With 6.3 million tourists visiting the country in 2016, Georgia has become a popular tourist destination. In May, the number of international visitors (those who stayed in the country 24 hours or more) increased annually by 19% (compared to the same month in the previous year). While Tbilisi Airport is the main border-crossing point, in May, Batumi Airport overshot Kutaisi Airport, famous for its low costs flights, and experienced a 20% annual increase in the number of arrivals.
Tbilisi residents have already experienced a fair number of cycles in street vending regulations where local authorities tolerate, then regulate, and then evict street vendors. These cycles correspond with economic trends and election cycles starting in 2006 when street vending was declared illegal by the Tbilisi Government and the first attempts were made to enforce the ban.
With a total of 21 611 property sales, Georgian real estate market in Q1 2017 grew by 6.1% (YoY). 194 new buildings with total area of 301.1 thousand sq.m were completed in Tbilisi during Q1 2017.
American and Western European visitors to Georgia are fascinated by the fact that middle-aged Georgian taxi drivers often brandish a couple of engineering degrees, while young hotel receptionists and shop assistants frequently come with law, business, and international relations education. Having spent a couple of days in Tbilisi, visitors may come to imagine that Georgia is so abundant in human capital that entry into these fairly undemanding occupations is extremely competitive.
The Ambassador of Norway to Azerbaijan & Georgia, Bård Ivar Svendsen, was invited to speak to visiting Norwegian students who partook in a four-day visit to Tbilisi to attend an anti-corruption course jointly organized by ISET and NHH (the Norwegian School of Economics).