Bulgarian Touroperators Worried By Drop in Russian, Ukrainian Market

Business » TOURISM | April 4, 2014, Friday // 16:12| Views: 1629 | Comments: 4
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Bulgaria: Bulgarian Touroperators Worried By Drop in Russian, Ukrainian Market File photo

The Bulgarian touroperators are concerned by the possible drop of number of Ukrainian and Russian tourists this summer. 

According to Bulgarian-language Capital Daily, another reason, besides the tensions between the two countries, is the depreciation of the Ukrainian hryvnia and the Russian ruble to the Euro – with 46 and 20%, respectively. 

According to the newspaper, none of the touroperators gave official data how much the numbers have dropped, but the average is about 10-12%. The numbers, considering that the Russians are the most numerous tourists in Bulgaria and Ukraine is in the top 6, are considerable. 

“The Russian market is on hold,” said Valentin Yosifov of TUI for the daily. “People are stressed by the depreciation of the ruble.”

Meanwhile, the bTV channel reported, that in spite the unusually mild and snowless winter, the ski season in Bulgaria was fairly good and posted a 2% increase of tourist numbers. 

The sector was expecting much higher figures – between 30 and 40% growth. 

The results, however, are different. The winter resorts were visited by 1 250 000 tourists. Those from Turkey posted an 8% increase, while those from Serbia and Macedonia dropped by 10%. The number of Russians remained the same.

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» To the forumComments (4)
#4
Warfou - 5 May 2014 // 23:47:41

There were 4,5 millions tourists on the Crimea in 2013, whereas 3 millions were Ukrainians and the rest - Russians. For this season there is a 95% drop of interest in coming to the Crimea among the Ukrainians. It is a chance for Bulgaria to encourage them to come to BG instead, 3 millions additional guests would mean a lot.

#3
depressed - 5 May 2014 // 21:11:32

The effect on the Varna area will be heavy loses for property owners and hotels as the flights to Varna are to expensive , If you own a property you can;t get to it via Varna at a sensible price and because the price is so high you can not sell your property as no one wants to pay crazy airfares.

#2
Fr Jack Hackett - 5 Apr 2014 // 12:35:57

This may have an effect on estate agents too as I have heard that some have neglected buyers from EU countries in favour of those from Russia.

#1
Jetbuster - 4 Apr 2014 // 19:36:36

Can anyone make sense of the figures in this article. Is the news good or bad ??