In this publication, we take a look at Batumi residential real estate market and the repercussions that COVID-19 has had on major developers.

As all other hospitality platforms and facilities, Airbnb has been ravaged by COVID-19. Airbnb is looking for ways to reimagine its business model. 

To gauge the effects of the pandemic on Batumi hospitality sector, our team conducted a survey of hoteliers and hotel operators in Batumi.

To gauge outlook on the present and future of Tbilisi Residential Market, we conducted a survey of developers. In this publication we review the findings of our survey as well as transactional dynamics of the first quarter of 2020.