Monthly Tourism Update (May, 2019)

In May 2019, compared to May 2018, hotel prices in Georgia increased by 3.4%, this was mainly due to the prices of guesthouses.
In Georgia, in May 2019, compared to May 2018, the prices of 3*, 4*, 5* hotels decreased by 2.5%, while the prices of guestouses
increased by 15.9%. In May 2019, compared to May 2018, the number of international travelers trips in Georgia increased by
14.2%, and among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists)
increased by 18%;

In May 2019, in Georgia the hotel price index increased by 6.7% compared to April 2019. The 3-star, 4-star and 5-star hotel price
index increased by 4.1%, while for guesthouses, the price index increased by 11.4%. In May 2019, compared to April 2019, the
number of international travelers trips in Georgia increased by 12%, while among the international travelers, the proportion who
stayed in Georgia for 24 hours or more (classified as tourists) increased by 21.8%;

In May 2019, compared to May 2018, the 3*, 4* and 5* hotel prices in Tbilisi decreased by 15.5%, while in Adjara increased by
21.3%;

In the first quarter of 2019, the majority of visits made by international travelers in Georgia was made in Tbilisi (42.7%), this was
followed by Kvemo Kartli (17.4%), Adjara (16.1%) and Mtskheta-Mtianeti (13.4%). While in other seven regions of Georgia only
10.4% of visits were made;

In May 2019, according to the booking.com website, the prices of registered accommodation in Georgia are mainly between
1-150 GEL range – 71% of registered accommodation. While the prices of 22% of registered accommodation are between 150-300
GEL, 4% – 300-460 GEL, 2% – 460-610 GEL, 1% – 610 GEL and more.