Fri, Feb 10 2012

Almost a fifth of hotels closed, tourism revenue falling

Wed, Jul 15 2009 12:08 CET 3927 Views 15 Comments
Almost a fifth of hotels closed, tourism revenue falling

Trifon Zarezan beach, near Varna, July 2 2009.

Photo: Maria Subotinova

Almost a fifth of hotels closed, tourism revenue falling

Golden Sands, July 13 2009.

Photo: Мария Съботинова

Almost a fifth of hotels closed, tourism revenue falling

Slunchev Bryag - Sunny Beach, July 10 2009.

Photo: Anelia Nikolova

Revenues from foreign tourism in Bulgaria this year will be 25 per cent less than last year, according to a new report.
 
About 20 per cent of hotels in Bulgaria, including those at the seaside, have been closed and 60 per cent of the beds are not booked, according to Roumen Draganov, head of the Institute for Analysis and Assessment of Tourism.
 
In 2008, Bulgaria got 2.4 billion euro from foreign tourism, Draganov said, and this year the projected figure was 1.9 billion euro.
 
The reasons behind the decline were lower visitor numbers, resistance to high prices, inefficient use by the industry of human resources, and inefficiency in investments.
 
In turn, the low rate of bookings was making it difficulty to hotels to repay loans, Bulgarian news agency Focus quoted Draganov as saying.
 
"That is why in the peak of the season some hotels stay closed and they will stay closed for the whole summer," Draganov said.
 

  • Print
  • Send via email
  • Translate to
  • Share:

Comments

Anonymous disappointed tourist Fri, Jul 24 2009 02:59 CET

My first impression on arriving in Bulgaria was one of excitement and enthusiasm but was disappointed by the overt prostitution that goes on not just in the street but in the hotels of the popular beach resorts. Another annoying thing for me was being hassled by people to eat or drink in their establishments. Get rid of all the above then tourists will return. The Black Sea Coast is beautiful but is being ruined.

AnonymousUSA visitorWed, Jul 22 2009 09:04 CET

This comment has been removed by the moderator because it contained

Anonymous The Economist,Belgium Wed, Jul 22 2009 02:52 CET

Why is it so difficult then to find a good deal on a hotel on the Black Sea Coast? If you bring a value proposition on a good site, you will get your hotels filled. Not this kind of nonsense. Anyone got an idea where i can find good deals?

Anonymous jed Mon, Jul 20 2009 00:15 CET

It is a pity that there has been such a huge drop in tourism.
The economic climate has a lot to do with it. Generally, the first thing someone asks, when looking at going away for a vacation is "how much will it cost to get there"? As there has been a drop in operators coming here and with airfares higher (from the UK) than to most other European holiday destinations, of course that is likely to cause an impact.
I'm lucky enough to live here so I don't have to get involved with aspects of [...]

Read the full comment the tourist industry that are open to criticism (I don't stay at hotels, I don't go to restaurants or bars and I rarely get to the beach) but I would imagine that the same attitude prevails that is so obvious in general day-to-day life here and that is "if I don't get as much money as possible today, I might not have any money tomorrow", blithely unaware that good service, a good attitude, fair prices and good quality will inevitably reward more in the future.
USA visitor –“how is it that only foreigners can own modern flats and most importantly residential homes and not simple BULGARIANS citizens!” You are incorrect. Home ownership (apartments and house) by citizens in Bulgaria is extremely high. Not only that, many Bulgarians own more than one property. Of nearly forty families that I have come in close contact with, since living here, I know of only one that doesn't own a property. However, they are living rent free in what used to be their own property, having sold it to an absentee foreign owner. They are waiting until coastal properties drop sufficiently for them to purchase two, from the proceeds of their village house, in the same block so they can live in one and rent out the other.

Anonymous Rip Toff enuff Sun, Jul 19 2009 21:11 CET

USA visitor, you are correct about the opportunities in the USA.

We have visited and love it there,it is a land where anything is possible especially for the young and ambitious.

Sadly the opportunities are not as equally balanced here in Bulgaria,
this beautiful country is slowly self destructing due to greed and mismanagement.

