• NAME OF RESEARCH

    Georgia's Tourism Sector - Seize the Opportunity

  • NAME OF AUTHOR

    Bank of Georgia Research

  • CATEGORY

    Tourism

  • YEAR

    2013-02-12

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Less than a decade ago, many travelers would have been impressed by Georgia’s long history and rich culture but turned off by poor infrastructure and services. Georgia has since drastically improved accessibility and services, as well as the safety of attractions.

The number of international arrivals (international visitors who cross the national borders of Georgia with foreign passports) to Georgia was up 56% y/y, reaching 4.4mn in 2012 and we expect around 4.8mn in 2013.

According to the report analysis , Georgia is on pace for 5.7mn international arrivals by 2015 and 8.2mn by 2019, or 1.3x and 1.9x the country’s population in respective years.