In October 2019, total international visitor (tourists and same-day combined) growth accelerated to 8.8% y/y after subdued growth of 3.9% y/y during July-September. Out of total 0.67mn visitors, Georgia hosted 0.43mn tourists (up 7.8% y/y) and 0.22mn same-day visitors (up 10.9% y/y) in October. Strengthened tourist arrivals (+7.8% y/y) in October was supported by significantly increased visitors from Israel (+56.9% y/y), Kazakhstan (139.4% y/y) and EU countries (+32.2% y/y).
Meanwhile, arrivals from neighbors (Azerbaijan, Armenia and Turkey) also continued solid growth, reflected in elevated same-day arrivals (+10.9% y/y). Importantly, significantly reduced arrivals from largest source markets – Russia and Iran, were fully offset by strong arrival growth from other countries.
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.
