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Galt & Taggart Reports on Georgia’s 2024 Tourism Revenue

by Mariam Razmadze
October 7, 2024
in Business & Economy, Culture, News
Reading Time: 1 min read
Galt & Taggart Reports on Georgia’s 2024 Tourism Revenue

Photo: The Times

Galt & Taggart shared its report on Georgian tourism revenues between January and September of 2024, with the country having reached USD 3.6 billion, representing an 11.3% increase compared to last year. The month of September separately grossed USD 470 million, highlighting the monetary increase in Georgian tourism.

The investment institution projects that tourism earnings will rise to USD 4.4 billion by the end of this year, measured against the entirety of 2023, which amounted to USD 4.1 billion. In the meantime, the government of Georgia forecasts that tourism revenues will conclude with USD 3.4 billion in 2024, illustrating strong financial recovery and gradual growth of the sector.

Galt & Taggart’s account underscores the prospects of Georgian tourism and its significance in the country’s overall economy.

Tags: Galt & TaggartGeorgian Tourism
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