Georgia, a country located in the Caucasus region of Eurasia, has been actively promoting its tourism industry in recent years. With its diverse landscapes, cultural heritage, and warm hospitality, Georgia has become an increasingly popular destination for tourists from around the world.
But just how much money does tourism make in Georgia? Let’s take a closer look.
The Importance of Tourism in Georgia
Tourism plays a vital role in the economy of Georgia. In 2019, the travel and tourism sector contributed 7.6% to the country’s GDP, which amounts to around $3.3 billion. This figure is expected to rise to 10% by 2028, according to the World Travel and Tourism Council (WTTC).
Tourist Arrivals
Georgia has experienced a steady increase in tourist arrivals over the years. In 2019 alone, more than nine million tourists visited the country – a significant increase from just over four million visitors in 2010.
Top Tourist Attractions
Georgia offers an array of attractions for tourists to enjoy, from stunning mountain ranges and beaches to historic landmarks and cultural festivals. Some of the top tourist attractions include:
- The Old Town of Tbilisi – Georgian capital’s historic district with narrow streets and colorful architecture.
- Mount Kazbek – one of Georgia’s highest peaks with breathtaking views.
- Batumi – a coastal city known for its beaches and nightlife.
- Svaneti – a remote mountainous region with ancient stone towers and unique culture.
Tourism Revenue
Tourism revenue is an essential contributor to Georgia’s economy. In 2019, international tourism receipts amounted to approximately $3 billion. The government has implemented measures to encourage tourism, such as a visa-free policy for many countries and tax exemptions for businesses in the tourism industry.
The Future of Tourism in Georgia
Georgia’s tourism industry has a bright future ahead. The government has set a goal to attract 11 million international tourists by 2025, which would generate around $6.6 billion in revenue. The country’s unique culture, stunning landscapes, and warm hospitality continue to draw visitors from around the world.
Conclusion
In conclusion, tourism is a vital contributor to Georgia’s economy, generating billions of dollars in revenue each year. With its diverse attractions and welcoming people, Georgia is poised to become an even more popular destination for tourists in the years to come.