Ibis Budget Tbilisi Center
Project Details
- Central Tbilisi, Georgia
- Operating Hotel
- USD 17,000,000
- 4,800 m²
- Guest Rooms: 158
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Project Overview
Ibis Budget Tbilisi Center is an operating 158-room hotel located in central Tbilisi, near the Philharmonic Hall and within one of the city's established commercial and tourism districts. Operating under the Ibis Budget brand, part of the international Accor hotel network, the property occupies a 1,269 m² land plot and comprises approximately 4,800 m² across six levels, including the basement. The hotel features guest accommodation, a lobby and a 320 m² internal courtyard. According to the investment materials, the property achieved operational break-even in its second month of operation.
Key Features
The offering presents an opportunity to acquire an established hotel property with existing operations and international brand affiliation in Georgia's capital.
Questions? You’re covered.
- Operating hotel under the internationally recognized Ibis Budget brand
- Proposed Class A logistics and warehousing facilities
- Approved development regulation plan
- Non-agricultural land designation
- Architectural documentation and technical studies available
- Access to Tbilisi's transportation and logistics infrastructure
Yes. Ibis Budget Tbilisi Center is an operating 158-room hotel under the Ibis Budget brand, part of the international Accor hotel network.
The property has an approved development regulation plan and is designated as non-agricultural land. Architectural documentation, technical studies and relevant project approvals are included in the offering.
The site is located adjacent to Tbilisi International Airport, providing access to the capital's transportation network and supporting potential logistics, warehousing and distribution operations.