Tracking the Recovery

13 Nov, 2020
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  • Newly issued mortgages continue growth in November. Of mortgages issued since 6th of July, 33.6% are beneficiaries of the state subsidy program
  • Growth of transaction registrations in Tbilisi on the positive growth territory at +29% YoY
  • Compared to the previous weekend, occupancies decreased in Tbilisi and other regions while it increased for Kakheti and seaside and amounted to 5% in seaside, 6% in Tbilisi, while hotels in other regions and Kakheti displayed 15% and 38% occupancies, respectively
  • Non-cash spending on restaurants remaining at mid-June level in the November 3-9 period
  • Remittances inflow in TBC shows a significant increase compared to the previous week, now back on the positive growth territory, standing at 5% YoY in the seven days of 2-8th November
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