3 MAY, 2018
m² REAL ESTATE PURCHASES A HOTEL IN GUDAURI

m² Real Estate has announced the purchase of a hotel in the winter resort of Gudauri. The company is investing a total of $7.2 million in the project, which is still under construction. The 134-room hotel will be completed by m² Real Estate’s construction company BK Construction.
The hotel plans to welcome its first guests at the start of the winter season in December 2018. Hotel network development represents one of m²’s main strategic priorities. The company has announced plans to add up to 1000 new hotel rooms to the domestic market over the next three years.
“I am delighted to announce that m² will be represented in one of Georgia’s premier resorts of Gudauri, offering holidaymakers the usual comfortable environment and high-quality service. This is an important development both for our company and for Gudauri itself,” states the Director General of m² Real Estate, Irakli Burdiladze.