BAKU, Azerbaijan, August 14. The number of hotels and hotel-type facilities reached 18 in Azerbaijan's Karabakh economic region during 2024.
The data obtained by Trend from the State Statistics Committee shows this figure rose by four units, or 28.6 percent, from 2023.
In the reporting year, the largest number of hotels and hotel-type facilities, which amounted to five, was recorded in the Aghjabedi district.
In other districts, a singular hospitality establishment was
documented in Khankendi, Aghdam, and Fuzuli, respectively, while a
duo was noted in Barda, and a quartet was identified in Shusha and
Tartar.
In alternative jurisdictions within the Karabakh region,
hospitality establishments lacked formal registration.
In the interim, the preceding fiscal year saw hospitality
establishments within the Karabakh economic zone accruing total
revenues of 7.7 million manat (equivalent to $4.5 million),
reflecting an uptick of 1.6 million manat (approximately $941,000),
or a substantial 27.7 percent increase relative to the prior year's
metrics.
The expenses of hotels in this region amounted to 10.8 million manat ($6.3 million), which is 2.8 million manat ($1.6 million), or 34.6 percent, more than a year before.
