Income of Hotels in Bulgaria Grows Thanks to Local Tourists

The income of hotels in Bulgaria in March grew by 9.9% and reached BGN 32.9 M, year-on-year, mostly thanks to local tourists, shows data of the National Statistics Institute (NSI). 

The growth of income from Bulgarian tourists was 20.1%, even though they stayed in hotels of lower categories and for a shorter period, compared to foreign tourists. 

The overnight stays in hotels of one or two stars have increased by 20%, compared to March 2013. 

The overall occupancy of hotel rooms in March 2014 was 21.2%, the highest being in the preferred by foreign tourists four and five star hotels – 30.1%.

Year-on-year, the overall occupancy grew by 1.2%, in spite the 4.9% increase in the number of beds. A little over 333 000 people stayed in hotels in March, of them 71.7% were Bulgarians.