RED-CO was established in 2012 and since then we seek to understand industry dynamics in order to develop unique living and recreation concepts.

Our approach includes managing the entire process of designing, financing, constructing, operating and owning a growing network of apart-hotels, residential blocks, hotels and complementary infrastructure of these projects.


  1. NEW GUDAURI RESORT - Ski-in/Ski-out residential, hospitality and entertainment infrastructure
  2. BAKURIANI RESORT - “The Valley Residences and Spa” 4-star APARTHOTEL
  3. “House Near Mziuri”, Residential block in the capital city of Tbilisi, Georgia
  4. “Monte Carlo” Boutique Apart- hotel with 15 comfortable apartments in Batumi (Black Sea coast)
  5. “Old boulevard” Restaurant in Batumi, Georgia (black sea cost)

Current projects expected completion between now and the end of 2018

NEW GUDAURI ongoing Projects

  • New Gudauri Suites – Luxury aparthotel –November 2017
  • Casino Gudauri –November 2017
  • 2 new branded Restaurants -  November 2017
  •  New branded Spa Center –November 2017
  •  Radisson Blu Gudauri – winter season 2018/19
  •  3 new Apartment Hotels with the capacity of 600 rooms – November 2018

BATUMI Projects – completion till the end of 2018

  • Batumi Tower
  • Le Meridien Batumi 5 star Hotel
  • Batumi Tower Luxury Residences with 79 upscale turnkey apartments
  • Batumi Tower Casino