Bulgaria Expects 2% Tourism Growth in 2014
Bulgaria's tourism sector expects growth by around 2% in 2014, according to Rumen Draganov, head of the Institute for Analysis and Assessment in Tourism.
Draganov, as cited by the Focus news agency, explained Friday that Bulgaria's tourism industry was gaining predictability and stability, adding that the standard growth rate in Europe and across the world amounted to 2-3%, in line with EU inflation trends.
He reminded that Bulgaria had anticipated a growth rate of 4-5% in tourist numbers in 2013, as well as an increase by 2-2.5% in tourism revenues.
"Taking into account that for years on end Bulgaria achieved growth rates of 30%, 25%, 10%, 7%, etc, we have reached quite large numbers of tourists and rates of tourism revenues on the basis of the technical conditions we offer such as accommodation capacity, infrastructure, etc" Draganov explained.
He pointed out that the lack of spikes to the tune of 30% and 25%, which had been registered in 2004-2008, meant that the sector was becoming more sustainable and an overheating of the system would be avoided.
Draganov argued that more than 280 000 Brits were expected to visit Bulgaria in 2014, while some 100 000 Bulgarians were expected to travel to the UK.
He reminded that Bulgarians were affected by unprecedented negative campaigns launched due to the abolition of restrictions to EU labor markets, the most notable examples being the UK, Germany and the Netherlands.
He stressed that the negative publicity related to the lifting of work restrictions undermined the efforts to create a positive image of Bulgaria's tourism industry.
Draganov recommended launching a massive advertising campaign to oppose the labeling of Bulgaria and Romania as the poorest EU countries which many people were eager to leave.
- » Foreign Visitors To Bulgaria Increase In July
- » Trips of Bulgarians Abroad Increase by 34.7% in Q2 Y/Y
- » Bulgarians Spend Their Summer Vacation in London, Barcelona
- » Another Russian Tour Operator Goes Out of Business
- » Inspections Find Violations at 1 out of 7 Bulgarian Beaches
- » Bulgarian Hotels Boast 11.6% Revenue Growth in June 2014
Who are the Brits?!? Why are we even talking about British pennies?
The EU is 500 million people and Asia is around 4 billion. Many Asians like gambling and wouldn’t mind coming to Bulgaria and enjoying casinos with all types of organized entertainment like music bands and concerts, comedy shows and circus, spas, swimming pools, saunas, good affordable restaurants and quality food and etc.
Why do you think Vegas prospered in the middle of the desert? Everybody thought that Benjamin Siegel (Bugsy Siegel) was crazy to build the Flamingo in Vegas but go and have a look at Vegas now.
If executed properly casinos and gambling areas can stimulate local economies by generating jobs and taxes. It’s being done all over North America in depressed areas to stimulate the local economy. Here an example link for native casinos.
Bulgaria and the whole Balkans for that matter can only profit if they diversify their resort and tourism based economies with some gambling entertainment and activities.