We were in Pamporovo in February and the prices were absolutely scandalous. It was a good job the bar staff had a Parrot to talk to as many of the guests abstained [...]

Read the full comment after the first night.

Anonymous USA visitor Sun, Jul 19 2009 13:50 CET

how is it that only foreigners can own modern flats and most importantly residential homes and not simple BULGARIANS citizens! This shows how corrupt the bulgarian country officials are; the people and state tourism agency is. There must be a balance in economics! A normal decent life should be a main objective for a every citizen. And raising price is not going to help. Just with 300 million people the USA "CITIZENS" fights aggresively towards inflation compared to the euro-zones near 500 million! The USA is one of the top best countries to live and work. period! Plus it has [...]

Read the full comment alot of land. And with the current administration in the white house over the course of 8 years the world can expect more immigration allowance to america!

But a government and citizens cannot inject ideaology and economics in a few years in what took USA a few hundred years! USA did not create itself for monetary reasons but the country was founded on democracy and hope for where dreams can come true regardless of your cultural background. And these are some of the distinctions that significantly seperates BG in the balkans and also from the rest of the "euro-zones" and not europe(politically)! A constitution cannot and should not be created just to create a stronger unified currency! This will lead ulitmately to chaos and destabilization of monetary policies in the euro-zones. The irish is correct to withhold from signing the lisbon treaty and likewise, hungary and poland.

Anonymous tourist #2 Sun, Jul 19 2009 13:34 CET

indeed; Bulgarian gov;t officials are very confused, thus the citizens are even more confused. Forget BG, there other places like croatia, Bosnia, and now Montenegro and even Romania and Ukraine! We wish bulgaria has another crash but in this case where the young ones will remember how devastating it will be! The previous generations did little to explain what caused market and leva crash in Bulgaria. Inflation is more dangerous than a recession/deflation.

Anonymous Rip Toff Enuff Sun, Jul 19 2009 12:25 CET

You think things are bad now, it hasn't even started yet. In a very nice housing estate close to where I live a four bedroomed house was valued at £295,000 last year.It was sold at auction 3 months ago for £168,000. In Sofia and Plovdiv there are people living in negative equity. The solution is simple either bring your prices down or shut down for at least two years.

Anonymous Jordan Fri, Jul 17 2009 21:40 CET

I agree with all of yous opinions.
PR firms, and all else is much needed to help the Bulgarians to compete with the rest of the world.

Cheers

Anonymous marnie Fri, Jul 17 2009 10:49 CET

People are not going to visit
Bulgaria if they can go to France,
Austria or even Mexico for the same money. Turkey is the cheapest
destination, and Bulgaria should be pitching prices around this kind of level - ish.
But you can rent an apartment, villa or chalet quite cheaply direct from the owners on the holiday lettings and holiday rentals sites. Most owners wish
they had never purchased and are
disappointed with the slow lettings
market. Wildly extravagant claims
were made concerning rental [...]

Read the full comment occupancy when these places were being sold.And the lack of infrastructure/things to do does not help.
Bulgaria does very little to help itself.Marketing and service provision are poor. Tourists and property investors are seen as cash cows.
Planners should not approve properties that are likely to bliht the landscape or result in much oversupply. But, if plans were approved correctly, the investors should not have to suffer
losses - otherwise construction in Bulgaria will be finished - resulting in massive job losses.
Bulgaria has been blessed by nature
but sadly the Bulgarians do not seem to make the best of it. As
always it does not seem to be the
ordinary people who are most at fault.

Anonymous Rip Toff Enuff Thu, Jul 16 2009 19:18 CET

We were in Sozopol recently and were really impressed with the apartment we rented 40 Leva a night. We tried a few hotels first but were not impressed with the facilities or the attitude for the ridiculous prices they were trying to charge. The owners were really happy when a booked the other vacant rooms for friends. We are going back in September and have provisionally booked the whole block. When hotels in major cities around the world are cutting their prices whilst not dropping standards why oh why doesnt the Bulgarian tourist board get their heads out of the [...]

