The second session of the course “Economy of a Resort City” has taken place — and here are its key takeaways. We:
- Examined four models of a resort city economy — investment-based, hybrid, flow-based, and premium — as well as the pros and cons of each model.
- Learned that all-inclusive is about economics, not about free alcohol and hotel meals.
- Analyzed Batumi as an example: what risks and opportunities the city currently faces in choosing its model.
Well then, the second session will be remembered for its small provocations, serious insights, and collaborative work — and we are moving forward!
Next session: Session 3
Resort Real Estate Economics and Investment Strategy
That is where we will answer the questions: what looks the way it does, why does it look that way — and will it get better?
