General Director of GINO Holding as Dr. Nodari Giorgadze a Farouk Yousuf Khalil Al-Moayyed - the chairman of the board of directors of the Bahraini company Gulf Hotels Group BSC signed a lease agreement for the GINO Seaside Tbilisi ***** hotel. Gulf Hotel Group BSC is a public joint-stock company based in Bahrain that operates in the tourism and hospitality industry. The company owns and operates a number of domestic and international holiday resorts such as Gulf Hotel Bahrain, Bahrain; Gulf Executive Residence, Bahrain, and Ocean Paradise Resort, Zanzibar in the Republic of Tanzania. It also owns the Gulf Convention Centre, which is a venue for conferences, exhibitions, gala dinners, banquets and weddings. Nothing changes for our owners. They will continue to sign leases with us. We believe that the entry of this strategic partner into the operation of the hotel will help us make it more attractive and bring it closer to new clientele from new destinations.
