
Catch up on the latest Cushman & Wakefield news and find out what’s next for our company
Catch up on the latest Cushman & Wakefield news and find out what’s next for our company
Eco Invest aimed to develop a large-scale, mixed-use hospitality project on the Tbilisi Sea shoreline, but required a comprehensive feasibility study to validate the concept. The key challenge was to determine whether a 127-room aparthotel managed by an international brand would be viable in terms of technical, economic, and market factors.
Cushman & Wakefield Georgia conducted an in-depth feasibility study, rigorously analyzing the project’s potential. This included technical assessments, market research, and financial modeling to forecast sales trajectories and overall financial performance across the project’s lifecycle.
As part of the broader “Tbilisi Boulevard” development, the aparthotel was designed to:
The feasibility study confirmed the project’s strong investment potential and viability. With a projected opening in 2027, the aparthotel is positioned to become a landmark destination at Tbilisi Sea—enhancing tourism, attracting international interest, and elevating the area’s development outlook.
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