Basisbank is delighted to continue supporting the hotel industry and hospitality sector. Hill Hotel Kutaisi, a new 14-room hotel, was opened in Kutaisi with the funding provided by the Bank and within the framework of the Host in Georgia project.

The total cost of the project is GEL 1 million, of which financial support of Basisbank amounts to more than GEL 800,000. The company obtained co-funding from the Host in Georgia state project.

The construction of the hotel started in 2019. The place hosted the first visitors in May of the current year. The Hill Hotel Kutaisi offers relaxation in a comfortable and cozy environment to both local and international visitors, and is adapted for people with disabilities. Located in the heart of Kutaisi, the Hotel offers picturesque views of the historical monuments of the city.

"I am so thankful for the support and contribution of Basisbank team and the Ministry of Economy of Georgia, leading to successful completion of the project. It would be delightful to see many more similar projects in our region to facilitate the development of tourism," said Shota Ochigava.

"Basisbank is happy to make a significant contribution to the development of the hotel industry in different regions of Georgia. We prioritize funding these projects, as these help develop tourism and strengthen the construction sector. This, in turn, is one of the main prerequisites for the development of the national economy. We are proud to be part of another successful project," said Giorgi Gabunia, Commercial Director of Basisbank.

(R)