Bulgaria Named Brits Best Value Holiday Hotspot

Business | March 10, 2008, Monday // 00:00| Views: | Comments: 2
  • Send to Kindle
Bulgaria: Bulgaria Named Brits Best Value Holiday Hotspot Cheap drink, bargain flights and cut-price hotels have turned Bulgaria's coast into Brits' preferred destination to save money and often lose their inhibitions. Photo by Yuliana Nikolova (Sofia Photo Agency)

Bulgaria has cemented its reputation as the cheapest package holiday destination on the British market, a survey shows.

A pint of beer and a Big Mac costs just GBP 1.49 in Bulgaria, making it the world's best value holiday hotspot for Brits, according to the survey of Teletext Holidays, a specialized tourism site.

The World's Best Value Breaks Report surveyed holiday costs in 20 worldwide destinations.

The findings cement Bulgaria's reputation as a cheap package holiday destination, with many Brits now shunning the Costas in favour of Black Sea resorts like Sunny Beach and Golden Sands.

Research revealed that traditional holiday favourites such as Spain, which trailed in 17th place, Italy and France are left firmly in the shade when it comes to value-for-money escapes.

The Teletext Holidays survey claimed average hotel prices in Spain vary between GBP 80- GBP 145 per night, while holidaymakers have to fork out GBP 18 for a three-course meal.

Although Bulgaria boasts the cheapest pint in Bulgaria - costing 49p - beer-lovers can also enjoy a cheap booze-up in Morocco (51p), the Czech Republic (61p) and South Africa (83p).

Marrakech, famed for its winding souks, minarets and medinas, is singled out for offering luxury breaks at affordable prices. A five-star hotel room with breakfast in the city will set the visitor back GBP 80.

Two other African hotspots - Tunisia and Egypt - are also recommended for holidaymakers on a shoestring, while Greece, Turkey and Portugal are other short haul winners.

Surprisingly, two long haul destinations are featured in the top 10. Despite the flight costs, splashing out on a three-course meal in South Africa or India won't cost more than a tenner.
Business » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (2)
Stealthy - 12 Mar 2008 // 10:53:35

lol... I agree that "the cheapest" does not mean qualitative ...

furian - 11 Mar 2008 // 12:08:18

Best value for money is a strong argument in any business. Bulgaria has for sure an advantage offering holidays at affortable or "non profitable" prices, but at a very high cost for the ordinary Bulgarian citizens.

Nothing is totally for free in this world, and Bulgarians are supporting a tourist industry based on unpaid taxes, mismanaged loans, undeclared(cash in hand) investments, stolen public money/tax revenues and serving as washingmachine for dirty mafia money......
The seasonal workers work in Sunny Beach on illegal workconditions with no contracts and are underpaid, and in general the hotel/business owners follow standard rules for transparent accounts, annual reports, board meetings...

So instead of being a growing,efficient and sustainable business able to compete with other countries on fair conditions, in Bulgaria it depends to a great extent on poverty, mismanagement and cheating/tax fraud.
The tax revenues from tourism should be re invested in infrastructure and further developement and call for real funding partnership with EU. But EU has demonstrated growing mistrust and unwillingness to fund corrupt businesses, mismanaged projects and politicians, so Bulgaria cannot expect to have the "cheap holiday advantage" much longer.
Bulgaria has also lost the major advantages in the property market due to overproduction, fake/artificial pricing and low quality, and faces now a collapse in the market because EU blocks investments and private investors are pulling out. The property market and tourist industry are closely related in Bulgaria.

The industry and energy production sector with core industries and nuclear powerplants have already lost in competition or faces punitive actions from EU due to mismanagement and breaches of environment regulations.

What remains is basically organized crime, drugdealing, corruption and fraud which already counts for 50%+ of Bulgarias national economy, and that is hardly an option to attract serious investments and tourists.

I hope the tourist industry will fight for better services, higher prices and an improved image of Bulgaria! The "cheap Bulgaria" consept is not sustainable and durable, but "quality Bulgaria" has a future.

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria