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Some 15 000 – 20 000 Russians will not be able to spend their holidays in Bulgaria due to bankruptcies of Russian tour operators.
In an interview for Monitor daily, Bayko Baykov, Chair of the Association of Bulgarian Tour Operators and Travel Agents, argued that the decline was observable on all outbound markets for Russia without exception.
He suggested that the bankruptcies of Russian companies in the sector would also have a direct impact on transport schemes.
Baykov said that the devaluation of the Russian ruble had affected the purchasing power of tourists, adding that the situation required great flexibility on the part of tour operators.
Meanwhile, yet another Russian travel agency announced Tuesday that it was suspending its activities.
IntAir said in a media statement that it was suspending operations due to the negative impact of currency trends and the political situation.
IntAir suffered a similar fate to four other Russian travel agencies, including Saint Petersburg-based Neva and Expo Tour, and Moscow-based Labirint and Roza Vetrov Mir.
Russia's state travel watchdog Rosturism admitted Tuesday that the suspension of the activities of IntAir would have a negative impact on tourism sector.
The "Turpomosht" association is currently helping stranded Russian tourists to return from their holiday destinations.
Bulgarian business is riding a wave of momentum in the second quarter of 2025, with newly established companies growing by 7.3% - a pace faster than the EU average of 4.6%
Bankruptcies in Bulgaria are expected to increase by 2% in both 2025 and 2026
A group of mid-sized US banks has called on US federal regulators to guarantee all their customers' deposits for 2 years, even if they are above the guaranteed deposit limit of up to $250,000
100% increase of Ukrainian citizens arriving at the Bulgarian "Durankulak" border checkpoint has been noted in recent days. The situation has changed dramatically due to the increased flow of people who, after the strike against the railway station in Kra
Increased interest in charter programs for Christmas and New Year, according to tour operators. However, tourists are sensitive to all restrictive measures and many of the registrations are at the last minute.
Tour operators expect a difficult and challenging winter season. There is a risk that the traditional winter tourists from Great Britain, the Scandinavian and Bulgaria's neighboring countries will give up their intentions to come to Bulgaria.
The Association of Tour Operators and Travel Agents “Future for Tourism” (OBT) has urged the authorities to ensure equal treatment of Bulgarian citizens awaiting evacuation from Dubai
In Bansko, the winter tourism season is facing a severe crisis as the war in the Middle East triggers widespread cancellations. Reservations from Israel and other affected countries have been entirely scrapped, leaving hotels nearly empty
At the close of 2025, Bulgarian citizens showed a slight increase in travel activity, with approximately 1.1 million individuals aged 15 and above undertaking tourism trips in the fourth quarter,
Wizz Air, the leading airline in Bulgaria by market share, has announced the launch of a new direct route connecting Burgas with Radom, Poland
Bulgarian tourism experienced a strong rebound in 2025, with notable increases in visitor numbers, overnight stays, and tourism revenues, according to outgoing Minister of Tourism Miroslav Borshosh.
Revenue from overnight stays in Bulgaria continued to rise at a solid pace at the end of 2025, with hotel income in December increasing by 12.5 percent on an annual basis
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