Read the full comment sand and do the same.

Anonymous Miss A Camroon Thu, Jul 16 2009 17:37 CET

I have to say that Bulgaria is failing to appreciate that in order to attract tourists they have to try and improve the quality of the services they offer. Too much of what they provide in the way on new accomodation is sub standard compared to the rest of Eorope but prices for hotel meals are too expensive and in regions like Bansko the taxi firms are pricing themselves out of the market as are the firms that supply meals on the ski slopes.To charge as much as they do in France and Austria is not the way to attract [...]

Read the full comment people to visit Bulgaria.The Country has to realise that they have to make prices attractive to want to vist and the type of food served needs to suits the europens tastes and offer more variety. You have a lovely country but you have to improve standards.

Anonymous Budgysmuggler Thu, Jul 16 2009 04:37 CET

need to build more then, thats the obvious money laundering plan. need to fill the fill the country with 'em. so much space to fill.

Anonymous Rossitza Thu, Jul 16 2009 00:44 CET

A good lesson for those who overbuilt the Black Sea coast. I hope the new government will not permit half-built hotels as the one on the pix to stay there. They should destroy all hotels that are not finished in 3 years and these that don't operate for the same period of time and plant the forests again on the place they distroyed them.

Anonymous Resident Wed, Jul 15 2009 21:55 CET

Probably longer than it will take you to punctuate correctly.LOL:D

Anonymous tourist Wed, Jul 15 2009 21:46 CET

When we find a decent hotel with good service good food clean hotel rooms we will return. I wonder how long it will take.


To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Bulgaria’s tourism market shrivels up to 30 per cent in summer 2009

As the peak season draws to an end, hoteliers and tour operators are putting the finishing touches on summer 2010 deals, when most companies will slash the number of hotels they work with but do their best to keep tourist numbers unchanged. In addition, they will seek ways to encourage early bookings through juicier offers and special extras to packages.

Drastic decline in tourism in Bulgaria's capital

Poor customer service, establishments operating with false accreditations and the economic crunch are all to blame, according to a municipal report

Bulgarians idle away summer on foreign beaches again

The industry blamed the trend on lucrative offers available in neighbouring Turkey combined with poor infrastructure and bad service at home.

Foreign tourist numbers decline

The number of foreign tourists that visited Bulgaria from January to May 2009 is 7.6 per cent less than in the same period last year, and revenue has dropped too, according to the State Agency for Tourism.

Bulgaria’s Black Sea hotels laying off staff mid-season – report

Hotelier paints grim picture of some hotels on the southern Black Sea coast of Bulgaria closing down in the midsummer season, and even hotels that have guests are letting staff go.

Tourism opportunities in Bulgaria: Russian roulette

After Russia restricted casinos in part of the country on July 1, Bulgaria has a "golden opportunity to become the Las Vegas for Russian gamblers," Bulgarian daily Standart said.

Tied in a knot

Hundreds of companies across a number of sectors will suffer in case of a poor summer tourist season

Brief summer

Doomsayers have been predicting the downfall of Bulgaria’s tourism sector for years. This summer, their forecasts could come true

More in this category

Cautionary tales as tour groups caught in the middle of money rows

Foreign and Bulgarian tourists victim of debt row at a Pamporovo hotel, Foreign Ministry intervenes after another tour group delayed in Morocco, and Bulgarian arrested in Serbia for forging receipts for payment for tour group.

Bulgaria to spend 4.2M leva on tourism fairs in 2012

The country will withdraw from participation in some international tourist expos but will join others to promote itself as a tourist destination.

Ski runs on Vitosha Mountain to shut down

Management company says current legislation makes it impossible to run the ski lifts legally.

Varna ranks second by overnight stays in Q3 2011

The municipality accounted for 26.8 per cent of the total number of overnights in the quarter and generated 30.5 per cent of the country's revenue from accommodation services.

Bulgarians' trips abroad rise 20.9% Y/Y in Q3 2011

In July-September, a total of 1.522 million Bulgarians travelled abroad or in the country.