YEREVAN.- Armenia will approve five-star deluxe category for hotels. The draft decision was presented by Deputy Economy Minister Ara Petrosyan.

During the government session, Petrosyan presented draft amendments to the Law on Tourism and Tourism Activities and to the Law on State Tax.

A new category of hotels is offered in order to develop luxe tourism market. Economy Ministry’s licensing agency is classifying hotels in Armenia. Tax for ‘Five-Star Deluxe’ category hotels will be set at about $3.6 thousand per year.

The Armenian News-NEWS.am reporter was told there are only two five-star hotels in the Republic.