Sat, Nov 21 2009

Bulgaria's tourist sector proved surprisingly resilient last year with rising profits and a surge in building, particularly on the Black Sea
During the May-June period, holiday packages and one-night stays at hotels in Black Sea resorts could cost up to 20 per cent less.
Hotel owners face grim choice: keep current prices and face bankruptcy or cut them and still face bankruptcy
The conflagration takes four hours to reduce the hotel to embers. Given the scale of the disaster, it is a miracle that no one is even slightly injured. Survivors claim it was caused by a short circuit, others believe it was done for the insurance.
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?