In 2012 hotel business turnover in Armenia comprises $ 72.1 million and will reach $ 99.6 million by 2015, says the research conducted by experts of Ameria CJSC.
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The share of the hotel industry in Armenia’s GDP makes 0.66% in 2012, and due to its growth tendency it is expected to reach 0.79% by 2015.
Hotel industry turnover in Armenia was assessed for each hotel class, based on the average annual hotel occupancy, actual number of rooms and their growth rate and average room rates. Hotel business turnover has been represented per directions, for instance local and international tourism agencies, personal booking and other facilities. / source: news.am