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PKF Roundtable

Hospitality sector

PKF Roundtable

12 June 2019

On June 2019, PKF Hotels organised a roundtable in order to exchange on the hospitality sectors in the region. Hotels brands, investors, operators, managers gathered at the PKF rountable in order to exchange on the hospitality sector in the region.

Below some of the data mentionned during the event.

Georgia:

Tbilisi

51% of occupency

ADR: 315 lari

RevPar: 160 lari

Batumi:

46% occupancy

ADR :174 lari +8.9%

RevPar: 80 lari +9.7%

Armenia

Erevan

39% occupancy

ADR: 35,093 dram +0.5%

RevPar: 13,800 dram -7.8%

Azerbaijan

Baku

54% occupancy

ADR: 194 manat – 7.5%

RevPar : 105 manat -13.7%

Hotels group by brand provider in the region:

Mariott

Jin Jang

Hilton

Accorhotels

Ihg