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Georgia sees decrease in tourism revenue

Finance Materials 16 October 2020 14:38 (UTC +04:00)
Georgia sees decrease in tourism revenue

BAKU, Azerbaijan, October 16

By Tamilla Mammadova – Trend:

Foreign visitors spent $15.6 million in Georgia last month, Trend reports via the National Bank of Georgia (NBG).

The figure is 95 percent less comparing to September 2019.

Georgia's revenue from tourism is $700 million down in August-September year-on-year. Namely, the decline in September has made up $303 million, while in August - $397 million.

However, Georgia received a record number of international travelers in 2019 and amounted to 9.36 million. It should be noted, that travel was the main purpose of 5 million visitors. So, they spent more than $3 billion in the country.

A total of 50,499 international visitors crossed the Georgian border last month. The number of visitors is 94 percent less comparing to 2019. In September, the largest number of visitors - 18,540 came from Turkey. However, visits from Turkey is declined by 80 percent year-on-year.

According to the statistic, 88 percent of visitors entered the country by land, while 10 percent - by air. Some 2 percent of travelers visited the country by railway and maritime transport.

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