ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Sep
28

Agritourism in Georgia

Imagine spending some time in the countryside away from the noisy, dusty city, getting involved in agricultural activities, and discovering the local culture. This kind of tourism is called agritourism. According to the World Tourism Organization’s data, tourist options in rural areas are increasing. According to specialists, this tendency is caused by middle aged people’s interest in spending their vacations in a quiet environment with less air pollution. This kind of tourism is financially more available and particularly suited to short vacations becau...
Rate this blog entry:
Continue reading
210
0 Comments
Write a Comment
Jun
12

Playing Against the Odds: What’s at Stake for Georgia as It Bets on the Tourism Revival Strategy?

Georgia reacted to the COVID-19 pandemic by immediately introducing aggressive measures. Closing international borders, declaring a state of emergency, shutting down public transportation, banning local travel and public gatherings, closing restaurants and shopping malls, and introducing a nighttime curfew—these are all instruments that were used by the country’s government and health authorities to stop the spread of the virus. As a result, the health system was not overwhelmed with COVID-19 patients. As of June 12th Georgia has had 837 confirmed corona...
Rate this blog entry:
Recent Comments
Guest — PeterJ
Interesting article, but just as a side note, can you please indicate the source for this: Furthermore, tourists visiting Georgia ... Read More
Friday, 12 June 2020 1:01 PM
Giorgi Mzhavanadze
Dear Peter, thanks for your comment. I agree with you that (as I know) there is no official document which indicates that entry re... Read More
Monday, 15 June 2020 7:07 AM
Continue reading
877
2 Comments
Write a Comment
Mar
27

Regional Impacts of COVID-19 Shock to HORECA Sector

The outbreak of the virus and the corresponding containment measures have started to severely affect the global economy. The Organization for Economic Co-operation and Development (OECD), in its Interim Economic Outlook Report (2020) on March 2nd downgraded 2020 real GDP growth projections for almost every country. The largest reduction in growth projections is seen for China (-0.8 percentage points) with worldwide real GDP growth rate expected to decline from 2.9% (November 2019 forecast) to 2.4%. In their report on March 6th, Asian Development Bank (AD...
Rate this blog entry:
Continue reading
1380
0 Comments
Write a Comment
Mar
06

Is Climate Change Threatening Winter Tourism in Georgia? – Part 2 – Adaptation Measures

Georgian winter resorts have finally started their long-awaited season in February 2020, after a month and a half of poor snow. In our previous blog we discussed the possible climate change development scenarios over the rest of the century, and revealed the need for better understanding and implementation of adaptation measures. However, more still needs to be said about the expected effects of climate change on the economic viability of resorts and their possible adaptation strategies. Figure 1 shows that, over the last 13 years, the average depth of s...
Rate this blog entry:
Continue reading
502
0 Comments
Write a Comment
Feb
07

Is Climate Change Threatening Georgian Winter Tourism? – Part 1

This year the winter season started later than usual in nearly all Georgian ski resorts (except Goderdzi) due to a lack of snow. Given the heated international discussions on climate change and global warming in recent years, the lack of snow in Georgian ski resorts has raised questions concerning the future economic viability of winter tourism in the country. This is hardly an unexpected development as even the World Tourism Organization recognizes that mountain tourism is especially vulnerable to the impacts of climate change (UNWTO, 2015). Unforeseen ...
Rate this blog entry:
Continue reading
643
0 Comments
Write a Comment
Mar
22

One Small Step for a Man, Big Data for Mankind: Uses of Alternative Data Sources in Tourism Development

There are many mesmerizing buildings in Tbilisi, but do you know which one tourists favor the most? Or have you ever wondered what travelers’ favorite Georgian food or wine is? Thanks to modern tools and data-gathering methods, we now have actual proof that khachapuri is tourists’ all-time favorite Georgian dish. In 2018, the Georgian National Tourism Administration (GNTA), along with Communication Agency Windfor’s, launched a campaign called  “Emotions are Georgia” to determine what foreign tourists admire the most in our beautiful country and whic...
Rate this blog entry:
Continue reading
1192
0 Comments
Write a Comment

Our Partners