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Is Georgia Heading towards an Oversupply of Hotels?
13 December 2016

Citizens of Georgia’s capital recently witnessed the luxurious Biltmore Hotel Tbilisi grand opening. A $140 million investment by the Dhabi Group supplied the market with 214 luxury rooms and suites. The $2 million opening, huge building, and central location (right on Rustaveli Avenue) made the appearance of this hotel on the market very noticeable.

Business Confidence Index: expectations linger, while performance catches up
12 December 2016

The Georgian Business Confidence Index (BCI) has decreased by 7.4 percentage points (-7.4, QoQ), but at 17.6 it remains higher than it was in the same quarter last year (12.0). The fourth-quarter decrease in the index was mostly driven by a significant decline in expectations.

Georgia Needs Compact Government!
10 December 2016

In recent years, a tendency on the part of different authorities to consolidate has been noted worldwide. Competition agencies are merging with consumer protection agencies and/or regulators in order to establish more effective and less expensive public systems. Accordingly, since the first roundtable meeting on the optimal design of a competition agency, held in February 2003, OECD has organized two more roundtables concerning changes in the institutional design of competition authorities in less than one year – one in December 2014, and one in June 2015.

ISET-PI researcher attends SIDA’s “Private Sector Growth Strategies” International Training program in Sweden
09 December 2016

A researcher of the Private Sector Development Policy Research Centre, Olga Azhgibetseva, attended a three-week intensive training program in Sweden.

Tracking real estate prices
05 December 2016

Calculate real estate sale price change for various classes of real estate.

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