Surge in New Hotels, Restaurants, and Tech Startups in Bulgaria
The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate
In June 2017, 2 771 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country, according to the National Statistical Institute (NSI).
The total number of the rooms in them was 129.1 thousand and the bed-places were 294.9 thousand.
In comparison with June 2016, the total number of accommodation establishments (functioned during the period) increased with 0.5%, and the bed-places in them - by 5.5%.
The total number of the nights spent in all accommodation establishments registered in June 2017 was 3 889.5 thousand, or by 8.5% more in comparison with the same month of the previous year, as the greatest increase (by 10.5%) was observed in 1 and 2 stars accommodation establishments. In June 2017, 67.0% of all nights spent by foreign citizens and 28.1% of all nights spent by Bulgarians were realized in 4 and 5 stars hotels. In 3 stars accommodation establishments were spent 23.6% of all nights by foreigners and 29.6% of all nights by Bulgarian residents, while in the rest of accommodation establishments (with 1 and 2 stars) they were 9.4% and 42.3% respectively.
In June 2017, the number of arrivals in all accommodation establishments increased by 9.8% compared to the same month of 2016 and reached 926.9 thousand, as increase by 14.3% for foreigners and by 3.4% for Bulgarians was registered. Bulgarians spent the nights in accommodation establishments in June 2017 were 363.9 thousand and spent 2.4 nights on the average. The arrivals of foreigners were 563.0 thousand, as 67.9% of them spent nights in hotels with 4 and 5 stars. On the average 5.3 nights were spent by foreigners.
According to the initial data, in June 2017, the total occupancy of the bed-places in accommodation establishments was 45.2%, as compared to June 2016 increased by 0.4 percentage points. The highest was occupancy of the bed-places in 4 and 5 stars accommodation establishments - 60.7%, followed by 3 stars accommodation establishments - 40.4%, and with 1 and 2 stars - 26.5%.
The total revenues from nights spent in June 2017 reached 188.0 million BGN or by 14.9% more compared to June 2016. An increase was registered in the revenues from both foreign citizens and Bulgarians - by 16.4% and 8.2% respectively
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
Vacationing at the seaside, whether in our country or abroad, is reasonably priced
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022