Georgia tourism revenues down 400 million in August 2020 compared to last year

Georgia tourism revenues down 400 million in August 2020 compared to last year

access_time2020-09-16 16:00:14


According to a study by the National Bank, Georgia tourism revenues in August 2020 amounted to $ 14.9 million against 412 million in the same period of 2019.

The decline was caused by the closure of borders due to the pandemic and a shift of the tourist sector’s focus to domestic tourism.

In the reporting period only 34,600 foreign tourists arrived in Georgia that definitely  affected  tourism revenues. In the same period of 2019, this figure stood at  753,500.


Revenues generated from tourism sharply reduced in July 2020 and amounted to  $ 12.1 million. and 37,200 tourists, while in July 2019 - $  347.7 million and 570,438 tourists.

It’s worth mentioning  that in the first two months of 2020, namely in January tourism revenue stood at $ 153 million (363,600 tourists), and in February - $160, 5 million (434,600 tourists).


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