATIONAL TRAVELERS
Land86%
Air12%
Sea1%
Railway1%
Source: The Ministry of Internal Affairs of Georgia
5,080,1135,431,723
International Travellers
+6.9 % 2,083,148 2,123,514
Tourists
+1.9 %
STATISTICS OF INTERNATIONAL TRAVELERS
International Travelers and Tourists (2014-2015 January-November)
2007 2008 2009 2010 2011 2012 2013 2014 2015 I-II Q
383,746 446,646 475,889659,245
954,909
1,410,902
1,719,700 1,787,140
766,420
16% 7%
39% 45% 48% 22% 4%
International Tourism receipts(X1000 USD)
2007 2008 2009 2010 2011 2012 2013 2014 2015 I-II Q
6.85% 6.24% 5.83% 6.08% 6.02% 6.08% 5.89% 6.32% 6.95%
Share of Tourism in GDP
ECONOMIC INDICATORS
2014 second quarter
2015 second quarter
429,690 460,060+7.1 %
ECONOMIC INDICATORSInternational Tourism
Receipts ($1000)
2014 January-October 2015 January-October
964,609
1,207,396
+25.2%
Payments with Non-residents Cards (Gel 1000)
2014 II quarter 2015 II quarter
415,527487,814+17.4%
Added Value Created in
Tourism (Gel 1000)
1,470 Accommodation Units 51,204 Beds
Hotel65%
Family House18%
Guesthouse/Hostel
11%
Other6%
RegionNumber of
Accommodation Units
Bed Capacity
Tbilisi 312 13,138
Ajara 254 11,293
Samtskhe-Javakheti 201 7,820
Kakheti 156 2,887
Imereti 142 4,368
Samegrelo-Upper Svaneti 139 2,666
Mtskheta-Mtianeti 125 4,129
Guria 56 2,998
Racha-Lechkumi 55 1,148
Lower Kartli 18 539
Inner Kartli 12 218
New Hotels in 2015:Terrace Hotel Tbilisi Oasis Hotel Chakvi
Citrus Hotel Tbilisi Sanapiro Hotel 3* Tbilisi
Vinotel Hotel Tbilisi Vardzia Resort Hotel Vardzia
Coste Hotel Tbilisi Grand Palace hotel 3* Tbilisi
Monopoli Hotel Kutaisi Tbilisi Inn Tbilisi
Royal Venezia Hotel Batumi Rixos BorjomiLeogrand Hotel & Casino Batumi Hilton Batumi
Iveria Inn Tbilisi Mercure TbilisiGM Hotel Tbilisi Hotels and Preference Tbilisi
Marina Coliseum Batumi
More than 30 Accommodation units More than 3200 Beds
Planned Constructions of Accommodation Units (2016-2017 years)
Hilton Garden Inn (Tbilisi) Radisson Park inn, (Tbilisi) Millenium hotel, (Tbilisi) Rixos Tbilisi (Tbilisi) Hyatt Regency (Tbilisi) Moxy Marriott (Tbilisi) Intercontinental (Tbilisi)
Crown Plaza (Batumi) Babylon Tower (Batumi) Cube Tower (Batumi) Princess Hotel (Batumi) Radisson Blu Resort (Tsinandali) BEST WESTERN (Kutaisi)
More than 60 Accommodation Units More than 3800 Beds
HOTELS AND INFRASTRUCTURE
Series10%
10%
20%
30%
40%
50%
60%
70%
80% 74% 75%
58%
42%
Occupancy rate in Tbilisi 2014
International Upscale Brands International Midscale Brands
Local Upscale and Middle Class Local Budget/Economy Class
Series10%
10%
20%
30%
40%
50%
60%
40%
54%
30%
Occupancy rate in Batumi 2014
International Upscale Brands Local Upscale and Middle Class
Local Budget/Economy Class
Series146%
47%
48%
47%
48%
Occupancy rate in Adjara(2015 10 Months)
2014 10 Months 2015 10 months
+1.86%
HOTELS AND INFRASTRUCTURE
2007 2008 2009 2010 2011 2012 2013 20140
500,000
1,000,000
1,500,000
2,000,000
2,500,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
669,920803,488 770,269
918,736
1,196,861
1,400,658
1,833,1342,008,514
6,5187,170 7,384
9,073
11,488 11,85612,653
13,576
Passengers Flights
+13%
1,973, 775 Passengers
(2015, 10 Months)
AIRLINES