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Kvrivishvili: $300 million Swissôtel project reflects investor confidence

by Lana Kokaia
June 4, 2026
in Business & Economy, Highlights, News
Reading Time: 2 mins read
Kvrivishvili: $300 million Swissôtel project reflects investor confidence

Mariam Kvrivishvili. Photo: Government of Georgia.

A $300 million Swissôtel Kobuleti Beach Resort project was officially presented on Georgia’s Black Sea coast, with government officials highlighting the investment as a sign of confidence in the country’s tourism sector.

Prime Minister Irakli Kobakhidze and Minister of Economy and Sustainable Development Mariam Kvrivishvili attended the presentation of the premium hotel and residential complex in Kobuleti, where a symbolic capsule-laying ceremony was also held.

Swissôtel Kobuleti Beach Resort construction ceremony. Photo: Government of Georgia.

Kvrivishvili said the investment reflects the confidence international investors have in Georgia’s business environment and supports the government’s goal of developing Adjara into a four-season tourist destination.

“Today is symbolic and important, as it clearly demonstrates that the predictable, reliable and investor-friendly environment created in our country provides an incentive for investors to make such a large investment,” the minister said.

She noted that the project will strengthen Adjara’s tourism potential and contribute to improving the quality of tourism services in the region.

The resort will be developed through cooperation between development company ‘Archi,’ its NEXT development division, and the international hotel brand ‘Swissôtel.’ The project will include a high-standard hotel and a multifunctional residential complex.

Kvrivishvili said the tourism sector remains one of the key drivers of Georgia’s economy, accounting for 9.5% of economic output. She noted that international tourism revenue reached a record $4.7 billion in 2025, while the number of international travelers exceeded 7.8 million.

The minister also said the Swissôtel project is expected to create jobs during both the construction and operational phases, with up to 500 local residents expected to be employed.

She added that the government will continue investing in tourism and aviation infrastructure, including the planned expansion of Batumi International Airport, details of which are expected to be presented in the near future.

The capsule-laying ceremony was attended by government officials, project investors, and representatives of the public and private sectors.

Tags: Mariam KvrivishviliSwissôtel Kobuleti Beach Resort projectSwissôtel project in Kobuleti
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