Jermuk was absolutely beautiful, but I will let the picture do the talking for me. It seemed every direction you turned was worthy of a postcard. The temprature was not bad, despite all the snow, and the resort town was undergoing a building boom. Every single hotel and spa was being remodeled. There are at least a dozen large ones, and they were all being done by local investors, and primarily targeting local customers. Two of them were really beautiful buildings which were completely gutted and redone, while the others were undergoing various levels of lighter work. Non-hotel buildings were being converted as well to hotels. This to me was perhaps the greatest sign yet that Armenia is starting to boom internally. People are not worried about putting large amounts of into business here, and some people have enough disposable income to spend $20-$100 a night on a hotel room. Once all the hot mineral baths are done, the place just needs a ski lift and it will be amazing all year round, and much better than it ever was in Soviet times.