ACBA Federation promotes rural tourism in Armenia: the success story of Manana guest house (video)

YEREVAN, September 1. /ARKA/. Four years prior, Astghik Ghazaryan, a professional educator, established the Manana guest house in her hometown of Marmarik.

This location attracts enthusiasts of rural charm and comfort. In addition to a cozy stay, visitors can explore ancient Armenian crafts such as carpet weaving, textile production, and doll crafting, as well as engage in hiking excursions and savor a variety of homemade meals.

The Manana guest house is among the beneficiaries of the Rural Tourism Development initiative by the ACBA Federation and the  German Nature and Biodiversity Conservation Union (NABU).  This program enabled Astghik to address the irrigation challenges faced by the gardens of the guest house.

“Throughout the three summer months, numerous guests visited our establishment, expressing that the conditions here are outstanding and that they would be delighted to extend their stay. It was during this time that the concept of transforming our home into a guest house emerged. I consistently keep abreast of current events, which is how I discovered that the ACBA Federation and NABU had launched a grant competition for guest houses titled ‘Green Guest House.’ I submitted an application, they came to evaluate it, and it turned out that our guest house was one of the five winners in Armenia. We considered that rainwater could serve as a source for irrigating the garden. Thanks to the program, we now possess a two-ton tank that collects rainwater from the roof and automatically irrigates the garden,” stated Astghik Ghazaryan.

Astghik has numerous plans for enhancing the guest house, which will increase the recognition of her village in the future. The Manana guest house is situated at the following address: Tsaghkadzor community, Marmarik village, tel.: 093 24 13 40.

The ACBA Federation is the only significant shareholder of ACBA Bank, owning more than 75% of the bank’s shares. Through its participation in ACBA Bank, the ACBA Federation contributes to the development of agriculture, small and medium-sized businesses in rural areas, community development, revitalization and development of the business environment in communities, as well as the growth of the well-being of each person engaged in entrepreneurial activity in the above-mentioned areas throughout Armenia.-0-

spot_img

POPULAR

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

Mher Ananyan joins Unibank’s Management Board

According to the decision of the Board of Unibank OJSC dated August 3, 2026, Mher Ananyan has been appointed Acting First Deputy Chairman of the Management Board.  

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img