In Sep-19, total international visitors (tourists and same-day combined) were up 2.7% y/y to 0.78mn persons. Out of total, Georgia hosted 0.53mn tourists (up 0.6% y/y) and 0.24mn same-day visitors (up 7.7% y/y) in September. Slow arrival growth in September like in two previous months reflected significantly reduced arrivals from largest source markets – Russia and Iran. Notably, due to last year’s high base, arrivals from Russia reduced sharper (-20.6% y/y) in Sep-19 compared to two previous months (-7.6% y/y). Meanwhile, arrivals from all other neighbors (Azerbaijan, Armenia and Turkey) continued growing. Notably, arrivals from Turkey are on the rise since Jun-19 after falling from Sep-18 to May-19.
Please see the full note here, which brings together tourist arrival data for reporting month, most recent statistical information available in the sector and 2019 forecast.
