“Adjara Group” will open new 400-room hostel “Fabrica” at the area of old textile plant in Tbilisi, Ninoshvili str.8.
The reconstruction of the building has being carried through a year, the original appearance, facade, interior are maintained. Its exterior for the most part is intact. Basically modern elements have been added to the building.
According to the company, “Adjara Group” has signed a loan agreement of 5.5 million USD with “Bank of Georgia” for opening of a hostel. The sum has been spent on acquisition and reconstruction of the building.
The building will have common type of housing, 2-member rooms and 6 rooms, which should be arranged in apartment style. Cost of per night will start from 12 USD at the hostel.
The company declares, that other spaces are arranged, where festivals, exhibitions and other events will be arranged.
To remind, “Adjara Group” portfolio includes several big hotels, including “Rooms Hotel” in Tbilisi and Kazbegi, “Holiday Inn” in Tbilisi and “Intercontintal Tbilisi”, which construction is in an active phase.
The hostel should be placed at the former building of “Publishing House”.