JSC Pontus, involved in the five-star hotel Pontus Rotana Resort & Spa Gonio project in the resort of Gonio, is set to launch the construction in Tbilisi as well. According to the company, Pontus is going to carry out projects not only in the capital, but also in the winter resorts of Georgia.
Note: in 2023-2024, Pontus JSC entered the top ten largest companies in Georgia, into which the largest number of Russian investments were poured. Commersant got interested in what the largest Russian investor company in Georgia is.
It’s worth mentioning that the hotel operator Rotana signed an agreement with Pontus Capital last year to build Pontus Rotana Resort & Spa Gonio. According to the company, this will be the first five-star hotel under the Rotana brand in Georgia.
The construction part of the luxury resort is scheduled to be completed by the end of next year with the total investment cost of the project of $71 million.
"Batumi is truly a city of all seasons with stunning natural beauty. Georgian culture and language have deep ties to the Arab world, making our collaboration with Rotana natural," Irakli Varshalomidze, Pontus Capital managing director, says after signing the contract.
The new hotel, which combines traditional architecture with contemporary style, includes 550 rooms. The project also includes a private beach, restaurants, a spa, indoor and outdoor pools, a health and fitness center, and an interactive children's playground.
"With stylish architecture, a variety of restaurants and beachfront residences, guests at Pontus Rotana Resort & Spa will experience our signature 'Precious Time' concept," Guy Hutchinson, President and CEO of Rotana, notes.
Natia Varshalomidze, Director of Pontus JSC is according to the latest registry data, the company's capital is up to GEL 95 million.
