Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's 2011 Tourist Season Shapes to Be Best in Decade
Date: 13/08/2011
Bulgaria's 2011 Tourist Season Shapes to Be Best in Decade

Bulgaria's 2011 summer tourist season will most likely end up being the most successful in terms of revenues in the past ten years, various data indicates.

The Institute for Analysis and Assessment in Tourism, a think-tank, estimated that 6.6 million tourists will have visited the Bulgarian Black Sea by the end of the season in August 2011. This means a growth of the number of tourists by some 14% with respect to their numbers in 2010.

Prof. Stoyan Marinov, member of the board of the Varna Tourism Chamber, disagreed with these estimates, as cited by Darik on Saturday.

He believes that the number of tourists will be 10% more than in 2010, while the revenues will be about 6% larger, but that such results would still be very strong and sufficient to surpass the revenues in 2008, which was the strongest year for Bulgaria's summer tourism over the past decade.

Marinov said that Bulgaria's summer tourism sector lost revenues of over EUR 200 M in 2009, as a result of the global economic crisis. In 2010, the sector recovered, almost reaching the 2008 level, which is now set to be surpassed.

According to estimates of the Varna Tourism Chamber, this summer Bulgaria is seeing 20% more tourists from Russia, as well as smaller increases in the number of tourists from Germany, Romania, Ukraine, Moldova, Poland, and Israel. Only the Polish tourists already account for 15% of all bookings.

Marinov has predicted a rise in the numbers of tourists from Arab nations such as Iraq, Syria, and Jordan.

Data of the Varna Tourism Chamber shows that the 55 000 hotel beds in the resorts in the Varna District, which is one of Bulgaria's three Black Sea districts together with Burgas and Dobrich, are almost fully occupied as of mid August.

Topic: Business

Featured District
Invest Bulgaria Charts
Consumer Price Index of Bulgaria (annual change)
Consumer Price Index of Bulgaria (annual change)

Gross Domestic Product of Bulgaria per Capita
Gross Domestic Product of Bulgaria per Capita

See all charts
Did You Know?
The First Bulgarian Kingdom
The First Bulgarian Kingdom
At the time of its peak, the First Bulgarian Kingdom, was one of the largest countries in Europe ... More

Rila Monastery was founded in 10 century by St. Ivan of Rila. It is the greatest Bulgarian monastery - unique architecture, exquisite wall paintings, brilliant iconostasis, a rich collection of icons and old manuscripts - a true masterpiece of the National Revival Period. Under UNESCO's protection, Rila Monastery is one of Bulgaria's biggest sanctuaries.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members