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LOCAL ECONOMIC DEVELOPMENT PLAN FOR TBILISI ... - LED

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Earnings in Tbilisi in business sector in GEL<br />

400<br />

380<br />

360<br />

340<br />

320<br />

300<br />

280<br />

260<br />

240<br />

220<br />

200<br />

180<br />

160<br />

140<br />

120<br />

Earnings in business and tourism sector<br />

2006<br />

2005<br />

2004<br />

2003<br />

2002<br />

2001<br />

YEARS<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

In comparison to the<br />

private sector the<br />

earnings in the tourist<br />

sector were growing<br />

at a slower rate and<br />

in the years of 2004-<br />

2005 a even a certain<br />

decrease could be<br />

observed.<br />

Nevertheless, when<br />

compared with 2001<br />

the salaries in the<br />

tourist sector almost<br />

doubled, while in the<br />

private sector they<br />

more than tripled<br />

100<br />

100 120 140 160 180 200 220<br />

Avarage earnings in turist sector in Georgia<br />

in GEL<br />

<br />

100 000<br />

80 000<br />

60 000<br />

40 000<br />

Comparative analysis of turnover (Y axis - in<br />

mln GEL) and employment in hotels ( X axis)<br />

in Georgia and Tbilisi<br />

2003<br />

2004<br />

2005<br />

2006<br />

2003<br />

2004<br />

2005<br />

2006<br />

Georgia turnover<br />

in hotels total<br />

Georgia<br />

employment in<br />

hotels total<br />

Tbilisi turnover in<br />

hotels<br />

Tbilisi employment<br />

in hotels<br />

The high rate at<br />

which turnover and<br />

employment grew in<br />

the hotel industry was<br />

seen both in Tbilisi<br />

and throughout<br />

Georgia. The<br />

increase of these two<br />

parameters was<br />

determined first of all<br />

by a significant<br />

growth dynamics in<br />

Tbilisi itself.<br />

20 000<br />

2001<br />

2002<br />

2001<br />

2002<br />

0<br />

1 000 1 500 2 000 2 500 3 000 3 500 4 000

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