Success Stories

The Panorama Tbilisi development—one of the most ambitious hospitality projects in Georgia—encompasses two luxury hotels under Marriott’s Autograph Collection brand. Funded by the Georgian Co-Investment Fund, the project includes one hotel at Freedom Square and another at the Tabori Complex. Due to the high profile of the project and the global standards required by Marriott, precise financial monitoring and construction oversight were essential to ensure delivery on time and within budget.

Cushman & Wakefield Georgia was appointed to provide Lender’s Supervision services for both hotels under the Panorama Tbilisi initiative.
Our responsibilities included:

• Continuous supervision of the construction process for both sites 
• Strict adherence to project timelines 
• Monitoring the targeted and transparent use of investment funds 
• Providing detailed reporting and risk assessment for lenders and stakeholders

The Autograph Collection hotel at Freedom Square is scheduled to open by the end of 2020, with the Tabori Complex following in 2021. These developments will introduce a new level of luxury to the Georgian hospitality market and contribute to Tbilisi’s positioning as a regional tourism hub. With Cushman & Wakefield Georgia’s oversight, the project is progressing in alignment with international standards of quality, efficiency, and financial accountability.