Summer Tourist Season to Be Profitable for Bulgaria despite Crisis

Business » TOURISM | August 2, 2009, Sunday // 10:55
Bulgaria: Summer Tourist Season to Be Profitable for Bulgaria despite Crisis Bulgaria's tourism is expected to be profitable in 2009 despite the effects of the crisis. Photo by BGNES

Despite the expected decline of the number of foreign tourists in Bulgarian resorts during summer 2009, Bulgaria is likely to end up with a profitable tourist season.

According to Blagoy Ragin, Chair of the Bulgarian Hotel and Restaurant Association, if the decline in the number of foreign tourists is contained within 5%-7%, the summer season could be considered successful.

The Bulgarian resorts would fare better in August than they did in July in terms of the number of tourists they attract, Ragin said, as quoted by dir.bg.

He stressed that the number of Bulgarian tourists who visit Bulgarian resorts had increased which meant that they had decided to support the Bulgarian economy in a time of economic crisis.

Ragin expects a boom in the hunting tourism, and an intensive development of cultural, spa, wine-tasting, and golf tourism in Bulgaria in the years to come.

In his words, despite all flaws of the Bulgarian tourism sector, it was going to bring at least BGN 3 B in the Bulgarian economy in 2009.

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Tags: Blagoy Ragin, Bulgarian Hotel and Restaurant Association, resort, Global Financial Crisis

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