Georgia: The Kass Boutique Hotel Group is scheduled to open the Gergeti Boutique Hotel in 2017 on Tblisi’s Gergeti St.
Georgia: The Kass Boutique Hotel Group is scheduled to open the Gergeti Boutique Hotel in 2017 on Tblisi’s Gergeti St.
The group will invest US$25 million USD to build the property, which will be the first of four in a $100 million pipeline. The other hotels will be called the Art Hotel, Rustaveli Boutique Hotel and Rixos Tbilisi.
About 200 people will be employed during the construction phase of the Gergeti Boutique Hotel and once the new hotel begins to operate.
Tbilisi Mayor David Narmania attended a press conference earlier this month with Kass Boutique Hotel Group founder Khanokh Kass, the company’s executive director Klaus Bodo Hand, member of the Israel Labour Party Yehiel Bar and president of the Israel-Georgia Chamber of Business Itsik Moshe.
Last month Narmania visited Israel and met the mayor of Jerusalem Nir Barkat and other business sector representatives.
“The Israeli side is planning to invest up to $100 million USD for development plans in our country. We initiated a series of reforms in order to strengthen our economy with the support of local and international business representatives,” said Narmania.
Narmania and the investors buried a symbolic capsule into the foundations of the Gergeti Boutique Hotel building.
