The event was held at Telavi Vazha Pshavela State Drama Theater (Erekle II Ave. 7). m2 partner organizations, local and central government officials and media attended the official presentation of the Project.

The company plans to construct the new hotel in Telavi by dismantling the old and currently non-functional building on the territory of the hotel "Introurist". The project will focus on the historic value of the area, its functional part and architectural compatibility with Telavi.

"We have made a thorough analysis of all materials from architectural as well as historic point of view. For many years, the hotel Intourist was a nonfunctional structure, however, the unique and historic wine cellar of the Vakhvakishvili family will be retained with our efforts, it will acquire a new life and will continue functioning under its historic title, which will be an important factor for tourism development or history preservation" – says Irakli Burdiladze, m2 general director.

New, state-of-art and modern standard hotel concept will be based on the wine and gastronomy topic. Italian architect Michele De Luca will also consider architectural compatibility of the hotel with the city (low building and visual characteristics). The architectural model preserves the Vakhvakhishvili Castle concept. The hotel will have 130 rooms with exquisite interior and views, 2 swimming pools, restaurants and what’s more important, the Vakhvakhishvilis Wine Cellar, which will return us to the history. Total value of the investment is 40 million GEL. Up to 140 people will be employed on the hotel construction and more than 150 locals as an operating staff. Project will complete in the first quarter of 2021.