Bulgaria Leads EU in Construction Growth for 14th Straight Month
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
Prices for overnight stays on the Northern Black Sea Coast are set to rise this summer, with increases expected across different hotel categories. According to Stanislav Stoyanov, deputy chairman of the Golden Sands Hoteliers' Union, price hikes will likely range from 10-15% on average, though some higher-category hotels may raise rates by 20%. He explained that the increases are in line with overall economic trends in the country.
When asked for specific figures, Stoyanov estimated that an overnight stay in a three-star hotel, previously priced at around 100 leva, could rise to 120-125 leva. This calculation, however, actually reflects a 20-25% increase, rather than the initially mentioned 10-15%.
Several factors are contributing to the price surge, including inflation, rising local and basic taxes, higher wages, and increased costs for electricity and utility services. Stoyanov emphasized that while the industry is striving to keep prices competitive, the rising expenses are making adjustments necessary.
Despite the anticipated price increases, early bookings for the summer season have been strong, a trend Stoyanov attributes in part to Bulgaria’s full membership in the Schengen area. He remains optimistic about a successful season and hopes for an extension of the traditionally short summer tourism period. Ideally, he envisions a return to a five- or six-month season, from April to September or May to October, though he acknowledges that achieving such a goal remains uncertain.
Bulgaria continues to lag behind neighboring countries in achieving significant growth in its tourism sector
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
Travelers planning a spring escape might want to consider Sofia
Bulgaria is drawing considerable attention at EXPO 2025 in Osaka, Japan, as it returns to the world exhibition after a 55-year hiatus
Varna, Bulgaria has been ranked the second most affordable wellness destination in Europe and 13th globally
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase