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
In July 2020, during the ongoing epidemic situation in the country, there were 2,768 sites with more than 10 beds - hotels, motels, campsites, chalets and other places for short-term accommodation. The number of rooms in them is 112.9 thousand, and the number of beds - 251.4 thousand. Compared to July 2019, the total number of accommodation establishments operating during the period decreased by 18.4%, and the number of beds in them - by 22.5%.
The total number of overnight stays in all accommodation establishments registered in July 2020 was 2 265.9 thousand, or by 61.9% less compared to the same month of the previous year, with the largest decrease in overnight stays (by 67.7%) is observed in 3-star accommodation. This is shown by the data of the National Statistical Institute (NSI).
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