RUSTAVELI PROPERTIES
Proprietary index

Gudauri Ski Index — mountain resort

Index of prices and attractiveness for Gudauri, Georgia's leading ski resort (2,200 m).

Latest value · 2025 H1
151
Change since 2020
+51.0%
Cadence
Semi-annual
2020 = 100

History

Formula

50% median new-build price per m², 30% winter hotel RevPAR, 20% measured snow days. Base 100 in 2020.

Components

New-build $/m²
50%
$1,750/m²
Colliers 2025
Winter RevPAR
30%
$142
AirDNA 2024-25
Snow days
20%
148 j
Gudauri Snow Report
Interpretation

Return of international clientele post-2022 + ski area expansion. Niche segment with strong momentum.

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