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.
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).