The first Radisson RED hotel in Eastern Europe has arrived in Tbilisi, Georgia. Situated in a 100-year-old former post office building on the iconic Davit Aghmashenebeli Avenue, Radisson RED Tbilisi blends culture, history, and contemporary design. The hotel is also a culinary destination thanks to its modern and cozy Posta Restaurant & Bar which fuses Georgian, Asian, and international flavors, and serves as a social hub with unique style, dynamic atmosphere, and friendly service.
Hotel values rise in Eastern Europe while west faces tougher times
Hotels in Eastern Europe are benefitting from tough times in Western Europe with room values in the region seeing an impressive 11 per centÊaverage growth, according to our 2017 European Hotel Valuation Index (HVI).
2017 to be year of Eastern Europe
2017 is forecasted to be the year of Eastern Europe, with the region gaining popularity largely due to the shift in tourism away from other destinations that have been affected by acts of terror.
IHG targets Eastern Europe
The growth of IHG’s hotels will be primarily driven by its midscale brands, Holiday Inn and Holiday Inn Express, in cities across Eastern Europe, however its fastest growing segment, boutique, will also benefit from continued growth in the region.
