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
120 news hotels opened doors in Bulgaria in 2008, according to data released by the National Statistical Institute.
This is an 8% increase bringing the total number of hotels in Bulgaria to 1 646. 43,3% of all hotels, and 63,8% of all hotel beds are located on the Bulgarian Black Sea coast.
A total of 3 217 accommodation facilities existed in Bulgaria in 2008, including hotels, motels, camping sites, and lodges.
The total number of beds in these facilities increased by 7,3% in 2008 to reach over 293 000 beds.
The number of overnight stays in Bulgaria's accommodation facilities grew by 1,2% (or by 215 000) compared to the 2007 figures, reaching a total of over 18,3 million overnight stays.
The general trend shows an increase in the number of overnight stays by Bulgarians, and a decrease in the number of overnight stays by foreign citizens.
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