Dimitri Kumsiashvili, Minister of Economy of Georgia participated in the signing of a 27M€ contract between Georgia’s Partnership Fund and Silk Road Group, to build a Radisson Blu hotel in Tsinandali (Kakheti) that will open in 2018.
With a capacity of 111 rooms, this will be the 4th hotel of the Radisson Blu brand in Georgia. It will also consolidate Silk Road Group's portfolio, which originally specialized in rail transportation in Caucasus, prior to diversification in the hotel industry. The Silk Road Group, established in Georgia at the beginning of the 1990s, developed through the revitalization of the trade routes that were ignored during the collapse of the Soviet Union.
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