Another investment business opportunity supported by the Georgian government is black sea resort. As we said in the previous articles, the Georgian government has a strong investment offer for investors, it has a liberal and free-market-oriented economic policy, access to a 2.3 billion consumer market through its solid FTA network including both EU and China, educated, skilled, and competitively priced workforce, 6 types of low and flat taxes, significantly decreased the number of licenses and permissions, well developed, integrated and multimodal transport infrastructure.
black sea resort In Batumi
Due to the growing number of international visitors, hospitality and commercial real estate sectors are rapidly developing in Georgia’s Black Sea resorts. Sun-Beach resorts are one of the largest and fastest-growing touristic destinations in Georgia. Adjara Region, located in southwestern corner of Georgia, is known for its admirable seaside journeys and experiences. Adjara Region was visited by an unprecedented number of travelers in 2019, the total amount of international tourists reached around 2 million (1,890.892) in 2019, which exceeds the figure 2018 by 21%. Existing and upcoming international hotel brands in Adjara region include Marriott, Radisson, Sheraton, Euphoria Hotel Batumi, Wyndham, Hilton, Divan, Crowne Plaza, Best Western, etc.
Batumi, capital of Adjara Region, is the second most visited cities in Georgia. Batumi is famous with its merged historical and modern architecture, high-rise landmark buildings, stony beaches and admirable landscapes. Batumi International Airport, Railway Station and Sea Port are the main infrastructural facilities of the region.
Batumi today is one of the main port cities of Georgia. It has the capacity for 80,000-ton tankers to take materials such as oil that are shipped through Georgia from Central Asia. Additionally, the city exports regional agricultural products. Since 1995 the freight conversion of the port has constantly risen, with an approximate 8 million tons in 2001. The annual revenue from the port is estimated at between $200 million and $300 million.