Tsaghkadzor, also Romanized as Tsakhkadzor, is a spa town and urban municipal community, as well as one of the most popular health resorts in Armenia, located north of the capital Yerevan in the Kotayk Province. According to the 2011 census, the town has a population of 1,256, down from 3,350 reported in the 1989 census. Currently, the town has an approximate population of 900 as per the 2016 official estimate.

The infrastructure of tourism is highly developed in Tsaghkadzor, with many luxurious hotels, resorts and amusement facilities.

Tsaghkadzor ski resort is located just above the town, at a height of 1,750 meters above sea level. It was fully modernized during the first decade of the 21st century. All of the cableway lifts are manufactured and operated by the Leitner Group. The current structure replaced the old soviet-era lifts, mostly following their path. There were initially 3 consecutive lifts stretching from the foot of the mountain at a height of 1969 meters above sea level, up till the mountain peak at 2,819 meters high, with the first and second lifts ending at 2,234 meters and 2,465 meters high, respectively. In 2006 a fourth lift was added, stretching from the end of the first stage towards an opposite hilltop, thus adding two trails, both leading down to the foot of the slopes. Apart from the lifts the resort offers ski and snowboard rental as well as skiing instructors. The skiing season in Tsaghkadzor normally starts in mid-December and stretches well into March with the top slopes often fit for skiing in April.

Tsaghkadzor is the second Armenian city after Yerevan to have the largest number of hotels. Many luxury hotels and resorts were opened recently to serve the town during the summer and winter seasons, including the Marriott Tsaghkadzor Hotel, Multi Rest House Hotel, Golden Palace Resort and Spa, Ararat Resort Tsaghkadzor, Best Western Alva Hotel and Spa, and the Tsaghkadzor General Sports Complex Hotel.

Tsaghkadzor is among the 3 towns of Armenia that are allowed to accommodate gambling houses and activities within urban area (along with Jermuk and Sevan). The town's "Golden Palace Senator" and "Senator Royale" are among the most prominent casinos of Armenia.