A five-star Autograph Collection hotel included in Marriott
International network is being built in Abastumani by the initiative of the
Tourism Development Fund of Georgia, which is part of the Co-Investment Fund.
According to the Fund, the total investment cost of the 170-room hotel reaches $ 34 million.
A 5-star hotel in Abastumani is being built on the area of 25,000 m2 of the sanatorium "Tsisartkela" where 100 locals are employed.
The Fund reports that the hotel will be put into operation from 2021 with a staff of 400 people. The 170-room hotel will include a spa, a pool, a restaurant, a conference room, a terrace with 360 degree view.
As of September 2019, the Tourism Development Fund is involved in 11 projects with a total investment cost of $ 734 million.
The Tourism Development Fund was established in October 2016 and has invested $ 290 040 363 in the projects.