m² has presented a new hotel project in Kutaisi, based on which it intends to sign an agreement with the Wyndham Hotel Group to operate the aforementioned property under the Ramada Kutaisi brand.

The presentation ceremony was attended by representatives from m²’s partner organisations, local and central government, as well as the media.

The Ramada brand is part of the Wyndham Hotel Group, which is the world’s largest hotel network, operating 9100 properties in 80 countries under 21 brands.

The new hotel will be built in the centre of Kutaisi, near the White Bridge. The 125-room property will stand out through its interior and panoramic views. The total investment value of the project is GEL 30 million. Up to 250 people will be employed in the process of building and operating the hotel. The project is due to be completed in the final quarter of 2020.

The project will ensure the new international hotel’s historic and architectural compatibility with the surroundings.

“Due to its unique sights, Kutaisi is an attractive destination both for local and foreign tourists. It has a great potential for further development in this area. A new international hotel brand in the centre of Kutaisi, which will satisfy all modern standards, will not only help enhance tourism, but also create jobs for the local population. We believe that such a large-scale investment is highly significant for the economic development of the region as a whole. The concept of the project is part of m²’s corporate social responsibility policy,” stated m²’s Director General Irakli Burdiladze.