After the independence of Armenia, Tsaghkadzor has flourished with many new luxurious hotels and sanatoriums to become a major winter resort attracting large numbers of ski and snowboard enthusiasts from around the world.
After the independence of Armenia, Tsaghkadzor has mainly flourished since 2000. With the foundation of many luxurious hotels and sanatoriums, the town became a major winter resort attracting large numbers of ski and snowboard enthusiasts from all over the world.