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
The VR Vake Sky Tower Project sought to introduce a cutting-edge aparthotel concept that would blend immersive technology with high-end urban living. However, the project’s success hinged on a deep understanding of market demand, financial feasibility, and development strategy—requiring expert insight to assess its viability and guide its execution.
Cushman & Wakefield Georgia conducted a comprehensive feasibility study for the aparthotel component of the VR Vake Sky Tower. The team:
The study supported the project’s aim to introduce an immersive, future-forward hospitality experience in one of the city’s most vibrant districts.
The feasibility study confirmed strong potential for the aparthotel’s success and helped solidify the foundation for VR Vake Sky Tower’s imminent launch. Positioned to redefine hospitality standards in Tbilisi, the project is set to make a significant impact on both the local real estate and tourism sectors—marking a bold step forward in the city’s urban evolution.
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